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Newever Trade Wings IPO is a Fixed Price IPO listing on BSE SME exchange, with an ipo size of ₹ 6.32 Cr. The company is based in Kolkata and caters to Steel - Iron sector. Inventure Merchant Banker Services is the merchant banker of Newever Trade Wings IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 24th August 2013.
Newever Trade Wings IPO open date is 30th September 2013 and close date is 3rd October 2013. IPO Allotment Date is 30th November -0001 and Listing date is 17th October 2013.
IPO
Size:
₹ 6.32 Cr.
Avg IPO Size (Sector Based)
: ₹
36.40 cr.
Sector: Steel - Iron
SME
IPO so far:
9
Merchant Banker:
Inventure Merchant
SME
IPO by BRLM so far:
33
City:
Kolkata
SME
IPO so far:
75
Revenue (annualised):
₹
10.28
cr. 
PE
Ratio:
1000.00x
Average Sector PE Ratio: 17.23x
Newever Trade Wings IPO size is ₹ 6.32 Cr. with IPO price of ₹ 10.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Inventure Merchant Banker Services Private Limited is the book-running lead manager of the Newever Trade Wings IPO. Skyline Financial Services Private Limited is the Registrar and Market Maker is Bindal Equities Limited for Newever Trade Wings IPO.
Newever Trade Wings IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Newever Trade Wings IPO, based in Kolkata, operates in the Steel - Iron sector with a focus on business of trading of iron & steel and other commodities. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Newever Trade Wings IPO size is ₹ 6.32 Cr. with fresh issue size of ₹ 6 and Offer for sale being ₹ Nil
The IPO allotment date for Newever Trade Wings IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check Newever Trade Wings IPO allotment status on the registrars website, Skyline Financial Services Private Limited . Newever Trade Wings IPO refund dates are 30th November -0001.
Newever Trade Wings IPO is expected to be listed on 17th October 2013.
The upper price band for the Newever Trade Wings IPO is set at ₹ 10.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Newever Trade Wings IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Newever Trade Wings IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 3rd October 2013. After submission, funds are blocked until the basis of allotment of Newever Trade Wings IPO is finalised.
The merchant banker for Newever Trade Wings IPO is Inventure Merchant Banker Services Private Limited . Inventure Merchant Banker Services Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Newever Trade Wings IPO RHP for further details.
The registrar for Newever Trade Wings IPO is Skyline Financial Services Private Limited . Investors can go to Skyline Financial Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Newever Trade Wings IPO through their official website or helpline.
Newever Trade Wings IPO was subscribed 0.00 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 6.32 Cr.
Avg IPO Size (Sector Based)
:
₹ 36.40 Cr.
Sector: Steel - Iron
SME
IPO so far:
9
Merchant Banker:
Inventure Merchant
SME
IPO by BRLM so far:
33
City:
Kolkata
SME
IPO so far:
75
Revenue (annualised):
₹ 10.27 cr.
PE
Ratio:
1000.00x
Average Sector PE Ratio: 17.23x
Newever Trade Wings IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Newever Trade Wings Financial Review Page
Merchant Banker(s) of Newever Trade Wings IPO: Inventure Merchant Banker Services Private Limited
Newever Trade Wings IPO subscription was 0.00 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Newever Trade Wings IPO listed at a listing price of 12.80 against the offer price of 10.00.
The current market price of Newever Trade Wings is 0.00.
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