Wardwizard Innovations & Mobility Ltd Right Issue

₹48.75 Cr BSE 26 Sep 2025 – 24 Oct 2025

Closed Ratio: 17 : 100 BSE
HomeRight Issue › Wardwizard Innovations & Mobility Ltd
← Back to List
Issue Price
₹11.00
Face Value
₹1.00
Issue Size (Shares)
44,317,963
Issue Size (₹ Cr.)
₹48.75
📅 Right Issue Timetable
Last Date to Buy SharesThu, Sep 18, 2025
Record DateFri, Sep 19, 2025
Credit of Rights EntitlementsThu, Sep 25, 2025
Bid/Offer Opens OnFri, Sep 26, 2025
Issue Open DateFri, Sep 26, 2025
Renunciation Last DateWed, Oct 1, 2025
Bid/Offer Closes OnFri, Oct 24, 2025
Issue Close DateFri, Oct 24, 2025
Deemed Date of Allotment
Credit Date
Listing Date
📋 Right Issue Details
Issue Size (Shares)44,317,963
Issue Size (Amount)₹48.75 Cr.
Issue Price₹11.00 per share
Face Value₹1.00 per share
Entitlement Ratio17 : 100
Listing AtBSE
Terms of PaymentFull Payment will be payable at the time of application.
📊 Company Financials (Restated)
Period Ended2025-03-312024-03-31FY I
Income305.35321.63
EBITDA
Net Worth
Reserves & Surplus

Amount in ₹ Crore

🎯 Objects of the Issue
#ObjectEst. Amount (₹ Cr.)
1For Working Capital Purposes; and
🏢 About the Company
Wardwizard Innovations & Mobility Limited, under the visionary leadership of Mr. Yatin Gupte, has emerged as one of India’s leading players in the electric vehicle (EV) sector. The Company is committed to revolutionizing sustainable mobility through innovative, affordable, and reliable electric two-wheelers and three-wheelers designed specifically for Indian roads and conditions.

The Company operates state-of-the-art manufacturing facilities in Vadodara, Gujarat, spanning 1,10,000 sq. ft., with a combined annual production capacity of up to 1.2 lakh units in a single shift, scalable to 3–4 lakh units per year with multiple shifts. Expanding its footprint, Wardwizard commissioned a new assembly line in March 2024 at Deoghar, Jharkhand, spread over 15,000 sq. ft., capable of producing 20,000 units annually to cater to regional demand across Jharkhand, Bihar, Uttar Pradesh, West Bengal, Odisha, and the North East, with planned exports to Nepal.

Wardwizard’s product portfolio includes a wide range of electric two-wheelers and three-wheelers that balance affordability, performance, design, and utility. The two-wheeler range, equipped with features such as anti-theft technology and reverse mode, serves diverse age groups from teenagers to senior citizens. Its three-wheeler lineup includes the E-Rik for affordable commuting, the E-Cart Garbage Container designed for municipal and environmental applications, and the E-Loader for efficient goods transport.

With a strong emphasis on after-sales service and customer support, Wardwizard not only delivers quality products but also ensures long-term satisfaction and loyalty. Through continuous innovation, strategic expansion, and customer-centric solutions, the Company is playing a pivotal role in driving India’s EV adoption and sustainable mobility future.
📞 Company Contact
CompanyWardwizard Innovations & Mobility Ltd
AddressOffice No. 4604, 46th Floor, Kohinoor Square
Kelkar Marg, Shivaji Park, Dadar (West),
Nr. R.G Gadkari chowk, Shivaji Park
Mumbai, 400028
Phone916358849385
WebsiteVisit ↗
📝 Registrar
NamePurva Sharegistry (India) Pvt.Ltd
Phone022-41343255
Emailnewissue@purvashare.com
WebsiteVisit ↗