Kritika Wires IPO is a Fixed Price IPO listing on NSE EMERGE exchange, with an ipo size of ₹ 15.40 Cr. The company is based in Kolkata and caters to Cables And Wires sector. Hem Securities is the merchant banker of Kritika Wires IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 28th May 2018.
Kritika Wires IPO open date is 26th September 2018 and close date is 1st October 2018. IPO Allotment Date is [●] and Listing date is 10th October 2018.Kritika Wires IPO size is ₹ 15.40 Cr. with IPO price of ₹ 32.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Hem Securities Limited is the book-running lead manager of the Kritika Wires IPO. Link Intime India Private Limited is the Registrar and Market Maker is Hem Finlease Private Limited for Kritika Wires IPO.
Kritika Wires IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Kritika Wires IPO, based in Kolkata, operates in the Cables And Wires sector with a focus on manufacturing high quality galvanized steel wires and wire products.. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Kritika Wires IPO size is ₹ 15.40 Cr. with fresh issue size of ₹ 15.40 Cr. and Offer for sale being ₹ Nil
The IPO allotment date for Kritika Wires IPO is expected to be [●], after the finalization of basis of allotment. Investors can check Kritika Wires IPO allotment status on the registrars website, Link Intime India Private Limited . Kritika Wires IPO refund dates are [●].
Kritika Wires IPO is expected to be listed on 10th October 2018.
The upper price band for the Kritika Wires IPO is set at ₹ 32.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Kritika Wires IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Kritika Wires IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 1st October 2018. After submission, funds are blocked until the basis of allotment of Kritika Wires IPO is finalised.
The merchant banker for Kritika Wires IPO is Hem Securities Limited . Hem Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Kritika Wires IPO RHP for further details.
The registrar for Kritika Wires IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Kritika Wires IPO through their official website or helpline.
Kritika Wires IPO was subscribed 1.99 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Kritika Wires IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Kritika Wires Financial Review Page
Merchant Banker(s) of Kritika Wires IPO: Hem Securities Limited
Kritika Wires IPO subscription was 1.99 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Kritika Wires IPO listed at a listing price of 33.70 against the offer price of 32.00.
The current market price of Kritika Wires is 10.05.
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