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Kritika Wires Limited IPO (Kritika Wires IPO) Detail

September 26, 2018 - October 1, 2018

Kritika Wires IPO is a fixed price issue of Rs 15.40 crores.

Kritika Wires IPO bidding started from September 26, 2018 and ended on October 1, 2018. The shares got listed on NSE SME on October 10, 2018.

Kritika Wires IPO price is ₹32 per share. The minimum lot size for an application is 4000 Shares. The minimum amount of investment required by retail investors is ₹128,000.

Hem Securities Limited is the book running lead manager of the Kritika Wires IPO, while Link Intime India Private Ltd is the registrar for the issue.

Refer to Kritika Wires IPO RHP for detailed information.

Kritika Wires IPO Details

IPO Date September 26, 2018 to October 1, 2018
Listing Date October 10, 2018
Face Value ₹10 per share
Price ₹32 per share
Lot Size 4000 Shares
Total Issue Size4,812,000 shares
(aggregating up to ₹15.40 Cr)
Issue Type Fixed Price Issue IPO
Listing At NSE SME
Market Maker portion252,000 shares

Kritika Wires IPO Reservation

Kritika Wires IPO offers 4,812,000 shares. 2,280,000 (47.38%) to NII, 2,280,000 (47.38%) to RII.

Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered252,000 (5.24%)
Other Shares Offered2,280,000 (47.38%)
Retail Shares Offered2,280,000 (47.38%)
Total Shares Offered4,812,000 (100%)

Kritika Wires IPO Lot Size

Investors can bid for a minimum of 4000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

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

About Kritika Wires Limited

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 (Kritika Wires IPO Objectives)

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 Review (May apply)

[Dilip Davda]  

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 October 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)

Kritika Wires IPO Prospectus

Kritika Wires IPO Rating

Rating:Rated 2.8 stars
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Kritika Wires IPO Listing Details

Listing Date October 10, 2018
BSE Script Code
ISIN INE00Z501011
Final Issue Price ₹32 per share

Pre-Open Session - NSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

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Kritika Wires Limited Contact Details

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 - Buy or Not

Kritika Wires IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 1 0 0
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 September 26, 2018, and closes on October 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 September 26, 2018 and closes on October 1, 2018.

Kritika Wires IPO lot size is 4000 Shares, and the minimum amount required is ₹128,000.

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, Nuvama, 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 October 10, 2018.
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Kritika Wires IPO Message Board

Ranked Members of Forum  Ranked Members | Members with Most Likes



6. Sufiyan Merchant |   Link |  Bookmark |October 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 |  Bookmark |October 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 |  Bookmark |September 29, 2018 7:45:13 PM
IPO Mentor IPO Mentor (600+ Posts, 400+ Likes)
Simple, avoid all ipos till november.
Safe you're money.
5.1. Jai D. Patel |   Link |  Bookmark |September 30, 2018 9:48:04 AM
ok.. Shaktiman...
4. Prakash h.jagad |   Link |  Bookmark |September 27, 2018 12:42:36 AM
Any new news for this ipo???
3. Aniketiaf |   Link |  Bookmark |September 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 |  Bookmark |October 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 +
3.3. kuntal patil |   Link |  Bookmark |October 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 .
2. Aniketiaf |   Link |  Bookmark |September 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 |  Bookmark |September 23, 2018 9:28:18 PM
Top Contributor Top Contributor (400+ Posts, 400+ Likes)
Primarily Co looking interesting.....