WOL 3D IPO

WOL 3D India Ltd

₹1,42,000 /1000 sharesMinimum Investment

WOL 3D IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
--₹150.00₹180.05₹30.05 (20.03%)

WOL 3D IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
23 Sep ‘24 - 25 Sep ‘24₹1,42,0001,000₹142 - ₹150
Issue SizeIPO Doc
25.56Cr
RHP PDF

Subscription rate

As of 25 Sep'24, 04:00 PM
Qualified Institutional Buyers0.00x
Non-Institutional Investor0.00x
Retail Individual Investor0.00x
Total329.29x

About WOL 3D

WOL3D is a 3D printing solutions provider. The company caters to sectors such as manufacturing, education, engineering, architecture, interior and fashion design, medical and dental fields, etc. The company’s product line consists of 3D printers, 3D scanners, laser engravers, 3D pens, and 3D resins. The company also produces 3D filaments made from thermoplastic materials such as acrylonitrile butadiene styrene (ABS) and polylactic acid (PLA).;
Founded in
1988
Managing director
Mr. Rahul Virendra Chandalia
Parent organisation
WOL 3D India Ltd

Strengths & Financials of WOL 3D

Strengths
Risks
WOL3D offers a variety of prototyping services utilising fused deposition modelling (FDM), stereolithography (SLA), and selective laser sintering (SLS) technologies. The company’s prototyping services are supported by CAD/CAM modelling, reverse engineering, and vacuum casting techniques.
The company has established a 3D printing experience centre, which provides the public with the facility to explore and understand the practical uses of 3D printing technology in daily life and various industries.
The company’s manufacturing facility is ISO 9001:2015 certified for quality management systems. The unit holds the ROHS, CE, and BIS certifications too.
As of December 31, 2023, WOL3D's manufacturing facility had an annual production capacity of 144 tonnes of 3D filaments.
The company has seen a consistent increase in revenue from operations over the past few years. Revenue from operations increased from Rs 16.34 crore in FY21 to Rs 19.69 crore in FY22 to Rs 23.31 crore in FY23.
WOL3D may encounter challenges related to product defects and liability issues, which could potentially harm its business operations and negatively impact its financial outcomes.
WOL3D serves as the authorised distributor in India for several international 3D printer brands, such as Flashforge Corporation, Creality, Bambu Lab, Phrozen Tech Co Ltd, and Elegoo. But such authorisations are valid for short durations. Any termination of these authorisations or the non-renewal of these agreements under favorable conditions could adversely affect the company's operations.
A major portion of WOL3D's raw material and other components required for manufacturing and assembly line processes are imported. During the periods ending December 31, 2023, and FY23, FY22, and FY21, imports constituted 84.76%, 91.03%, 92.34%, and 80.96% of total purchases, respectively. Any adverse changes in the imports, such as sudden restrictions or an increase in shipping costs, can disrupt the company’s manufacturing capabilities and harm its operations.
WOL3D’s revenue relies on its partnerships with online marketplaces. The e-commerce platforms contributed 19.63%, 24.10%, 29.93%, and 6.33% in the periods ending December 31, 2023, FY23, FY22, and FY21, respectively, to the revenue from operations. Any disruption in these relationships, delays in payments, or distribution conflicts can be detrimental to the company's business and financial standing.
The company's revenue depends majorly on a few customers. These key customers contributed 48.41%, 55.07%, 57.19%, and 59.54% during the period ending September 30, 2023, FY23, FY22, and FY21, respectively, to the revenue from operations. Any loss of such major customers or a decrease in demand from them can negatively affect the company’s operations and finances.
The company and its directors are currently involved in several legal proceedings. Any adverse judgment in any of these cases can be detrimental to the company’s business prospects.
As of December 31, 2023, WOL3D had total indebtedness of Rs 6.16 crore. Any inability to service or repay these loans can adversely affect the company’s financial standing.

WOL 3D Financials

*All values are in Rs. Cr
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Application Details of WOL 3D IPO

Apply asPrice bandApply upto
Regular142 - 150₹2 - 5 Lakh
High Networth Individual142 - 150₹2 - 5 Lakh
For WOL 3D IPO, eligible investors can apply as Regular.