WOL 3D India Ltd Company Summary

WOL 3D India Limited was originally incorporated as a Private Company as Parekh Polyster Private Limited on November 01, 1988. The name of the Company was changed from Parekh Polyster Private Limited to Wol 3D India Private Limited on June 20, 2018. Accordingly, the status of Company was changed into Public Limited Company to WOL 3D India Limited vide Fresh Certificate of Incorporation dated January 02, 2023, issued by Registrar of Companies, Mumbai.The Company is engaged in the business of providing 3D Printing solutions enabling easier prototyping finding its application in various sectors like manufacturing, education, engineering, architecture, interior designing, fashion designing, product designing, medical, dental etc.

The Company product portfolio comprise of Desktop 3D Printer, Industrial 3D Printer, Resin 3D Printer, DIY 3D Printer, Multi Color 3D Printer, etc. 3D Printing is used for additive manufacturing (AM) which is a computer-controlled process that creates three dimensional objects by depositing materials, usually in layers. Expanding operations towards back integration, the Company manufacture thermoplastic filaments used in 3D printers made from Acrylonitrile Butadiene Styrene (ABS) and Polylactic Acid (PLA) plastic.This business was founded by the first-generation Promoters, Rahul Virendra Chandalia and Pradeep Shripal Jain, along with their spouse, who have been associated with the Company since 2019 and have wide experience.

The Company ventured into the innovative business of 3D Printing Solutions by launching products since 2019. It set up 3D Filament manufacturing plant in 2020. It also launched itouch brands like 3D Pen, Ganesha 3D Pen in 2020; launched Hismart Brand - 3D Printer in 2021.

It opened 1st sustainable 3D Printing Experience centre in Mumbai during the year 2021.The Company provide Prototyping services using FDM, SLA and SLS technology. Its prototyping solutions include services through (i) CAD/CAMmodel, (ii) Reverse Engineering and (iii) Vacuum casting. It has a manufacturing facility located at Bhiwandi, Maharashtra, with the focus on manufacturing of filaments used in 3D Printing solutions.The Company came out with an Initial Public Offer aggregating 17,04,000 Equity Shares by raising funds aggregating to Rs 25.56 crores, comprising a fresh issue of 14,52,000 equity shares aggregating to Rs 21.78 crore and the offer for sale of 2,52,000 equity shares aggregating to Rs 3.78 crore on 25 September, 2024.