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 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.

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

IPO Opening Date Sep 26, 2018
IPO Closing Date Oct 1, 2018
Issue Type Fixed Price Issue IPO
Face Value ₹10 per equity share
IPO Price ₹32 per equity share
Market Lot 4000 Shares
Min Order Quantity 4000 Shares
Listing At NSE SME
Issue Size4,812,000 Eq Shares of ₹10
(aggregating up to ₹15.40 Cr)

Kritika Wires IPO Lot Size

The Kritika Wires IPO market 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 (Cut-off)
Minimum 1 4000 ₹128,000
Maximum 1 4000 ₹128,000

Kritika Wires IPO Subscription Status (Bidding Detail)

The Kritika Wires IPO is subscribed 1.99x times on Oct 1, 2018 17:00. The public issue subscribed 0.52x in the retail category, in the QIB category, and 3.45x in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription






Kritika Wires IPO Prospectus

Kritika Wires IPO Rating

Rating:Rated 2.8 stars
Vote Here ...

Kritika Wires IPO Listing Date

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

Listing Day Trading Information

IPO Price
Last Trade
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

Kritika Wires IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270

Kritika Wires IPO Reviews / Ratings

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 equity 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 4000 Shares.

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.

Kritika Wires IPO Message Board

Ranked Members  Ranked Members

6. Sufiyan Merchant |Oct 7, 2018 12:02
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 |Oct 8, 2018 09:16
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 |Sep 29, 2018 19:45
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
Simple, avoid all ipos till november.
Safe you're money.
5.1. Jai D. Patel |Sep 30, 2018 09:48
ok.. Shaktiman...
4. Prakash h.jagad |Sep 27, 2018 00:42
Any new news for this ipo???
3. Aniketiaf |Sep 26, 2018 22:36
IPO Guru IPO Guru (1500+ Posts, 8900+ Likes)
Good subscription figure after completion of first day...
3.2. Aniketiaf |Oct 10, 2018 22:34
IPO Guru IPO Guru (1500+ Posts, 8900+ Likes)
Sorry for my late reply.
Congrats for your profit as it's your first SME experience.
I have sold my allotted shares @ 34 +
3.3. kuntal patil |Oct 12, 2018 18:27
Thank you . even i sold at 33.90 . can you please update me the question which is asked in previous message .
2. Aniketiaf |Sep 26, 2018 22:36
IPO Guru IPO Guru (1500+ Posts, 8900+ Likes)
Good subscription figure after completion of first day...
1. GrowYourMoney |Sep 23, 2018 21:28
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
Primarily Co looking interesting.....