About the Company:
Wonder Fibromats Ltd is engaged in the manufacturing of ceiling fans, exhaust, pedestaland brushless DC (BLDC)
Company manufactures and supplies fans to many well-known companies in India, which in turn distribute these products under their own brands.
Company is a fully integrated end-to-end product and solution suite to the original sellers of the fans wherein we provide start to end solutions for fan sellers including sourcing, manufacturing, quality testing and packaging.
Company’s fans are manufactured in accordance with the strict industrial standards and these fans are known for their features such as superior strength, fine finish, and make them the one of the established fansmanufacturers in India.
Company has a state-of-the-art manufacturing facility which is strategically located at Raipur Industrial Area, Bhagwanpur, Roorkee-247667,Uttarakhand, India.
As on March 31, 2019, Company had 673 (Six Hundred and Seventy three) permanent employees.
- Ceiling Fans
- Exhaust Fans
- Pedestal Fans
- BLDC Fans (Brushless Direct Current Fans)
Sales Volume across key Product Portfolio: (For FY 19)
Capacity Utilization: (Last 3 Years)
Positives for the Company:
Well Known Companies as Key Clients.
Company’s major customers include well known Companies of fans & home appliances which are selling the products under their own brands in India. All the customers are well respected players in one or more product categories offered by Wonder Fibromats Ltd.
Continue to Increase Product offerings.
Company plans to continue to increase offerings in current product verticals as well as diversify into new verticals by tapping into segments which has attractive growth prospects and higher return ratios where they have distinctive competence and compelling value propositions.
Company also plans to continue to focus on customers with whom they have long-standing relationships in order to develop and supply more sophisticated, higher margin products.
Company is also in the process of setting up a new manufacturing facility in Hyderabad for an estimated production capacity of manufacturing 24,00,000 fans per annum presuming 300 operating days in a year.
- Mr. Harsh Kumar Anand (Designation: Managing Director)
- Mr. Yogesh Anand (Designation: Executive and Non Independent Director)
Objectives of the Issue:
- To finance the Expenditure towards Acquisition of Land, Site Development and Other Civil Work.
- To Acquire the Plant & Machinery.
- To part finance the requirement of Incremental Working Capital.
- To meet General corporate purposes.
- To meet the expenses of the Issue.
|Particulars||Amount (Rs. in Crores)|
|To finance the Expenditure towards Acquisition of
Land, Site Development and Other Civil Work.
|To Acquire the Plant & Machinery||2.90|
|To part finance the requirement of Incremental
|General Corporate Expenses||2.35|
|To meet the expenses of the Issue||1.35|
|Net Proceeds||20.01 cr|
Financials of the Company:
|(in Crores)||FY 17||FY 18||FY 19|
Valuation of Peer Group Companies:
|Company Name||Face Value||EPS||PE Ratio||RoNW||NAV|
|Wonder Fibromats Ltd||10||9.98||9.01||30.67%||32.53|
|Bajaj Electricals Ltd||2||16.34||31.07||15.50%||105.25|
|Issue Opens on||22nd July 2019|
|Issue Closes on:.||24th July 2019|
|Issue Size||Rs.20.01 cr|
|Market Cap||Rs.75.37 cr|
|Listing at||NSE SME|
|Equity Shares Offered (Fresh)||22,24,000|
|Equity Shares Prior to the Issue||76,00,000|
|Equity Shares after the issue||83,75,500|
|Finalization of Basis of Allotment||on or Before 29th July 2019|
|Initiation of Refunds||on or Before 30th July 2019|
|Credit of Equity Shares:||on or Before 31st July 2019|
|Listing Date:||on or Before 1st August 2019|
IPO Valuation Parameters:
|Earnings Per Share (EPS)||Price To Earnings ratio (PE)||Return on Net Worth (RoNW)||Net Asset Value (NAV)|
|Check IPO Allotment Status:|
Karvy Website (Click on the below Link)
|Company Contact Info:|
|Wonder Fibromats Ltd
45, Okhla Industrial Estate,
New Delhi – 110020
Tel: + 011 66058952
Email Id: firstname.lastname@example.org
|IPO Registrar Info:|
|KARVY FINTECH PRIVATE LIMITED
Karvy Selenium Tower B,
Plot 31-32, Gachibowli, Financial District,
Nanakramguda, Hyderabad 500 032
Tel : +91 40 6716 2222
Investor E-mail: email@example.com
|Lead Manager to the Issue:|
|NAVIGANT CORPORATE ADVISORS LIMITED
423, A Wing, Bonanza,
Sahar Plaza Complex,
J B Nagar, Andheri Kurla Road,
Andheri East, Mumbai-400 059
Tel No. +91-22-41204837/49735078
Email Id- firstname.lastname@example.org