About the Company:
WOL 3D India Ltd is engaged in the business of providing 3D Printing solutions enabling easier prototyping finding its application in various sectors like manufacturing, education, engineering, architecture, interior designing, fashion designing, product designing, medical, dental etc.
Company is a 3D Printing Solutions Company aimed at bridging gap between ideation and manufacturing by providing high quality and cost-effective 3D Printing solutions with cutting edge technology.
3D Printing is used for additive manufacturing (AM) which is a computer-controlled process that creates three dimensional objects by depositing materials, usually in layers. 3D-printing allows materials to be created without joints and with minimal post-processing.
Company’s product portfolio includes wide range of 3D Printers offering various solutions comprising of: Desktop 3D Printer, Industrial 3D Printer, Resin 3D Printer, DIY 3D Printer, Multi Color 3D
Printer, etc.
Furthermore, Company’s product portfolio includes 3D Pens which are used to draw three-dimensional objects. These 3D Pens are available in safe, multi-color, easy to operate, plug & play, LED Screen in 8 designs out of which three are patented by the company. This was a new milestone in 2023 when our company received Patent registration for the design of its 3D Pens.
Company largely imports these printers and have got trademark registrations in India for some of the popular 3D Printer brands like: Flashforge, Fila-tech, Wol3D, Qidi Technology, X-smart 4.0s, I Tech 4.0s, itouch3D, Hismart4.0s, Creality 3D, Creality and Pixel 3D.
These Printers are strong, dependable, and affordable, with high-quality parts that enable makers, innovators, designers, and dreamers to create, innovate, and improve their ideas. These printers
simplify the user experience for hassle-free 3D model manufacturing and prototyping.
Company’s Portfolio of offerings includes:
- Hardwares like: 3D printers, 3D Scanners, Laser Engravers and 3D pens
- Consumables like: 3D Filaments, 3D Resins.
- 3D Prototyping services and
- Other services like Installation, AMC (Annual Maintenance Contract, After Sales Service).
Company’s Product Wise Revenue Breakup:
Company’s 3D Printers:
Company’s Promoters:
This business was founded by our 1st generation Promoters, Rahul Virendra Chandalia, Saloni Rahul Chandalia, Pradeep Shripal Jain and Swati Pradeep Jain who have been associated with the Company since 2019 and have an experience of around 13 years, 13 years, 20 years and 3 years respectively.
The sector-specific experience and expertise of the promoters has contributed significantly in the growth of the Company. The innovative ideas of and quality delivery by promoters bear testimony to the customer confidence that we have gained for our products.
Recently, Company was aired at the live TV Show Shark Tank Season 2 which gathered recognition and awareness of the products and its application.
Company’s Operations:
Company has 4 branch offices located in Delhi, Hyderabad, Bangalore and Mumbai and 5 franchisee offices located in Pune, Chennai, Coimbatore, Rajkot and Nagarcoil.
Moreover, Company has successfully built a 3D Printing Experience Centre at all these locations where anyone can walk in and experience this technology that can be easily used in everyday lives and in all industries.
This facility demonstrates that high-end technology can be both simply understood and used in industrial applications and in everyday life.
Company has a manufacturing facility located at Bhiwandi, Maharashtra with the focus on manufacturing of filaments used in 3D Printing solutions. The manufacturing facility is accredited with ISO 9001:2015, ROHS, CE and BIS Certificate.
Company’s Product Distribution:
Company’s products are largely sold through our experience centres or are sold online through e-commerce platforms such as Flipkart India Pvt Ltd, Jiomart, Firstcry, Indiamart, Snapdeal, Moglix and Amazon Seller Services Private Limited or through retail chains outlets like CROMA and Crosswords.
Management Team:
- Mr. Rahul Virendra Chandalia (Designation: Chairman and Managing Director)
- Mr. Saloni Rahul Chandalia (Designation: Whole-Time Director & CFO Chairman and Managing Director)
Objectives of the Issue:
Offer For Sale: (Rs.3.78 cr)
- Company will not receive any proceeds from the Offer for Sale. The Selling Shareholders will be entitled to their respective portion of proceeds of the Offer for Sale.
Fresh Issue: (Rs21.78 cr)
- Repayment in full or in part, of certain of our outstanding borrowings.
- To meet Working Capital requirements.
- General Corporate Purpose.
Fund Utilization:
| Particulars | Amount (Rs. in Crores) |
|---|---|
| Repayment in full or in part, of certain of our outstanding borrowings | 3.0 cr |
Peer Group Comparison:
- There are no listed companies in India that are engaged in a business similar to that of WOL 3D India Ltd accordingly it is not possible to provide an industry comparison in relation to the company.
Positives for the Company:
Established 3D Printing Ecosystem.
- WOL3D is a 3D Printing solutions provider across India. Company offers Hardwares like: 3DPrinters, 3D Scanners, Laser engravers and 3d Pens, Consumables like: 3D Filaments and 3D Resins, Prototyping Services involving development of product prototype and designing and other services like: installation, AMC and After sales services.
- Company is a one stop solution for just everything about 3D Printing technology all under one roof.
