|
|
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
| IPO Opening Date | Aug 9, 2017 |
| IPO Closing Date | Aug 14, 2017 |
| Issue Type | Fixed Price Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹33 per equity share |
| Market Lot | 4000 Shares |
| Min Order Quantity | 4000 Shares |
| Listing At | NSE SME |
| Issue Size | 3,332,000 Eq Shares of ₹10 (aggregating up to ₹11.00 Cr) |
The Geekay Wires IPO market lot size is 4000 shares. A retail-individual investor can apply for up to 1 lots (4000 shares or ₹132,000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 4000 | ₹132,000 |
| Maximum | 1 | 4000 | ₹132,000 |
The Geekay Wires IPO is subscribed times on Aug 14, 2017 17:00. The public issue subscribed in the retail category, in the QIB category, and in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| NII | |
| RII | |
| Total |
| Listing Date | Thursday, August 24, 2017 |
| BSE Script Code | |
| NSE Symbol | GEEKAYWIRE |
| Listing In | |
| ISIN | INE669X01016 |
| IPO Price | ₹33 per equity share |
| Face Value | ₹10 per equity share |
|
|
Geekay Wires Ltd
11-70/5, G.P. Complex,
Balanagar,
Hyderabad- - 500 018
Phone: +91-40–23778090
Email: geekaywires@gmail.com
Website: http://www.geekaywires.com
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: investor@bigshareonline.com
Website: http://www.bigshareonline.com
Geekay Wires IPO is a SME IPO of 3,332,000 equity shares of the face value of ₹10 aggregating up to ₹11.00 Crores. The issue is priced at ₹33 per equity share. The minimum order quantity is 4000 Shares.
The IPO opens on Aug 9, 2017, and closes on Aug 14, 2017.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
The Geekay Wires IPO opens on Aug 9, 2017 and closes on Aug 14, 2017.
Geekay Wires IPO lot size is 4000 Shares and the minimum order quantity is 4000 Shares.
You can apply in Geekay Wires IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Geekay Wires IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Geekay Wires IPO allotment status.
Useful Articles
Rs 0 Eq Delivery Brokerage
Flat ₹10 Per Trade in F&O
Rs 0 Demat AMC
IPO Guru (1200+ Posts, 1100+ Likes)
Top Contributor (300+ Posts, 100+ Likes)
Aryaman issues are stable and will slowly and steadily keep rising . old for long term growth and value in this stock
Rendering quality products and prompt services, we have earned a huge clientele base all across India. Our clientele list includes well-reputed clients in government and private sectors like power, construction, automobile and general engineering and domestic segments etc. that reflects the genuineness of the products offered by us. Some of our clients for our business include Government sector clients like Southern Power Distribution Company of Telangana Limited, The Southern Power Distribution Company of Andhra Pradesh Limited, Northern Power Distribution Company of Telangana Limited, UP Power Transmission Corporation Limited etc
Our Company has of late completed expansion project at Isnapur Village, Medak District thereby taking our installed capacity to 24,000 MTS p.a. The required machinery has beeninstalled with latest technology thus making it as one of the key plants in south India which can produce High Carbon Galvanized steel wire.
Our Company has also recently set up our second unit at Muppireddypally village, Hyderabad. It is a nails manufacturing unit with an approx production capacity of 6000 MTS per annum. This product is having a huge demand in domestic as well as overseas market. Hence, we believe that once we complete all these expansion in future; we should be able to grow our revenues and results of operations multi-fold.
Today; our Company is an ISO 9001: 2008 certified, manufacturer, exporter and supplier of the superlative wires and cables, like galvanized wire, earth wire, stay wire, ACSR steel core, cable armoured wire, guy strand, barbed wire, spring steel wire, patented wire, detonator wire, and spring steel wire