Excellent Wires and Packaging Limited

About the company

## **About Excellent Wires and Packaging Limited** Excellent Wires and Packaging Limited, originally established as Perfect Wire Industries in April 2012, has emerged as a distinguished manufacturer specializing in a wide range of wire products. With an extensive portfolio that includes Spring Steel Wire, High Carbon Wire, Galvanised Wire, and many others, the company has built a reputation for delivering high-quality wire solutions under the brand name "Excellent." In March 2021, the firm transitioned into a corporate entity, streamlining its operations and enhancing its ability to cater to diverse industries such as packaging, engineering, stationery, and imitation jewelry. The company’s commitment to quality is evident in its rigorous testing procedures at every stage of production, ensuring that products meet stringent standards. **Operational Excellence** To optimize its operations, Excellent Wires and Packaging Limited strategically relocated its production facilities. Initially leasing a property in Panvel with an installed capacity of 360 MTPA to expand into brass wire production, the company faced operational challenges managing multiple sites. Consequently, the firm vacated the Panvel property in April 2024 and moved to a new, more cost-effective location adjacent to its original unit in Palghar. This relocation not only reduced rental expenses but also allowed for more streamlined operations and continued growth in the company’s product lines. **Quality Assurance** Quality assurance is a cornerstone of Excellent Wires and Packaging Limited’s manufacturing process. From the careful selection of raw materials to the final packing and dispatch of products, the company maintains stringent quality control measures. Raw materials undergo comprehensive testing both in-house and through NABL accredited external labs to ensure adherence to specified standards. Throughout the manufacturing process, regular in-house tests and batch-based evaluations are conducted to uphold product excellence. This meticulous approach guarantees that every product delivered to customers meets the highest quality standards. **Product Range** Excellent Wires and Packaging Limited offers a broad spectrum of products across three main categories: Brass Wires & Products, Steel Wires & Products, and Packaging Products. This diverse product range caters to various industry needs, from engineering and packaging to stationery and imitation jewelry. The company’s dedication to innovation and quality ensures that its products not only meet but exceed customer expectations, positioning Excellent Wires and Packaging Limited as a leading player in the wire manufacturing and packaging sector. Excellent Wires and Packaging Limited prepares for its Initial Public Offering (IPO), the proceeds from the Fresh Issue will be allocated towards critical objectives: 1. Acquisition of Land and construction of Building. 1. Acquisition of Plant & Machineries. 1. Funding additional Working capital requirements. 1. General Corporate Purposes.

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   11 Sept 2024

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   13 Sept 2024

   Last day to place your bid

3. Basis of Allotment

   Completed
   13 Sept 2024

   Share allotment finalised

4. Refund Initiation

   Completed
   17 Sept 2024

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   16 Sept 2024

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   19 Sept 2024

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.