- Company’s 3D printing solution caters to a wide range of users and finds its application in various sectors like manufacturing, education, engineering, architecture, interior designing, fashion designing, product designing, medical, dental etc., enabling easier prototyping.
Widespread, well connected distribution network with a presence across multiple cities, retail channels and online ecommerce platforms.
- Company believes that the integration of supply chain and distribution network with manufacturing facility provides us with a competitive advantage over other players in the Indian 3D Printing industry. Over the years company has expanded the operations through our branch offices and franchisee agreements.
- Company’s products are largely sold through our experience centres at these locations or are sold online through e-commerce platforms such as Flipkart India Private Limited, Jiomart, Firstcry, Indiamart, Snapdeal, Moglix and Amazon Seller Services Private Limited, or through retail chains outlets like CROMA and Crossword.
- Company’s products were aired at the live TV Show Shark tank Season 2 which gathered recognition and awareness of our products and its application.
Dedicated after-sales network.
- Company has a dedicated after-sales network for providing excellent customer support and ensuring the success and satisfaction of our 3D printing customers. Company a Customer Support Team addressing troubleshooting, training or installation of 3D printer, scanners or any spares required to be replaced in our products.
- Company’s after sales team includes Engineers who ensure successful for onsite training, installation and working of machine. Company also offers AMC services for Cleaning of machines and maintain requisite spare parts to close any possible wear and tear.
Established filament manufacturing capability for efficient backward integration.
- Company’s manufacturing facility is located at Bhiwandi, Maharashtra. The manufacturing facility is accredited with ISO 9001:2015 for quality management system, ROHS, CE Certificate focused towards manufacturing of 3D Filaments with no jamming, no bubbles, user friendly with various colour pellets.
- As of December 31, 2023 Company’smanufacturing facility has an aggregate production capacity of 144 tonnes per annum to manufacture 3D Filaments.
Financials of the Company:
| (in Crores) | FY 21 | FY 22 | FY 23 | FY 24 |
|---|---|---|---|---|
| Revenue | 16.83 | 20.37 | 23.71 | 40.01 |
| Net Profit | 0.88 | 0.84 | 2.40 | 5.03 |
IPO Details:
| Details | Info |
|---|---|
| Issue Opens on | 23rd September 2024 |
| Issue Closes on | 25th September 2024 |
| Issue Price | Rs.142 – 150 |
| Face Value | Rs.10 |
| Minimum Lot | 1000 Shares |
| Minimum Investment | Rs.1,50,000 |
| Issue Constitutes | 26.41 % |
| Issue Size | Rs.25.56 cr |
| Market Cap | Rs.96.78 cr |
| Listing at | NSE SME |
| Equity Shares Offered (Fresh) | 14,52,000 (Rs.21.78 cr) |
| Equity Shares Offered (OFS) | 2,52,000 (Rs.3.78 cr) |
| Total Equity Shares Offered (Fresh + OFS) | 17,04,000 (Rs.25.56 cr) |
| Equity Shares Prior to the Issue | 50,00,000 |
| Equity Shares after the Issue | 64,52,000 |
IPO Valuation Parameters:
| Earnings Per Share (EPS) | Price To Earnings ratio (PE) | Return on Net Worth (RoNW) | Net Asset Value (NAV) |
|---|---|---|---|
| 10.07 | 14.9 | 47.43% | 7.07 |
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| Should You Subscribe or Not ? (Markets Guruji’s View) |
|---|
| WOL 3D India Ltd specializes in providing advanced 3D printing solutions, facilitating easier prototyping across sectors like manufacturing, education, engineering, architecture, fashion, product design, and healthcare. The company aims to bridge the gap between ideation and manufacturing by offering high-quality, cost-effective 3D printing solutions using cutting-edge technology.
WOL 3D boasts a well-connected distribution network, with a presence in multiple cities, retail outlets, and e-commerce platforms. Its offerings include a broad range of 3D printers such as Desktop, Industrial, Resin, DIY, and Multi-Color 3D printers, catering to various industrial needs. Additionally, the company’s product line features innovative 3D pens, used for creating three-dimensional objects. These pens come in multiple designs, with three patented in 2023, marking a major milestone for the company. 3D printing, a form of additive manufacturing (AM), creates objects layer by layer using computer control, enabling material production with minimal post-processing. WOL 3D’s strong after-sales network and first-mover advantage make it an attractive option for investors looking for long-term growth opportunities. |
Important Dates:
| Finalization of Basis of Allotment | on or Before 26th September 2024 |
| Initiation of Refunds | on or Before 27th September 2024 |
| Credit of Equity Shares: | on or Before 27th September 2024 |
| Listing Date: | on or Before 30th September 2024 |
| Company Contact Info: |
|---|
| WOL 3D India Ltd 18, Ground Floor, Bombay Cotton Mill Estate, Dattaram Lad Marg, Kalachowky, Mumbai, Maharashtra, India, 400033. Tel No: 022 – 23727396 E-mail: investor.relations@wol3d.com Website: www.wol3d.com |
| Registrar to the Issue: |
|---|
| Bigshare Services Private Limited Address: S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East) Mumbai – 400093, India. Telephone: +91 22 6263 8200 Email: ipo@bigshareonline.com Website: www.bigshareonline.com |
