Londian Wason New Energy Tech IPO
Londian Wason New Energy Tech Inc. · Electrolytic copper foil for lithium-ion batteries and PCBs
- Issue price
- $22per share
- Issue size
- $94.29M42,85,714 shares
- Face value
- To be announcedper equity share
- Lot size
- To be announcedMin. investment shown once set
Information only, not investment advice. This page provides information compiled from official SEC filings for information purposes only. It is not investment advice or a recommendation to buy or sell any security. IPO investments involve risk, including loss of principal; read the prospectus carefully before investing.
Issue details
- Issue type
- Firm commitment, fresh issue
- Fresh issue
- 42,85,714 shares ($87.69M)
- Offer for sale
- None
- Total issue
- 42,85,714 shares ($94.29M)
- Face value
- —
- Listing at
- NYSE
Source: Final prospectus (Form 424B4) dated 14 Aug 2026Updated
Financials
Consolidated, restated · ₹ crore| Period ended | 31 Dec 202512 months | 31 Dec 202412 months |
|---|---|---|
| Revenue from operations | 1,094.21 | 876.23 |
| Profit after tax | 1.93 | -29.45 |
12 months vs 12 months: revenue +24.9%, profit after tax +106.6%.
Source: Final prospectus (Form 424B4) dated 14 Aug 2026Updated
About the company
The company makes electrolytic copper foil used as a current collector in lithium-ion batteries and as a conductor in printed circuit boards. It operates through subsidiaries in China, with seven manufacturing facilities and customers that include major battery and electronics makers.
- Incorporated
- 2022
- Industry
- Electrolytic copper foil for lithium-ion batteries and PCBs
- Sector
- Metals and Mining
Source: Final prospectus (Form 424B4) dated 14 Aug 2026Updated
Promoters and shareholders
| Name | Before issue | After issue |
|---|---|---|
| Guanran Wang | 54.20% | 51.30% |
| DR Global Holdings Limited | 35.60% | 33.60% |
| Golden Pearl EV Solutions Limited | 18.20% | 17.20% |
| Alexandria III Corp. Limited | 9.60% | 9.10% |
| Jesi Industrial Development (Hong Kong) Limited | 8.20% | 7.70% |
| Advanced New Energy Material Technology Holding Ltd. | 7.70% | 7.30% |
Source: Final prospectus (Form 424B4) dated 14 Aug 2026Updated
Objects of the issue
₹ crore| Purpose | Amount |
|---|---|
| Global production expansion and upgrade, including new facilities, equipment and capacity, possibly via acquisitions | 3.47 |
| Research and development on advanced technologies, manufacturing processes and product portfolio | 3.08 |
| General corporate purposes, including capital needs and talent recruitment and retention | 1.16 |
Source: Final prospectus (Form 424B4) dated 14 Aug 2026Updated
Strengths and risks
Our summary of what the offer document statesSource: Final prospectus (Form 424B4) dated 14 Aug 2026Updated
Contacts
Source: Final prospectus (Form 424B4) dated 14 Aug 2026Updated
After listing
Listing price, day-one high and low, and the change from the issue price ($22) appear here after the shares list on NYSE.
Work out the gain or loss on allotted shares after charges →
Frequently asked questions
What is the Londian Wason New Energy Tech IPO price band?
The final issue price is $22 per share.
Where will Londian Wason New Energy Tech shares list?
On NYSE.
How will the money raised be used?
$34.7M for , $30.8M for , $11.6M for .
Spotted something wrong?
Our data comes from official offer documents, but mistakes can slip through. Report an error and tell us which figure looks wrong and where you saw the correct one (the offer-document page number helps). For anything else, see Contact.