Incorporated in 1989, Geekay Wires Limited is engaged in manufactures and supplies of galvanized steel wires and wire products in India.
Geekay Wires is an ISO 9001: 2008 certified company who manufacturer, exporter and supplier of the superlative wires and cables, like galvanized wire, earth wire, stay wire, ACSR steel core, cable armored wire, guy strand, barbed wire, spring steel wire, patented wire, detonator wire, and spring steel wire etc and other wire products comprising barbed, hairclip, steel wool, umbrella rib, nail, stitching, patented, poultry, electrode, fan wires, etc.
They serves various clients in the government and private sectors comprising power, construction, automobile, general engineering, and domestic sectors. The company also exports its products.
The promoters of the company are:
1. Mr. Ghanshyam Dass
2. Mr. Ashish Kandoi
3. Mr. Anuj Kandoi and
4. Kandoi Industries India Private Limited
The object of the issue are:
1. Long term working capital requirement;
2. General Corporate Purposes, and
3. Issue related expenses
»» Issue Open: Aug 9, 2017 - Aug 14, 2017
»» Issue Type: Fixed Price Issue IPO
»» Issue Size: 3,332,000 Equity Shares of Rs 10 aggregating up to Rs 11.00 Cr
»» Face Value: Rs 10 Per Equity Share
»» Issue Price: Rs 33 Per Equity Share
»» Market Lot: 4000 Shares
»» Minimum Order Quantity: 4000 Shares
»» Listing At: NSE SME
Geekay Wires IPO Subscription Status tells if Geekay Wires IPO subscribed or not. Investors can bid for IPO shares between 10 AM to 5 PM when public issue is open. Geekay Wires IPO oversubscribed if bids are received for more shares than what is offered by the company.
|Number of Bids Received|
|As on Date & Time||QIB||NII||RII||Total|
|Shares Offered / Reserved||0||1,666,000||1,666,000||3,332,000|
|Day 1 - Aug 9, 2017 17:00 IST||172,000||788,000||76,000||1,036,000|
|Day 2 - Aug 10, 2017 17:00 IST||172,000||1,280,000||264,000||1,716,000|
|Day 3 - Aug 11, 2017 17:00 IST||264,000||2,904,000||576,000||3,744,000|
|Day 4 - Aug 14, 2017 17:00 IST||280,000||3,040,000||1,176,000||4,496,000|
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