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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 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

Issue OpenSep 26, 2018 - Oct 1, 2018
Issue TypeFixed Price Issue IPO
Issue Size4,812,000 Eq Shares of Rs 10
(aggregating up to Rs 15.40 Cr)
Face ValueRs 10 Per Equity Share
Issue PriceRs 32 Per Equity Share
Market Lot4000 Shares
Min Order Quantity4000 Shares
Listing AtNSE SME

Kritika Wires IPO Subscription Status (Bidding Detail)

Kritika Wires IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time




Shares Offered




Oct 1, 2018 17:00




Kritika Wires IPO Prospectus

Kritika Wires IPO Rating

Rating:Rated 2.8 stars

Vote Here ...

Kritika Wires IPO Listing Date

Listing DateWednesday, October 10, 2018
BSE Script Code
Listing In
Issue PriceRs 32 Per Equity Share
Face ValueRs 10 Per Equity Share

Listing Day Trading Information

Issue Price
Last Trade
Issue Price:Rs 32.00
Open:Rs 34.10
Low:Rs 32.75
High:Rs 34.10
Last Trade:Rs 33.70

Kritika Wires IPO Reviews / Ratings

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
   Link Intime India Private Ltd
   C 101, 247 Park, L.B.S.Marg,
   Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270

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Kritika Wires IPO Review / Comments

6. Sufiyan Merchant  Oct 7, 2018 12:02 I Like It. | Report Abuse
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 I Like It. | Report Abuse
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 I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Simple, avoid all ipos till november.
Safe you're money.
5.1. Jai D. Patel  Sep 30, 2018 09:48 I Like It. | Report Abuse
ok.. Shaktiman...
4. Prakash h.jagad  Sep 27, 2018 00:42 I Like It. | Report Abuse
Any new news for this ipo???
3. Aniketiaf  Sep 26, 2018 22:36 I Like It. 3 | Report Abuse
IPO Mentor IPO Mentor (800+ Posts, 4600+ Likes)
Good subscription figure after completion of first day...
3.2. Aniketiaf  Oct 10, 2018 22:34 I Like It. 1 | Report Abuse
IPO Mentor IPO Mentor (800+ Posts, 4600+ 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 I Like It. | Report Abuse
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 I Like It. | Report Abuse
IPO Mentor IPO Mentor (800+ Posts, 4600+ Likes)
Good subscription figure after completion of first day...
1. GrowYourMoney  Sep 23, 2018 21:28 I Like It. | Report Abuse
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
Primarily Co looking interesting.....

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