Kritika Wires IPO is all set to make its debut on 26th Sept 18 with 42.87 Cr is a company engaged in the business of manufacturing high quality galvanized steel wires and wire products
Kritika Wires IPO – overview
| IPO Dates | 26th sept-1st oct 18 |
| IPO Price | INR 32 per share |
| Fresh issue | – |
| Offer For Sale | Nil |
| Total IPO size | 4,812,000 shares (INR 15.40 crore) |
| Minimum bid (lot size) | 4000 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
Company Overview
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 requirements 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
Objects of the Issue
- Working Capital requirements.
- General Corporate Expenses
- Issue Expenses
Company Financials
| Particulars | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 |
| Total Assets | 13,039.56 | 11,376.69 | 11,572.92 |
| Total Revenue | 19,797.43 | 20,705.52 | 21,730.19 |
| Profit After Tax | 430.99 | 266.65 | 104.85 |
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
Phone: +91-22-4918 6270
Email: kritika.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Kritika Wires IPO Lead Manager(s)
- Hem Securities Limited (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
