Uravi T and Wedge Lamps IPO Price Band, Market Lot, Dates, Allotment & Subscription Details

Table of Contents

Uravi T and Wedge Lamps Ltd incorporated in 2014 based in Mumbai. The company is a manufacturer and distributor of lamps and lightning products which are mostly used in automotive industry and instrument cluster lighting as well. The company also entered in Philippines with the co-operation agreement with company Global Lighting Phils. Inc for development of LED lighting products. The company has brand name UVAL. They have their operations in Navi Mumbai and recently aquired factory on a long lease in Jammu and Kashmir. Uravi T and Wedge Lamps ipo is starting from 16 March and ends on 20 March. The price band is around Rs.100 with 1200 market lot. The ipo size is around 15.00 crore rupees.

IPO Review:

  • Risky

Uravi T and Wedge Lamps IPO Dates & Price Band:

  • IPO Open: 16 March 2018
  • IPO Close: 20 March 2018
  • IPO Size: Approx Rs 15.00 Crore
  • Face Value: Rs.10 Per Equity Share
  • Price Band: Rs.100 Per Equity Share
  • Listing on: NSE SME
  • Shares: 1,500,000
  • Retail Portion: 50%

IPO Market Lot:

  • Shares: Apply for 1,200 Shares (Minimum Lot Size)
  • Amount: Rs.1,20,000

Financial Results:

Rs. in Crore

Grey Market Premium:

  • The grey market is around Rs.N/A Subject to Sauda.

Uravi T and Wedge Lamps IPO Subscription Status:

  • IPO Subscribed 1.14 times overall

Uravi T and Wedge Lamps IPO Allotment Status:

Company Promoters:

  • Mr. Niraj Gada
  • Mr. Kaushik Gada
  • Mr. Brijesh Aggarwal

Quick Links:
Draft Red Herring Prospectus
Red Herring Prospectus

IPO Registrar:
Bigshare Services Pvt. Ltd
Phone: 91-22-40430200
Fax: 91-22-2847 5207
Email: [email protected]
Website: http://www.bigshareonline.com

IPO Lead Managers:

  • Aryaman Financial Services limited

Company Address:
Uravi T and Wedge Lamps Ltd
Shop No. LG-20
Lower Ground, Avior, Nirmal Galaxy
L.B.S. Marg, Mulund West, Mumbai- 400 080
Phone: +91 – 22 – 2565 1355
Fax: +91 – 22 – 2565 1355
Email: [email protected]
Website: http://www.uravilamps.com

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