Kritika Wires Limited IPO (Kritika Wires IPO) Detail

Kritika Wires Limited

Kritika Wires Limited IPO (Kritika Wires IPO) Detail

ABOUT THE COMPANY:

 Kritika Wires Limited Company was  incorporated as on May 31, 2004.

Kritika Wires Limited  is engaged in the business of manufacturing high quality galvanized steel wires and wire products and have been meeting the requirement of various clients in the government and private sectors like power, infrastructure, railway and many more industries.

Company is an ISO 9001: 2015 and ISO 14001 : 2015 certified manufacturer and supplier of different types of galvanized and non-galvanized wires.The products manufactured by the Company are used for transmission and distribution of Electricity, manufacturing of concrete slippers, poles, bridges, and other infrastructure facilities.

The Company manufacturing facilities are situated at the following two units located at Dhulagarh Industrial Park, Kolkata, West Bengal.

All raw‐ materials and consumables are tested at various stages in the manufacturing process as per stipulated standards to ensure good quality products which are test certified. The Company products are type tested & approved by various NABL Accredited laboratories like IDTLNSIC & NTH Corporation and are supplied as per the Indian Market Specification.

Clients Of Kritika Wires Limited:

  1. Gupta Power Infrastructure
  2. Bmw Industries Ltd
  3. Cabcon India Ltd
  4. KEC International
  5. Larsen & Toubro
  6. Tata Projects
  7. Voltas
  8. Sterlite Tech

Promoters of Kritika Wires Limited:

  1. Mr. Naresh Kumar Agarwal (Designation: Whole Time Director)
  2. Mr. Hanuman Prasad Agarwal (Designation: Managing Director)
  3. Mr. Ankush Agarwal (Designation: Whole Time Director)

Objects of the Kritika Wires Limited IPO:

The objects of the ipo are to raise funds to meet-

1. Working Capital requirements.
2. General Corporate Expenses
3. Issue Expenses

Financials of Kritika Wires Limited :

(in Crores) FY 14 FY 15 FY 16 FY 17 FY 18
Revenue 149.11 183.39 217.30 207.05 257.89
Net Profit 1.01 0.42 1.04 2.66 4.93

 

Kritika Wires Limited IPO Details:

Details Info
Issue Opens on 26th September 2018
Issue Closes on:. 1st October 2018
Issue Price Rs.32
Face Value Rs.10
Minimum Lot 4000 Shares
Minimum Investment Rs.1,28,000
Issue Constitutes 27.10%
Issue Size Rs.15.39 cr
Market Cap Rs.56.80 cr
Listing at NSE SME
Equity Shares Offered (Fresh) 48,12,000
Equity Shares Prior to the Issue 1,29,40,000
Equity Shares after the Issue 1,77,52,000

IPO Allotment Status:CLICK BELOW

Link Intime India Private Ltd  

Company Contact Information

Kritika Wires Limited
1A, Bonfield Lane
Mezanine Floor,
Kolkata- 700001
Phone: +91-33-40037817
Fax:
Email: compliance@kritikawires.com
Website: http://www.kritikawires.com

Kritika Wires  Limited IPO Registrar

Link Intime India Private Ltd
Link Intime India Private Ltd,
C-13 Pannalal Silk Mills Compound,
LBS Marg, Bhandup West, Mumbai 400078

Phone: +91-22-25963838
Fax: +91-22-25946969
Email: kritika.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

Kritika Wires Limited IPO Lead Manager

SEBI Regn. No. INM000010981

Hem Securities Limited
14/15, Khatau Building,
40, Bank Street, Fort,
MUMBAI- 400 001

Website:  http://www.hemonline.com
Email:  ipoinfo@hemonline.com
Phone: 022 – 2267 1543 / 44
Fax: 022 – 2262 5991

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