Geekay Wires Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,580,000 (47%) | — | ₹521 Cr |
| Retail | — | 1,580,000 (47%) | — | ₹521 Cr |
| Market Maker | — | 172,000 (5%) | — | ₹6 Cr |
| Σ Total | — | 3,332,000 (100%) | — | ₹10,996 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | ₹132,000 |
| Retail (Max) | 13 | 52,000 | ₹1,716,000 |
| S-HNI (Min) | 14 | 56,000 | ₹1,848,000 |
| B-HNI (Min) | 67 | 268,000 | ₹8,844,000 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Long term working capital requirement – 9.66
- Expenditure for General Corporate Purposes – 0.84
Company Overview
Incorporated in 1989, Geekay Wires Limited is engaged in manufactures and supplies of galvanized steel wires and wire products in India.
Geekay Wires is an ISO 9001: 2008 certified company who manufacturer, exporter and supplier of the superlative wires and cables, like galvanized wire, earth wire, stay wire, ACSR steel core, cable armored wire, guy strand, barbed wire, spring steel wire, patented wire, detonator wire, and spring steel wire etc and other wire products comprising barbed, hairclip, steel wool, umbrella rib, nail, stitching, patented, poultry, electrode, fan wires, etc.
They serves various clients in the government and private sectors comprising power, construction, automobile, general engineering, and domestic sectors. The company also exports its products.