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WOL3D IPO

Listed SME NSE SME · Other Industrial Products

Price Band

₹142.0–150.0

Issue Size

₹25.56 Cr

Lot Size

1,000 shares

Min Investment

₹150,000

GMP

Grey Market Premium — the unofficial premium buyers are currently willing to pay over the issue price once this IPO lists. It's an informal market estimate, not guaranteed, and can move daily right up to listing day. Learn more: GMP vs Kostak vs Sauda →

+₹65.0 (43.33%)

Issue Price

₹150.0

Subject to Sauda

A separate grey-market deal made before allotment is known: a buyer agrees to pay you this amount for your IPO application — but only if you actually get allotted shares. No allotment means no payment either way. This is different from "Kostak," a similarly-named rate that's paid regardless of whether the application gets allotted — TopFund shows the Sauda rate because that's what our data source provides. Learn more: GMP vs Kostak vs Sauda →

₹49400

Paid only if allotted

WOL3D IPO AI Summary

  • WOL3D IPO is listed on NSE SME in the Other Industrial Products sector.
  • Price band: ₹142.0–₹150.0 per share, lot size 1,000 shares (min. investment ₹150,000).
  • Subscription window: 23 Sep–25 Sep 2024, listing on 30 Sep 2024.
  • Current GMP is +₹65.0 (43.33%), an estimated listing price of ₹215 — unofficial and can change daily.

WOL3D India Limited offers a range of 3D printing solutions and has shown consistent growth in revenue and profit over recent years. The company plans to use the IPO proceeds for debt repayment, working capital, and general corporate purposes. Investors should carefully consider their risk profile and the company's performance before participating in the IPO.

TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.

WOL3D IPO — Third-Party Research Views

Reviews below reflect analyst calls made before this IPO closed on 25 Sep 2024 — not a current signal.

May Apply 25 Jul

Recommendations are sourced from third-party research firms and are not TopFund's own investment advice.

Important Dates

IPO Open Date
Mon, 23 Sep 2024
IPO Close Date
Wed, 25 Sep 2024
Allotment Date
Thu, 26 Sep 2024
Refund Initiation
Fri, 27 Sep 2024
Credit of Shares
Fri, 27 Sep 2024
Listing Date
Mon, 30 Sep 2024
Listing Price
₹215.0 +43.33%

Subscription Status

Subscription data unavailable

WOL3D IPO Grey Market Premium (GMP) Today

GMP

+₹65.0

GMP %

+43.33%

Est. Listing

₹215.0

Updated: 25 Jul 2026 14:03

About the Company

Incorporated in November 1988, WOL 3D India Limited provides 3D Printing solutions, which enable easier prototyping and finding applications in various sectors, such as manufacturing, education, engineering, architecture, interior design, fashion design, product design, medical, and dental. The product portfolio of the company includes Hardware like: 3D printers, 3D Scanners, Laser Engravers and 3D pens Consumables like 3D Filaments, 3D Resins, 3D Prototyping services and Other services. The company manufactures 3D filaments for additive manufacturing using ABS and PLA plastics. It offers a range of products at various price points and provides prototyping services using FDM, SLA, and SLS technology, including CAD/CAM modeling, reverse engineering, and vacuum casting. The company has four branch offices in Delhi, Hyderabad, Bangalore, and Mumbai and five franchise offices in Pune, Chennai, Coimbatore, Rajkot, and Nagarcoil. The company's manufacturing facility in Bhiwandi, Maharashtra focuses on producing filaments for 3D Printing solutions and holds ISO 9001:2015, ROHS, CE, and BIS Certifications. The company sells its products through e-commerce platforms such as Flipkart India Private Limited, Jiomart, Firstcry, Indiamart, Snapdeal, Moglix, and Amazon Seller Services Private Limited or through retail chain outlets like CROMA and Crosswords. Competitive Strength India-based brand offering 3D printers, scanners, engravers, pens, filaments, resins, and prototyping services. Dedicated after-sales network to provide excellent customer support and ensure the success and satisfaction of our 3D printing customers. Consistent focus on quality Established filament manufacturing capability for efficient backward integration As of August 31, 2024, the company had 77 employees.

