
Emerging SME Services · NSE
Incorporated in October 2009, Delhi-based Wonder Fibromats Limited is engaged in the manufacturing, supplying, and designing of motors, home appliances, energy-efficient fans, and allied equipment. The company produces and supplies products to various well-known brands for distribution under their names. It has an in-house quality management lab and a professional R&D team to meet quality standards and market demands. A client-satisfaction cell, under the supervision of the quality check (QC) department, handles customer feedback and complaints. The core business of Wonder Fibromats involves the production of exhaust, ceiling, pedestal, and brushless DC (BLDC) fans in a range of patterns, colors, and designs. Some of its products meet the quality standards set by the Bureau of Indian Standards. Currently, the company operates a manufacturing facility at Raipur Industrial Area, Uttarakhand, and is in the process of establishing a new plant in Hyderabad with a targeted annual production capacity of 24,00,000 fans.
Price Band
₹89
Issue Size
₹19.79 Cr
Lot Size
1600 shares
GMP
Est. Listing
₹89
at current GMP
Subscribed
—
Open
22 Jul 2019
Close
29 Jul 2019
Allotment
2 Aug 2019
Refund
3 Aug 2019
Demat Credit
4 Aug 2019
Listing
6 Aug 2019
Designated Registrar: Kfin Technologies Limited
Allotment Date
2 Aug 2019
Basis finalization
Refunds Initiate
3 Aug 2019
Mandate release
Demat Credit
4 Aug 2019
Shares in demat
Listing Debut
6 Aug 2019
Trading begins
Wonder Fibromats Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹19.79 Crores. The shares are offered at a price band of ₹89 to ₹89 per equity share on NSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1600 shares (approx. ₹1,42,400 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2019-08-04, while un-allotted funds or UPI block mandates will be released on 2019-08-03.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.