Kritika Wires Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 2,280,000 (47%) | — | ₹730 Cr |
| Retail | — | 2,280,000 (47%) | — | ₹730 Cr |
| Market Maker | — | 252,000 (5%) | — | ₹8 Cr |
| Σ Total | — | 4,812,000 (100%) | — | ₹15,398 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 | ₹128,000 |
| Retail (Max) | 13 | 52,000 | ₹1,664,000 |
| S-HNI (Min) | 14 | 56,000 | ₹1,792,000 |
| B-HNI (Min) | 67 | 268,000 | ₹8,576,000 |
Financial Statements Amount in Lakhs
| Metric | 31-Jan-17 | 31-Mar-17 | 31-Mar-16 |
|---|---|---|---|
| Revenue | 19,797 | 20,706 | 21,730 |
| Profit After Tax | 431 | 267 | 105 |
| Total Assets | 13,040 | 11,377 | 11,573 |
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
- 1 To meet Working capital Requirements – 12.39
- 2 To meet General Corporate Expenses – 2.00
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 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.