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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

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

Kritika Wires IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum14000₹128,000
Maximum14000₹128,000

Kritika Wires IPO Subscription Status (Bidding Detail)

Kritika Wires IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

NII

RII

Total

Shares Offered

2,280,000

2,280,000

4,560,000

Oct 1, 2018 17:00

3.45x

0.52x

1.99x

Kritika Wires IPO Prospectus

Kritika Wires IPO Rating

31
2.8
Rating:Rated 2.8 stars

Vote Here ...

Kritika Wires IPO Listing Date

Listing DateWednesday, October 10, 2018
BSE Script Code
NSE SymbolKRITIKA
Listing In
ISININE00Z501011
IPO Price₹32 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
NSE SME
IPO Price:₹32.00
Open:₹34.10
Low:₹32.75
High:₹34.10
Last Trade:₹33.70
Volume:832,000

Kritika Wires IPO Reviews / Ratings

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

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

Kritika Wires IPO FAQs

  1. 1. What is Kritika Wires IPO?

    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 price of the IPO is ₹32 Per Equity Share. The minimum order quantity is 4000 Shares per application and the offer type is Fixed Price Issue.

    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.

  2. 2. When Kritika Wires IPO will open?

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

  3. 3. How to apply for Kritika Wires IPO?

    Kritika Wires IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.

  4. 4. When Kritika Wires IPO allotment?

    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.

  5. 5. When is Kritika Wires IPO listing date?

    The Kritika Wires IPO listing date is on Wednesday, October 10, 2018, at NSE SME.
  6. 6. What is the lot size of Kritika Wires IPO?

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

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Kritika Wires IPO Review / Comments

Sufiyan Merchant
6. Sufiyan Merchant  Oct 7, 2018 13:02
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?
IpoNewbie
6.1. IpoNewbie  Oct 8, 2018 10:16
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.
Hiteshji
5. Hiteshji  Sep 29, 2018 20:45
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Simple, avoid all ipos till november.
Safe you're money.
Jai D. Patel
5.1. Jai D. Patel  Sep 30, 2018 10:48
ok.. Shaktiman...
Prakash h.jagad
4. Prakash h.jagad  Sep 27, 2018 01:42
Any new news for this ipo???
Aniketiaf
3. Aniketiaf  Sep 26, 2018 23:36
IPO Guru IPO Guru (1000+ Posts, 6100+ Likes)
Good subscription figure after completion of first day...
Aniketiaf
3.2. Aniketiaf  Oct 10, 2018 23:34
IPO Guru IPO Guru (1000+ Posts, 6100+ 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.
kuntal patil
3.3. kuntal patil  Oct 12, 2018 19:27
Thank you . even i sold at 33.90 . can you please update me the question which is asked in previous message .
Thanks
Aniketiaf
2. Aniketiaf  Sep 26, 2018 23:36
IPO Guru IPO Guru (1000+ Posts, 6100+ Likes)
Good subscription figure after completion of first day...
GrowYourMoney
1. GrowYourMoney  Sep 23, 2018 22:28
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
Primarily Co looking interesting.....



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