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:
- Mr Naresh Kumar Agarwal,
- Mr Hanuman Prasad Agarwal,
- Alltime Suppliers Private Limited,
- R A Comptech Investment & Consultant Private Limited,
- Mohta Agencies Private Limited
- 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