Newever Trade Wings Ltd IPO

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Public issue of 63,20,000 equity shares of face value of Rs. 10 each (Equity Shares) of Newever Trade Wings Limited (The Company or The Issuer) for cash at par, aggregating Rs. 6.32 crores (The issue), of which 3,20,000 equity shares of Rs. 10 each will be reserved for subscription by the market makers to the issue (the market maker reservation portion). The issue less market maker reservattion portion i.e. issue of 60,00,000 equity shares of Rs. 10 each for cash at par aggregating Rs. 6.00 crores is hereinafter refered to as the Net Issue. The issue and the net issue will constitute 26.39% and 25.06% respectively of the fully diluted post issue paid up equity share capital of the company. The face value of the equity shares is Rs. 10 each and the issue price of Rs. 10 is 1 time of the face value.

Newever Trade Wings Ltd IPO Subscription Details


Newever Trade Wings Ltd

Issue Type

Fixed Price - SME

Open Date

30 Sep

Close Date

03 Oct

Offer Price


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How to apply IPO on 5paisa app?

  • Login to your 5paisa Mobile Trading App and select the issue in the current IPO section
  • Enter the number of lots and price at which you wish to apply for
  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
  • You will receive a notification to block funds in your UPI app
  • Approve the block request

Newever Trade Wings Ltd IPO Frequently Asked Questions

Stove Kraft Ltd, kitchen appliances manufacturer is coming up with its Initial public Offerings on January 25 with the public issue comprising a fresh issue size of ₹412.63Cr.

You can apply for the Stove Kraft IPO using any supported UPI apps. To Apply on 5paisa App follow the procedure mentioned above. For further details Click Here.

Stove Kraft IPO will open on January 25, 2021.

Stove Kraft IPO Lot size is 38 equity shares, that means you can apply for one lot consisting 38 equity shares.

Shares of Stove Kraft will be getting allotted on 02nd February,2021.

Stove Kraft Shares will be getting listed on 05 February, 2021.

Here is the minimum investment calculation of Stove Kraft IPO
Lot size – 38 * Issue Price ₹385 = ₹14,630
Hence the minimum investment amount required to invest in Stove Kraft IPO is ₹14,630. As per the maximum limit that is allowed by SEBI you can apply for 13 lots.

No, one bank account one IPO application is allowed.

Cut off Price for Stove Kraft IPO is ₹14,630

Read more IPO FAQs

Contact Details of Newever Trade Wings Ltd IPO

Company Contact Information

Newever Trade Wings Ltd IPO
238B AJC Bose Road,
Unit 4B Fourth Floor,
Kolkata, West Bengal 700020.

Phone: 91-33-65016503
Email: info@newever.in/investors@newever.in

Newever Trade Wings Ltd IPO Register

Sharepro Services India P Ltd

Newever Trade Wings Ltd IPO Lead Manager(s)

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