CWD IPO Details

CWD IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents

GMP

Subscription Status

Allotment Status

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

DateDetails
May 30, 2016The company was incorporated as “CWD Innovation Private Limited” Mumbai
January 30, 2021The 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

DetailsCWD IPO Details
Public IssueInitial Public Offer of up to 10,00,800 Equity Shares of ₹ 10 (aggregating up to ₹ 18.01 crores)
Issue Open  Date30-Sep-21
Issue Close Date05-Oct-21
Issue TypeFixed 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 InvestorRs. 2,00,000
Listing BSE SME
NSE SymbolCWD
IPO Market Timings 10.00 a.m. to 5.00 p.m.

CWD IPO DRHP & RHP

CWD IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum1600₹ 1,08,000
Maximum1600₹ 1,08,000

CWD IPO Lead Managers

  • Aryaman Financial Services Limited

CWD Registrar

CWD IPO Allotment Date, Listing Date and other Important Dates

DetailsDate
Bid / Offer Opens on30-Sep-21
Bid / Offer Closes on05-Oct-21
Finalisation of Basis of Allotment08-Oct-21
Initiation of refunds 11-Oct-21
Credit of the Equity Shares12-Oct-21
Commencement of trading – Listing13-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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