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Kritika Wires Limited IPO (Kritika Wires IPO) Detail

Sep 26, 2018 - Oct 1, 2018

Incorporated in 2004, Kolkata based Kritika Wires Limited is a company engaged in the business of manufacturing high quality galvanized steel wires and wire products.

The products are used for transmission and distribution of Electricity, manufacturing of concrete slippers, poles, bridges etc.

The company caters to the requirement of various companies in the government and private sectors in industries like infrastructure, power, and railway etc.

The company has 2 manufacturing facilities at Dhulagarh Industrial Park, Kolkata.

The company grew its revenue at 18.23% annually from the financial year 2013 to 2017.

It has 285 full-time employees on its payroll.

Company Financials

Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Jan-17 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 13,039.56 11,376.69 11,572.92 9,428.75 9,762.51 6,020.98
Total Revenue 19,797.43 20,705.52 21,730.19 18,3339.74 14,911.27 10,596.27
Profit After Tax 430.99 266.65 104.85 42.98 101.19 120.90

Objects of the Issue

The objects of the issue are to raise funds to meet-

1. Working Capital requirements.
2. General Corporate Expenses
3. Issue Expenses

Kritika Wires IPO Details

Kritika Wires IPO Date Sep 26, 2018 to Oct 1, 2018
Kritika Wires IPO Face Value ₹10 per share
Kritika Wires IPO Price ₹32 per share
Kritika Wires IPO Lot Size 4000 Shares
Issue Size4,812,000 shares of ₹10
(aggregating up to ₹15.40 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Company Promoters

The promoters of the company are Mr. Naresh Kumar Agarwal, Mr. Hanuman Prasad Agarwal, Alltime Suppliers Private Limited, RA Comptech Investment & Consultant Private Limited, Mohta Agencies Private Limited and Balaji Electrodes Private Limited.

They hold Promoters hold 40.57% Equity Shares of the Company and will continue to hold the majority of the post-issue paid-up equity share capital of the Company.

Kritika Wires IPO Lot Size

The Kritika Wires IPO lot size is 4000 shares. A retail-individual investor can apply for up to 1 lots (4000 shares or ₹128,000).

Application Lots Shares Amount
Retail (Min) 1 4000 ₹128,000
Retail (Max) 1 4000 ₹128,000

Kritika Wires IPO Review

Consistent growth in top line augurs well. Based on its financial data, issue appears fully priced. Investors may consider investment for long term.

Read detail review...


Kritika Wires IPO Subscription Status (Bidding Detail)

The Kritika Wires IPO is subscribed 1.99 times on Oct 1, 2018 5:00:00 PM. The public issue subscribed 0.52 times in the retail category, times in the QIB category, and 3.45 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
NII3.45
Retail0.52
Total1.99

Kritika Wires IPO Prospectus

Kritika Wires IPO Rating

31
2.8
Rating:Rated 2.8 stars
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Kritika Wires IPO Listing Date

Listing Date Wednesday, October 10, 2018
BSE Script Code
NSE Symbol KRITIKA
Listing In
ISIN INE00Z501011
IPO Price ₹32 per share
Face Value ₹10 per share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
NSE SME
IPO Price: ₹32.00
Open: ₹34.10
Low: ₹32.75
High: ₹34.10
Last Trade: ₹33.70

Company Contact Information

Kritika Wires Limited
1A, Bonfield Lane
Mezanine Floor,
Kolkata- 700001
Phone: +91-33-40037817
Email: compliance@kritikawires.com
Website: http://www.kritikawires.com/

Kritika Wires IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: kritika.ipo@linkintime.co.in
Website: https://linkintime.co.in/

Kritika Wires IPO Review

Kritika Wires IPO Recommendation Summary

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Members 0 0 0

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Kritika Wires IPO FAQs

Kritika Wires IPO is a SME IPO of 4,812,000 equity shares of the face value of ₹10 aggregating up to ₹15.40 Crores. The issue is priced at ₹32 per share. The minimum order quantity is 4000 Shares.

The IPO opens on Sep 26, 2018, and closes on Oct 1, 2018.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

The Kritika Wires IPO opens on Sep 26, 2018 and closes on Oct 1, 2018.

Kritika Wires IPO lot size is 4000 Shares and the minimum order quantity is .

You can apply in Kritika 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 Kritika Wires IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Kritika Wires IPO allotment status.

The Kritika Wires IPO listing date is on Wednesday, October 10, 2018.
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Kritika Wires IPO Message Board

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11 Comments

6. Sufiyan Merchant |   Link |Oct 7, 2018 12:02:26 PM
Hello Everyone,

I am an amateur investor here, invested in Kritika Wires as first time investment in IPO. Yesterday I got a text from my bank saying that the money has been deducted but no where I have got an email/communication, that shows the allotment, can anyone help please???

ICICI is not ready to resolve this. Where should i go and complain?
6.1. IpoNewbie |   Link |Oct 8, 2018 9:16:22 AM
You have been allotted shares.
You can't see sme shares in your portfolio.
Ask your relationship manager to check this share in sme ,he may confirm the quantity you have been allotted.
5. Hiteshji |   Link |Sep 29, 2018 7:45:13 PM
IPO Mentor IPO Mentor (500+ Posts, 400+ Likes)
Simple, avoid all ipos till november.
Safe you're money.
5.1. Jai D. Patel |   Link |Sep 30, 2018 9:48:04 AM
ok.. Shaktiman...
4. Prakash h.jagad |   Link |Sep 27, 2018 12:42:36 AM
Any new news for this ipo???
3. Aniketiaf |   Link |Sep 26, 2018 10:36:34 PM
IPO Guru IPO Guru (1800+ Posts, 10200+ Likes)
Good subscription figure after completion of first day...
3.2. Aniketiaf |   Link |Oct 10, 2018 10:34:15 PM
IPO Guru IPO Guru (1800+ Posts, 10200+ Likes)
Sorry for my late reply.
Congrats for your profit as it's your first SME experience.
I have sold my allotted shares @ 34 +
Thanks.
3.3. kuntal patil |   Link |Oct 12, 2018 6:27:45 PM
Thank you . even i sold at 33.90 . can you please update me the question which is asked in previous message .
Thanks
2. Aniketiaf |   Link |Sep 26, 2018 10:36:27 PM
IPO Guru IPO Guru (1800+ Posts, 10200+ Likes)
Good subscription figure after completion of first day...
1. GrowYourMoney |   Link |Sep 23, 2018 9:28:18 PM
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
Primarily Co looking interesting.....