CWD IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents
GMP
Subscription Status
Allotment Status
- About CWD
- Important Details – CWD
- Objects of the Issue
- CWD Limited Financials:
- CWD IPO Price – Details
- CWD IPO DRHP & RHP
- CWD IPO Lot Size
- CWD IPO Lead Managers
- CWD Registrar
- CWD IPO Allotment Date, Listing Date and other Important Dates
- Company Peers – Comparison of Accounting Ratios
- Company Registered Office
- Company Promoters
- CWD IPO – FAQS
About CWD
CWD stands for Connected Wireless Devices. The company is an Information and Communication Technology (ICT) based company that designs, develops, manufactures, and sells integrated solutions combining the power of software and electronics. All products that are designed and developed in the company are focused on wireless technologies either on short range radio technology like NFC, Bluetooth BLE, WiFi, Zigbee; mid range systems like LORA or long-range communication systems like 5G LTE, NB-IOT, LTE CAT M1 etc
CWD operates mainly through the segments of Consumer Electronics and Design and Development of Technology Solutions for various Enterprises and Businesses. The diversified product portfolio includes Smart Medical Consumer Electronics, Products for Vaccine Tracking and Delivery, Tracking devices for Farm Cattle that monitor both movement and health, Electronics for converting Electric Power meter into a Smart Power meter, Employee Safety and Identity Solutions, Electronics that once embedded provide Smart Lighting capabilities to enterprises and consumers reducing their costs, Bluetooth Low Energy Modules that can be used across various white goods and projects etc. The comprehensive suite of innovative technology allows us to attract new customers and expand existing customer relationships
Important Details – CWD
| Date | Details |
|---|---|
| May 30, 2016 | The company was incorporated as “CWD Innovation Private Limited” Mumbai |
| January 30, 2021 | The status of the company was changed to public limited and the name of the company was changed to “CWD Innovation Limited” |
Objects of the Issue
- Security Deposit towards acquisition of Registered Office on a long term lease basis
- Funding Working Capital requirements
- Funding expenditure for General Corporate Purposes
CWD Limited Financials:
Summary of financial Information (Restated Consolidated Statement)
| Particulars | For the year ended (₹ in Lakhs) | |
| 31-Mar-21 | 31-Mar-20 | |
| Total Assets | 775.55 | 422.78 |
| Total income | 341.21 | 302.96 |
| Total Expenses | 256.60 | 251.82 |
| Profit After Tax | 141.67 | 51.44 |
CWD IPO Price – Details
| Details | CWD IPO Details |
|---|---|
| Public Issue | Initial Public Offer of up to 10,00,800 Equity Shares of ₹ 10 (aggregating up to ₹ 18.01 crores) |
| Issue Open Date | 30-Sep-21 |
| Issue Close Date | 05-Oct-21 |
| Issue Type | Fixed Price |
| IPO Price Band | ₹ 180 |
| Face Value | ₹ 10 |
| Market Lot | 600 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 600 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | BSE SME |
| NSE Symbol | CWD |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
CWD IPO DRHP & RHP
- CWD IPO DRHP
- CWD IPO RHP
CWD IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 600 | ₹ 1,08,000 |
| Maximum | 1 | 600 | ₹ 1,08,000 |
CWD IPO Lead Managers
- Aryaman Financial Services Limited
CWD Registrar
CWD IPO Allotment Date, Listing Date and other Important Dates
| Details | Date |
|---|---|
| Bid / Offer Opens on | 30-Sep-21 |
| Bid / Offer Closes on | 05-Oct-21 |
| Finalisation of Basis of Allotment | 08-Oct-21 |
| Initiation of refunds | 11-Oct-21 |
| Credit of the Equity Shares | 12-Oct-21 |
| Commencement of trading – Listing | 13-Oct-21 |
Company Peers – Comparison of Accounting Ratios
CWD believe that there is no other listed company which is specifically comparable to us w.r.t. the business model, size, and financials.
Company Registered Office
101, 1st Floor, Plot No. 439,
Hasham Premji Building,
Kalbadevi Road,
Mumbai – 400 002
Website: www.cwdin.com
Company Promoters
- Mr. S. Siddhartha Xavier and
- Mr. Tejas Kothari
CWD IPO – FAQS
What is the CWD IPO Price?
The CWD IPO price band is 180 per share
When CWD IPO will open?
The CWD IPO opens on Sep 30, 2021 and closes on Oct 05, 2021
What is the lot size of CWD IPO?
The CWD IPO lot size is 600 Equity Shares and the minimum order quantity is 600 Equity Shares
Who is the Registrar for CWD IPO?
The Registrar for CWD IPO is KFin Technologies Private Limited
How to apply in CWD IPO through UPI?
Check the step by step process here – Click here
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