Kritika Wires Limited IPO
(i) Kritika Wires Private Limited Company was originally incorporated as on May 31, 2004, The Company has been 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. 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
(ii) The plants are equipped with the latest machinery and equipment, In-house testing facilities and qualified engineers, which help in maintaining quality standards as well as an efficient delivery record with appropriate warranty. 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 IDTL, NSIC & NTH Corporation and are supplied as per the Indian Market Specification.
(iii) Products of the Company
a) MILD STEEL WIRE- Application: Electricity Board distribution and general
b) GI STAY WIRE- Application: Electricity Board distribution purpose.
c) GALVANISED STRAND FOR EARTHING- Application: Electricity board
d) A.C.S.R CORE WIRE- Application: Core wire for the aluminum conductor.
e) COTTON BALING WIRE- Application: Cotton baling industry. and many more such products which are used in different industries.
Objects of the Kritika Wires Limited IPO:
Kritika Wires Limited IPOare: 1. To Meet Working Capital requirements 2. To Meet General Corporate Expenses 3. To Meet Issue Expenses
Kritika Wires Limited IPO Details:
|Open Date:||Sep 26 2018|
|Close Date:||Oct 01 2018|
|Face Value:||₹ 10 Per Equity Share|
|Issue Type:||Fixed Price Issue IPO|
|Issue Size:||15.39 Cr.|
|Lot Size:||4000 Shares|
|Issue Price:||₹ 32 Per Equity Share|
|Listing At:||NSE Emerge|
|Listing Date:||Oct 10 2018|
Promoters And Management:
Financials of Kritika Wires Limited IPO:
|Particulars||For the year/period ended (in Rs. Lacs)|
|Profit After Tax||430.99||266.65||104.85||42.98||101.19|
Comparison With Peers:
Recommendation on Kritika Wires Limited IPO:
Lead Manager of Kritika Wires Limited IPO:
Registrar of Kritika Wires Limited IPO:
Bid Details of Kritika Wires Limited IPO as on
01-Oct-2018 17:00:00 IST
|Category||No.of shares offered||No. of shares bid|