Ongoing SME IPO_Kritika Wires Ltd

 

Kritika Wires Ltd

Issue Analysis :

Issue opens Sept.26, 2018
Issue Closes Oct. 01, 2018
Issue Price Rs 32
Lot Size 4000
Issue Size 15.40 Cr
Lead Manager Hem Securities Limited
Registrar Link Intime India Pvt  Ltd
Platform NSE

Company’s Snapshot :

Kritika Wires is an ISO 9001: 2008 certified manufacturer and supplier of high quality galvanized steel wires and wire products which are used by various clients in the government and private sectors like power, infrastructure, railway and many more industries. The products manufactured by the company are used for transmission and distribution of Electricity, manufacturing of concrete slippers, poles, bridges and other infrastructure facilities. It has two manufacturing facilities, situated at Dhulagarh Industrial Park, Kolkata, West Bengal.

The company’s plants are equipped with latest machinery and equipments, in-house testing facilities and qualified engineers. Its products are type tested & approved by various NABL Accredited laboratories like: IDTL, NSIC & NTH Corporation and are supplied as per the Indian Market Specification.

Object of the Issue:

The objects of the Issue are to:

  • Working Capital Requirement
  • General Corporate Purpose
  • Issue Expenses

Financial Highlights :

Kritika Wires’ financial performance (in INR crore)
FY2014 FY2015 FY2016 FY2017 FY2018
Total revenue 149.1 183.4 217.3 207.1 257.9
Total expenses 147.5 182.7 215.3 202.9 250.0
Profit after tax 1.01 0.43 1.05 2.67 4.94

 

Company Promoters:

The Promoters of the Company is:

  1. Mr Naresh Kumar Agarwal,
  2. Mr Hanuman Prasad Agarwal,
  3. Alltime Suppliers Private Limited,
  4. R A Comptech Investment & Consultant Private Limited,
  5. Mohta Agencies Private Limited
  6. Balaji Electrodes Private Limited

Contact Company Information:

Kritika Wires Limited
1A, Bonfield Lane
Mezanine Floor
Kolkata- 700001

 

Phone: +91 33 40037817
Email: compliance@kritikawires.com
Website: www.kritikawires.com

 

Ongoing SME IPO_Parin Furniture Ltd

 

Parin Furniture Ltd

Issue Analysis :

Issue opens Sept.26, 2018
Issue Closes Sept.28, 2018
Issue Price Rs 63
Lot Size 2000
Issue Size 18.90 Cr
Lead Manager Hem Securities Limited
Registrar Karvy Computershare Pvt Ltd
Platform NSE

Company’s Snapshot :

Parin Furniture provides a wide range of furniture and lifestyle products including home furniture, office furniture, hospital furniture, institutional furniture and education furniture. Its subsidiary Pearl Furniture Private Limited has well established manufacturing unit located at Survey No. 26, Shapar Main Road, Village, Shapar, Taluka – Kotada Sangani, Dist – Rajkot-360024, having high tech equipments and design facility to manufacture various combination and size of products as per specification and needs of the customers. The factory is equipped with all facilities to execute all types of manufacturing activities such as panel cutting, edge bidding, post forming, painting line, fabrication, moulding, cutting and polishing & packaging, etc.

The company’s business network is spread in 18 States. It has COCO Flagship Retail Stores and around 900 dealers associated with itself.

Object of the Issue:

The objects of the Issue are to:

 

  • Repayment of Certain Secured Borrowing
  • Working Capital Requirements
  • General Corporate Purpose
  • Issue Expenses

Financial Highlights :

Parin Furniture’s  financial performance (in INR crore)
FY2014 FY2015 FY2016 FY2017 FY2018
Total revenue 30.0 28.8 61.8 59.9 64.6
Total expenses 27.6 26.2 56.9 54.1 57.4
Profit after tax 0.61 0.28 1.02 1.36 2.62

 

Company Promoters:

The Promoters of the Company is:

  1. Mr Umesh Dhirajlal Nandani
  2. Mr Deven Dipesh Nandani
  3. Mr Parin Umeshbhai Nandani

Contact Company Information:

Parin Furniture Limited
Plot No. 6, Revenue Survey No. 149
National Highway,at Vavdi, Gondal Road
Rajkot, Gujarat – 360 004

 

Phone: +91 281 3300777
Email: cs@parinfurniture.com
Website: www.parinfurniture.com

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