Issue Price
₹32
Per Share
GMP
NIL
Grey Market
Est. Listing
₹32
Expected Price
Min. Application
₹256,000
2 lots × 4000 shares
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.
Kritika Wires Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 252,000 | — | ₹0.81 Cr | — |
| TOTAL | 4,812,000 | 100.00% | ₹15.40 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | ₹128,000 |
| Retail (Max) | 13 | 52,000 | ₹1,664,000 |
| sNII (Min) | 14 | 56,000 | ₹1,792,000 |
| bNII (Min) | 68 | 272,000 | ₹8,704,000 |
| Particulars | 31-Jan-17 | 31-Mar-17 | 31-Mar-16 |
|---|---|---|---|
| Revenue from Operations | 19797.43 | 20705.52 | 21730.19 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 430.99 | 266.65 | 104.85 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 13039.56 | 11376.69 | 11572.92 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |