CWD Limited IPO
i. 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.
ii. 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.
iii. They are fully integrated end-to-end integrated solution provider and original equipment manufacturers (“OEMs”) with capabilities ranging from global sourcing, manufacturing, quality testing, packaging, and logistics.
Objects of the CWD Limited IPO:
CWD Limited IPO Details:
|Open Date:||Sep 30 2021|
|Close Date:||Oct 05 2021|
|Face Value:||₹ 10 Per Equity Share|
|Issue Type:||Fixed Price Issue|
|Issue Size:||18.01 Cr.|
|Lot Size:||600 Shares|
|Issue Price:||₹ 180 Per Equity Share|
|Listing At:||BSE SME|
Promoters And Management:
Financials of CWD Limited IPO:
|Particulars (in Lakhs)||Mar 21||Mar 20|
|Revenue from operations||338.63||301.91|
|Purchase of stock||232.52||95.66|
|Changes in inventories||-109.31||-3.87|
|Employee Benifit Expense||34.15||31.71|
|Depreciation and amortization||18.89||8|
|Profit before tax||84.62||51.14|
|Profit for the year||141.67||51.44|