The WOL 3D IPO is a book-built issue valued at ₹25.56 crores, comprising a fresh issue of 14.52 lakh shares amounting to ₹21.78 crores and an offer for sale of 2.52 lakh shares aggregating to ₹3.78 crores.
The subscription for the WOL 3D IPO opens on September 23, 2024, and closes on September 25, 2024. The allotment is expected to be finalized on Thursday, September 26, 2024, with the IPO scheduled to list on the NSE SME on Monday, September 30, 2024.
WOL 3D operates in the 3D printing sector. They provide a wide range of 3D printing solutions, including 3D printers, scanners, laser engravers, 3D pens, and resins. Their services cater to various industries such as manufacturing, education, engineering, architecture, interior and fashion design, as well as the medical and dental fields.
The WOL 3D IPO price band is set at ₹142 to ₹150 per share. The minimum lot size for retail investors is 1,000 shares, requiring an investment of ₹150,000. High Net Worth Individuals (HNIs) need to invest in a minimum of 2 lots, totaling 2,000 shares, or ₹300,000.
Hem Securities Limited is the book-running lead manager for the WOL 3D IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. Hem Finlease is the market maker for the IPO.
WOL 3D IPO Details:
| Company Name | WOL 3D Limited |
| Sector | 3D Printing |
| IPO Type | SME |
| IPO Open date | 23rd Sep 2024 |
| IPO Close date | 25th Sep 2024 |
| OFS | |
| Listing Exchanges | NSE |
| Share Holding Pre-issue | |
| DRHP Draft Prospectus | Click to check |
| RHP Draft Prospects | Click to check |
WOL 3D IPO Lot Size:
| Application | Lot Size | Shares | Amount |
| Retail (Min) | 1 | 1000 | 1,50,000 |
| HNI (Min) | 2 | 2000 | 3,00,000 |
WOL 3D IPO Timeline:
| IPO Open Date | 23rd Sep 2024 |
| IPO Close Date | 25th Sep 2024 |
| Basis of Allotment | 26th Sep 2024 |
| Refund Initiation Date | 27th Sep 2024 |
| Shares Credit to Demat | 27th Sep 2024 |
| Listing Date | 30th Sep 2024 |
Things to Consider before applying for an IPO
Financial Performance: Review WOL 3D’s financials to understand its revenue, profitability, and growth prospects.
Industry Outlook: Consider the overall health of India’s 3D Printing Industry.
Valuation: Compare the price band to similar companies in the industry to see if the IPO is priced fairly.
Management Team: Research the experience and capabilities of the management team.
Our Verdict
This IPO offers a good opportunity to invest in WOL 3D and be a part of its growth.
FAQ
What is Grey Market Premium (GMP)?
The Grey Market Premium (GMP) represents the price at which an Initial Public Offering (IPO) is traded in the unregulated grey market before its official listing. It serves as an indicator of how the IPO might perform on the listing day. Seeing the latest GMP, investors can estimate the listing performance of the IPO.
