• SENSEX 78,553.20
    1,508.91 (+1.96%)
  • BANKNIFTY 54,290.20
    1,172.45 (+2.21%)

IPO

Explore our secure online trading, IPO bidding, mutual fund investments, and depository services, all designed to provide seamless transactions, expert insights, and real-time market access for smart investing

Kritika Wires Ltd

Kritika Wires Ltd

    Registered Office : 1A Bonfield Lane Mezanine Flr,,Kolkata West Bengal 700001 Phone : 91-33-40037817
    Fax :

    Email : compliance@kritikawires.com

    Website : www.kritikawires.com

Initial public issue of 48,12,000 equity shares of face value of Rs. 10 each ("Equity Shares") of Kritika Wires Limited ("Company" or "Issuer") for cash at a price of Rs. 32 per equity share (including a share premium of Rs. 22 per equity share) ("Issue Price") aggregating to Rs. 15.40 crores ("Issue" ) of which 2,52,000 equity shares of face value of Rs. 10.00 each for a cash price of Rs. 32 per equity share, aggregating to Rs. 0.81 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e. Issue of 45,60,000 equity shares of face value of Rs. 10.00 each at an issue price of Rs. 32 per equity share aggregating to Rs. 14.59 crores (The "Net Issue"). The issue and the net issue will constitute 27.11% and 25.69%, respectively of the post issue paid up equity share capital of the company. The Face value of the equity shares is Rs. 10 each and the issue price is 32 The Issue price is 3.2 times of the face value.

Issue

Opens On

Closes On

26-Sep-2018

01-Oct-2018

Money Payable On

Application

Allotment

32.00

0.00

Minimum Application for shares in Nos : 4000.0 Further Multiples of : 4000.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

15.40

15.40

17.75

32.00

Hem Securities Ltd

Projects
  • To Meet Working Capital Requirements
  • To Meet General Corporate Expenses
Promoted By
  • Naresh Kumar Agarwal
  • Hanuman Prasad Agarwal
  • Alltime Suppliers Pvt Ltd
Listing At
  • NSE - SME
Registrar to the Issue
  • MUFG Intime India Pvt Ltd