Kritika Wires Ltd. IPO — GMP, Details & Subscription

IPO Details

Open Date

26 Sep 2018

Close Date

01 Oct 2018

Allotment

07 Oct 2018

Listing Date

10 Oct 2018

Exchange

NSE SME

Price Band

₹32

Listing Price

See chart

Allotment Status

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Price Band

₹32

Per share

Face Value

₹10 per share

Lot Size

4,000 Shares

per lot

Issue Size

48,12,000 shares (aggregating up to ₹15.40 Cr)

Total offering

Issue Type

Fixed Price IPO

Min Investment

₹128,000

1 lot

Pre-IPO Holding

1,29,40,000 shares

Promoters

Post-IPO Holding

1,77,52,000 shares

Promoters

UPI Deadline

2018-10-01

Mandate

Anchor AllotmentTue, 25 Sep 2018

Basis of AllotmentSun, 07 Oct 2018

Refund InitiationMon, 08 Oct 2018

Demat CreditMon, 08 Oct 2018

Listing DayWed, 10 Oct 2018

UPI Mandate Deadline2018-10-01

Sale TypeFresh Capital

Net Offer to Public45,60,000 shares (aggregating up to ₹14.59 Cr)

Market Maker Quota2,52,000 shares (aggregating up to ₹0.8064 Cr)

QIB Quota50% of Net Issue

HNI / NII Quota15% of Net Issue

Retail Quota35% of Net Issue

Check AllotmentClick here →

Subscription Rate Final

Kritika Wires Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 01 Oct 2018.

QIB

1.00x

Over

NII/HNI

1.00x

Over

Retail

1.00x

Over

Total

1.00x

Over

Category	Subscription	Shares Offered	% of Total	Amount (₹Cr)
Market Maker	Awaited	252,000	—	₹0.81
QIB	Over 1.00x	—	—	—
NII / HNI	Over 1.00x	—	—	—
Retail	Over 1.00x	—	—	—
Total	1.00x	4,812,000	100%	₹15.40

IPO Shares Offered

Kritika Wires Ltd. IPO total issue size: ₹15.40 Cr.

Category	Shares Offered	Amount (₹Cr)	Size (%)
Market Maker	252,000	₹0.81	5.24%
Total	4,812,000	₹15.40	100.00%

* Based on upper price band ₹32 per share

Lot Size & Investment

Lot Size

4,000

Shares per Lot

Issue Price

₹32.00

Upper Band

Min Investment

₹128,000

1 Lot

Application	Lots	Shares	Amount
Retail (Min — 2 Lots)	2	8,000	₹256,000
Retail (Max — 13 Lots)	13	52,000	₹1,664,000
S-HNI (Min — 14 Lots)	14	56,000	₹1,792,000
B-HNI (Min — 68 Lots)	68	272,000	₹8,704,000

* Issue Price ₹32 × Lot Size 4,000 shares

IPO Schedule

Anchor

25 Sep 2018

✓ Done

IPO Open

26 Sep 2018

✓ Done

IPO Close

01 Oct 2018

✓ Done

Allotment

07 Oct 2018

✓ Done

Refunds

08 Oct 2018

✓ Done

Demat Credit

08 Oct 2018

✓ Done

Listing Day

10 Oct 2018

✓ Done

₹32.00

INR · NSE

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Issue ₹32.00 Live Price

About Kritika Wires Ltd.

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.

Objects of the Issue

1 To meet Working capital Requirements

2 To meet General Corporate Expenses

Kritika Wires Ltd. Financials (Amount in Lakhs)

Revenue from Operations

₹21,730.2

31-Mar-16

₹20,705.5

31-Mar-17

₹19,797.4

31-Jan-17

Profit After Tax (PAT)

₹104.9

31-Mar-16

₹266.7

31-Mar-17

₹431.0

31-Jan-17

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
Borrowings	N/A	N/A	N/A
EBITDA Margin (%)	N/A	—	—
PAT Margin (%)	N/A	—	—

Issue Structure & Shareholding

Total Shares Offered48,12,000 (100.00%)

Net Offer to Public45,60,000 shares (aggregating up to ₹14.59 Cr)

Reserved for Market Maker2,52,000 shares (aggregating up to ₹0.8064 Cr)

Pre-Issue Promoter Holding1,29,40,000 shares

Post-Issue Promoter Holding1,77,52,000 shares

P/BV RatioN/A

RoEN/A

RoCEN/A

Debt / EquityN/A

Script CodeN/A

Registrar & Lead Managers

IPO Registrar

MUFG Intime India Pvt.Ltd.

+91-22-4918 6270

kritika.ipo@linkintime.co.in

https://linkintime.co.in/Initial_Offer/public-issues.html

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Book Running Lead Managers

Hem Securities Ltd.

GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.

IPO Subscription FAQs

How much Kritika Wires Ltd. IPO subscribed? ▲

Kritika Wires Ltd. IPO is subscribed 1.00 times by Oct 01, 2018. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor Category	Subscription
Qualified Institutional (QIB)	1.00x
Non Institutional (NII/HNI)	1.00x
Retail Individual	1.00x
Total Subscription	1.00x

What is Kritika Wires Ltd. IPO retail subscription status? ▼

The Kritika Wires Ltd. IPO retail category is subscribed 1.00 times as of 01 Oct 2018. The retail portion is oversubscribed.

How to subscribe Kritika Wires Ltd. IPO? ▼

Subscribe via your broker app using ASBA or UPI. Opens 26 Sep 2018 and closes 01 Oct 2018. Min investment: ₹128,000 (1 lot = 4,000 shares). UPI mandate: 2018-10-01.

How many times Kritika Wires Ltd. IPO subscribed? ▼

The Kritika Wires Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Kritika Wires Ltd. IPO allotment? ▼

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 07 Oct 2018. Refunds: on 08 Oct 2018.

When Kritika Wires Ltd. IPO will be listed? ▼

The Kritika Wires Ltd. IPO listing date is 10 Oct 2018, Wednesday. Listed on: NSE SME. Issue price: ₹32. Estimated listing: ₹32. GMP: NIL.

When Kritika Wires Ltd. IPO close? ▼

The Kritika Wires Ltd. IPO closes on 01 Oct 2018, Monday. UPI mandate: 2018-10-01. Allotment: 07 Oct 2018. Listing: 10 Oct 2018.

Quick Actions

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Live Price LIVE

Last Price₹32.00

Change—

Issue Price₹32.00

vs Issue—

Quick Summary

StatusListed

Issue Price₹32

Face Value₹10

Lot Size4,000 Sh

Min. Amount₹128,000

GMPNIL

Est. Listing₹32

Subscribed1.00x

Open Date26 Sep 2018

Close Date01 Oct 2018

Allotment07 Oct 2018

Listing Date10 Oct 2018

ExchangeNSE SME

UPI Deadline2018-10-01