Kritika Wires lists on NSE Emerge

KOLKATA : Kolkata based Kritika Wires, manufacturers of galvanized steel wires and wire products, got listed on NSE Emerge platform on Wednesday.

The company's initial public offering (IPO ) at Rs 32 per share had opened on September 26, 2018 and closed on October 1, 2018. The IPO was oversubscribed 189 per cent or 1.89 times and had mopped up Rs 15.40 crore from the market, a company release stated.

Proceeds of the IPO will be used to meet the company's working capital requirements, general corporate and issue expenses.


Incorporated in 2004, Kritika Wires has manufacturing facilities in Dhulagarh industrial park, Kolkata.