Kritika Wires Limited IPO

Kritika Wires Limited is an ISO 9001:2008 certified company active in manufacturing superior grade galvanized steel wires and wire products that are used by several governments and private sectors that are spread across railways, power and infrastructures among others. Its products are inspected and approved by several NABL Accredited laboratories that include IDTL, NSIC & NTH Corporation.

Date of Incorporation: The company was incorporated as ‘Kanika Wires Private Limited’ on 31st May 2004 at Kolkata. Eventually, the company was reconstructed to a public limited company named ‘Kanika Wires Limited’ on 03rd May 2018.

Promoters of Kritika Wires Limited: Mr Mahesh Kumar Sharma, Mr Hanuman Prasad Agrawal, Alltime Suppliers Private Limited, R.A. Comptech Investment & Consultant Private Limited, Mohta Agencies Private Limited and Balaji Electrodes Private Limited are the promoters of Kritika Wires Limited.

Products and Services Offering: The company manufactures several wires categories that consist of

• - Mild Steel Wire

  - Galvanized Steel Wire Strand

  - G.I. Stay Wire

  - HCGS Core Wire

    - Indented P.C. Wire

  Customer Segments: The companies clientele includes major industrial players such as Bajaj Electricals, Cabon, Godrej, Kalpatru and voltas among others.

Objects of Kritika Wires Limited IPO: The objectives of Kritika Wires Limited IPO are:

• - To finance Working Capital Requirements.

• - To meet General Corporate Expenses.

• - To meet Issue Expenses.

Company Financials: