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.
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.
|Particulars||For the year/period ended (in Rs. Lakhs)|
|Profit After Tax||430.99||266.65||104.85||42.98||101.19||120.90|
The objects of the issue are to raise funds to meet-
1. Working Capital requirements.
2. General Corporate Expenses
3. Issue Expenses
|Issue Open||Sep 26, 2018 - Oct 1, 2018|
|Issue Type||Fixed Price Issue IPO|
|Issue Size||4,812,000 Eq Shares of Rs 10 |
(aggregating up to Rs 15.40 Cr)
|Face Value||Rs 10 Per Equity Share|
|Issue Price||Rs 32 Per Equity Share|
|Market Lot||4000 Shares|
|Min Order Quantity||4000 Shares|
|Listing At||NSE SME|
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