Company Financials (₹ Cr)

As of 2024-03-31

Period Ended 31 Mar 2024 31 Mar 2023 31 Mar 2022 31 Mar 2021
Assets 24.56 13.91 10.03 6.72
Total Income 40.01 23.71 20.37 16.84
Profit After Tax 5.03 2.41 0.84 0.88
NET Worth 10.61 5.67 3.26 2.42
Reserves and Surplus 7.61 2.67 2.26 1.42
Total Borrowing 5.73 6.79 5.10 3.37

Key Ratios

EPS

₹10.07

NAV

₹21.22

ROE

61.83%

ROCE

42.50%

RoNW

47.43%

P/B Value

7.07

P/E Ratio

14.9

Market Cap

₹96.78 Cr

PAT Margin

12.71%

Debt/Equity

0.54

Peer Comparison

Company NAV RoNW P/E (x) EPS Basic EPS Diluted
WOL3D India Limited This IPO 21.22 47.43% 31.18 4.81 4.81

Promoters

Rahul Virendra Chandalia, Saloni Rahul Chandalia, Pradeep Shripal Jain and Swati Pradeep Jain

Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Repayment in full or in part, of certain of the outstanding borrowings; 3.00 2 To meet Working Capital requirements 14.50 3 General Corporate Purpose 1.86

IPO Evaluation

Generated 23 Sep 2026

Revenue Trend

Total income grew from ₹16.84 Cr in the year ending 31 Mar 2021 to ₹20.37 Cr by 31 Mar 2022, further increasing to ₹23.71 Cr by 31 Mar 2023, and reaching ₹40.01 Cr by 31 Mar 2024. This shows a consistent upward trend in revenue over the periods analyzed.

Profit Trend

Profit after tax rose from ₹0.88 Cr in the year ending 31 Mar 2021 to ₹0.84 Cr by 31 Mar 2022, then increased to ₹2.41 Cr by 31 Mar 2023, and finally to ₹5.03 Cr by 31 Mar 2024. This indicates a significant growth in profitability over the analyzed periods.

Valuation

WOL3D's implied P/E ratio at the issue price is approximately 14.9, compared to its peer group, which has a P/E ratio of 31.18. This suggests that WOL3D is priced at a lower multiple of earnings compared to its peers.

Grey Market Premium, Explained

The grey market refers to the unofficial trading of IPO shares before they are listed on the stock exchange. The Grey Market Premium (GMP) indicates the expected listing price of the shares based on demand in the grey market. A positive GMP suggests that investors expect the shares to list at a higher price than the issue price.

Who This IPO Suits

Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their overall investment strategy and risk tolerance. It's important to consider the company's fundamentals and market conditions before making a decision.

Who May Want to Wait

Investors who are risk-averse or those who prefer stable, established companies may want to avoid IPOs like this, which can be more volatile and uncertain in the short term.

IPO Timeline, Explained

The IPO opens for subscription on 23 September 2024 and closes on 25 September 2024. Allotment of shares will be finalized by 26 September 2024, with the shares expected to be listed on the stock exchange on 30 September 2024.

Listing Gains — The Risk

Listing-day gains can be unpredictable and depend on market sentiment and demand for the shares. Investors should be aware that while there may be potential for quick profits, there is also a risk of losses if the stock does not perform as expected on its debut.

This evaluation is generated from WOL3D's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.

Frequently Asked Questions

What is WOL3D IPO GMP today?

WOL3D IPO GMP today is +₹65.0 (43.33%), indicating an estimated listing price of ₹215. GMP is an unofficial grey-market indicator and can change daily.

What is the price band of WOL3D IPO?

The price band of WOL3D IPO is ₹142.0–₹150.0 per share.

When does WOL3D IPO open and close?

WOL3D IPO opens on 23 September 2024 and closes on 25 September 2024.

When does WOL3D IPO list on the stock exchange?

WOL3D IPO listed on 30 September 2024 at ₹215.0.

What is the lot size for WOL3D IPO?

The lot size for WOL3D IPO is 1000 shares, requiring a minimum investment of ₹150,000.

What is the lot size for the WOL3D IPO?

The lot size for the WOL3D IPO is 1000 shares.

What is the minimum investment required for this IPO?

The minimum investment required is ₹150,000.

What is the price band for the WOL3D IPO?

The price band for the WOL3D IPO is ₹142 to ₹150.

When does the WOL3D IPO open and close?

The WOL3D IPO opens on 23 September 2024 and closes on 25 September 2024.

What does GMP mean?

GMP stands for Grey Market Premium, which indicates the expected listing price of the shares based on demand in the unofficial market.

Issue Details

Issue Type SME Book Built
Issue Size ₹25.56 Cr
Price Band ₹142.0 – ₹150.0
Issue Price ₹150.0
Lot Size 1,000 shares
Min Investment ₹150,000
Exchange NSE SME
Sector Other Industrial Products
Open Date 23 Sep 2024
Close Date 25 Sep 2024
Allotment 26 Sep 2024
Listing Date 30 Sep 2024

Investor Allocation

QIB (Institutional) 50%
NII / HNI 15%
Retail (RII) 35%

Registrar

Bigshare Services Pvt.Ltd.

Lead Managers / Book Running

Hem Securities Ltd.

IPO Timeline

Open

23 Sep 2024

Close

25 Sep 2024

Allotment

26 Sep 2024

Listing

30 Sep 2024

Community Sentiment

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