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TCS, HDFCBANK, SBI Liquid Fund (G)
WOL 3D India Ltd.

WOL3D

Equity

NSE

Min. Investment

1,42,000.00

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IPO Details

Bidding Dates

23 Sept 24 - 25 Sept 24

Price Range ₹

142 - 150

Total Equity

25.56Cr

Lot Size

1000

Exchange Status

NSE

IPO Doc

Subscription Rate

Non-Institutional Investor

0.00×

Qualified Institutional Buyers

0.00×

Employees

0.00×

Retail Investors

0.00×

Total subscription Rate

0.00×

IPO Timeline

Offer start

23 Sept 2024

Offer end

25 Sept 2024

Allotment

26 Sept 2024

Refund initiation

27 Sept 2024

Demat transfer

27 Sept 2024

Listing

30 Sept 2024

About Company

Established in November 1988, WOL 3D India Limited specializes in providing comprehensive 3D printing solutions, catering to diverse sectors including manufacturing, education, engineering, architecture, interior design, fashion design, product design, as well as the medical and dental industries. The company's product range includes: - Hardware: 3D printers, 3D scanners, laser engravers, and 3D pens - Consumables: 3D filaments and resins - Services: 3D prototyping, CAD/CAM modeling, reverse engineering, and vacuum casting WOL 3D manufactures 3D filaments for additive manufacturing using ABS and PLA plastics, offering products at various price points. Its prototyping services utilize advanced technologies such as FDM, SLA, and SLS. The company operates four branch offices in Delhi, Hyderabad, Bangalore, and Mumbai, along with five franchise offices in Pune, Chennai, Coimbatore, Rajkot, and Nagercoil. WOL 3D’s manufacturing facility in Bhiwandi, Maharashtra focuses on producing filaments and is accredited with ISO 9001:2015, ROHS, CE, and BIS certifications. Products are sold through e-commerce platforms like Flipkart, Jiomart, Firstcry, Indiamart, Snapdeal, Moglix, and Amazon, as well as through retail outlets such as CROMA and Crosswords. Competitive Strengths: 1. India-based brand offering a wide range of 3D printing solutions, including printers, scanners, engravers, pens, filaments, resins, and prototyping services. 2. A robust after-sales network providing dedicated customer support for enhanced satisfaction and success in 3D printing. 3. Strong emphasis on maintaining high product quality. 4. Established in-house filament manufacturing capability, ensuring effective backward integration. 5. As of August 31, 2024, the company employed 77 individuals.

Year Founded

01-11-1988

Promotor Details

Rahul Virendra Chandalia

Promoter Holdings Details

ParticularPre-IPOPost-IPO
Percentage89.530
Share Capital44766304224630

Offer to Public

17,04,000.00 Cr

Project Details

  • Repayment in full or in part, of certain of our outstanding borrowings - 30cr

Objectives

  • Repayment in full or in part, of certain of our outstanding borrowings
  • To meet Working Capital requirementsGeneral Corporate Purpose

Highlights

  • A well-rounded, comprehensive 3D printing ecosystem with products and services that meet diverse industry needs.
  • A strong and widespread distribution network that covers multiple cities, retail channels, and e-commerce platforms, ensuring wide market reach.
  • A dedicated after-sales network that ensures superior customer service and long-term customer satisfaction.
  • Established filament manufacturing capabilities that provide efficient backward integration, enhancing control over production and cost.
  • Continuous focus on product quality, with plans for geographical expansion, increased branding efforts, and scaling of operations through additional investment in facilities and machinery.

Challenges

  • The company's future growth is tied to its ability to successfully promote and protect its brand. Failure to do so or damage to its reputation could significantly hinder growth prospects.
  • Issues related to product defects or liability claims could harm the company's reputation and negatively impact its business operations and financial performance.
  • The company’s failure to keep up with industry trends, partner with new brands, or launch well-received products and technologies in a timely manner could result in a material decline in operating results.
  • Reliance on imported hardware and raw materials, coupled with the risk of supply shortages, price fluctuations, and shipping cost increases, poses significant threats to the company’s supply chain and operational stability.
  • The company's heavy dependence on key customers and online marketplaces means that the loss of key relationships or disruptions to these channels could severely impact its profitability and business operations.

Financials

YearsTotal AssetsShare CapitalProfit After TaxConsolidated Net ProfitAdjusted EPS
2021670.95100.00503.30503.3010.0459
2022999.30100.00240.56240.564.8016
20231,387.23300.00240.56240.564.8016
20242,450.03300.0088.0388.031.7571
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