Uravi T and Wedge Lamps Ltd IPO

Uravi T and Wedge Lamps Ltd

Issue Open

Jan 01, 1970

Price Band

₹ 100

Issue Size

₹ 15.00 Cr

Credit of Shares to Demat

-

Issue Close

Jan 01, 1970

Bid Lot

1200

Listing Exchange

NSE SME

Cut off time for UPI Mandate Confirmation

-

Issue Type

Fixed Price Issue IPO

Minimum Order Quantity

1200

Allotment Details

-

Face Value

Rs 10 Per Equity Share

Listing On

Nov 30, -0001

Refunds

-

About the company:

Uravi T and Wedge Lamps Limited, is a Mumbai based company that is engaged in manufacturing and distribution of lamps and other lighting products with focus on automotive lamps and instrument cluster lighting. They manufacture the Wedge based Lamps and Stop and Tail Lamps at both their Manufacturing Units i.e. at Bhiwandi (Maharashtra) and at Kathua (Jammu and Kashmir). Company is also an ISO/TS certified and hold certifications from the Automotive Research Association of India and E-mark for the products manufactured

Date of establishment :  Ridings Consulting Engineers India Limited was incorporated in 1995

Product & Service Offering: Company manufactures and distributes Stop and Tail Lamps /Signal Lamps /Indicator Lamps and Wedge Lamps for Two-wheelers, Four-wheelers, Tractors and Industrial applications

Promoters of Uravi T and Wedge Lamps Limited: Mr. Niraj Gada, Mr. Kaushik Gada, and Mr. Brijesh Aggarwal are the promoter of  Ridings Consulting Engineers India Limited

Customer segment: Major Indian Automobile companies are its target consumer

 

Objects of the Issue: The objects of the Offer is to:-
-     To meet Long-Term Working Capital Requirement
-     To meet General Corporate Purpose 

Company Financials:

 


Particulars

For the year/period ended (in Rs. lakhs)

 

31-Mar-17

31-Mar-16

31-Mar-15

31-Mar-14

31-Mar-13

 

Total Assets

3,047.76

3,312.90

3,297.58

3,196.83

3,047.74

 

Total Revenue

2,916.32

2,959.67

2,735.65

2,584.96

2,328.33

 

Profit After Tax

104.90

93.65

82.55

57.81

72.68

 

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