Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
|
|
Newever Trade Wings IPO is a fixed price issue of Rs 6.32 crores.
Newever Trade Wings IPO bidding started from September 30, 2013 and ended on October 3, 2013. The shares got listed on BSE SME on October 17, 2013.
Newever Trade Wings IPO price is ₹10 per share. The minimum lot size for an application is 10000 Shares. The minimum amount of investment required by retail investors is ₹100,000.
Inventure Merchant Banker Services Pvt Ltd is the book running lead manager of the Newever Trade Wings IPO, while Sharepro Services Private Limited is the registrar for the issue.
Refer to Newever Trade Wings IPO RHP for detailed information.
| IPO Date | September 30, 2013 to October 3, 2013 |
| Listing Date | October 17, 2013 |
| Face Value | ₹10 per share |
| Price | ₹10 per share |
| Lot Size | 10000 Shares |
| Total Issue Size | 6,320,000 shares (aggregating up to ₹6.32 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 17,625,200 |
| Share holding post issue | 23,945,200 |
| Market Maker portion | 320,000 shares |
Investors can bid for a minimum of 10000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 10000 | ₹100,000 |
| Retail (Max) | 2 | 20000 | ₹200,000 |
| Lot Size Calculator | |||
The Promoter of the Company is:
1. Dunhil Healthcare Private Limited
| Share Holding Pre Issue | 28.65% |
| Share Holding Post Issue | 21.09% |
Incorporated in 2012, Newever Trade Wings Ltd is currently engaged in the business of trading of iron & steel and other commodities. They are a multiproduct Iron & Steel trading company with a diverse product portfolio. They are also in the process of adding the agri-products, mainly various pulses, maize and barley etc. in their trading products portfolio.
The current portfolio of iron & steel products currently being traded by Company includes the following:
1. GI Wire
2. MS Angle
3. MS Round Cutting
4. Pig Iron
5. Steel Forge Bar
6. TMT Bar
Company's customer base include CMG Ductiles Limited, Ranisati Metal Industries, S.G. Strips Limited and TIF (Castings) Limited.
| KPI | Values |
|---|---|
| RoNW | 0.22% |
The objects of the Issue are:
1. Augmenting long term working capital and
2. Meeting Public Issue Expenses
[Dilip Davda]
Even though issue is at par, considering entry barrier, one should avoid it.
Read detail review...
| Listing Date | October 17, 2013 |
| BSE Script Code | 536644 |
| NSE Symbol | |
| ISIN | INE596O01010 |
| Final Issue Price | ₹10 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE SME |
|---|
| ₹10.00 |
| ₹12.20 |
| ₹12.20 |
| ₹12.80 |
| ₹12.80 |
Newever Trade Wings Ltd
238B, A. J. C. Bose Road,
Unit 4B, Fourth Floor,
Kolkata - 700 020, West Bengal
Phone: +91 33 6501 6503
Email: info@newever.in
Website: http://www.newever.in
Sharepro Services Private Limited
Phone: 9999999999
Email: sme.ipo@shareproservices.com
Website:
SME Company Owners
We could help you get listed on the stock market.
Check our SME IPO Guide 
Newever Trade Wings IPO is a SME IPO of 6,320,000 equity shares of the face value of ₹10 aggregating up to ₹6.32 Crores. The issue is priced at ₹10 per share. The minimum order quantity is 10000 Shares.
The IPO opens on September 30, 2013, and closes on October 3, 2013.
Sharepro Services Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
The Newever Trade Wings IPO opens on September 30, 2013 and closes on October 3, 2013.
Newever Trade Wings IPO lot size is 10000 Shares, and the minimum amount required is ₹100,000.
You can apply in Newever Trade Wings IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Newever Trade Wings IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Newever Trade Wings IPO allotment status.
Useful Articles
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
|
|
RHP
Dilip Davda
SEBI registered Research Analyst
Mumbai
Read my IPO Reviews