The Geekay Wires IPO date has been confirmed to have started on August 9, 2017 and ended on August 14, 2017. Read the post to learn about Geekay Wires IPO GMP.
Seeking to raise Rs 11.00 crores, Geekay Wires has opted for an Initial Public Offering (IPO). The cost of each share stands at ₹33. To apply, you need at least 4000 shares per lot. Retail investors must commit at least ₹132,000 to start investing.
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Bidding Dates
August 9-14
Price Range
₹33 per share
Face Value
₹10 per share
GMP
₹85.95
Geekay Wires IPO GMP
The Geekay Wires Limited IPO GMP Today is ₹85.95.
IPO Overview
The Geekay Wires initial public offering (IPO) is priced at a fixed amount of Rs 11.00 crore. The initial public offering (IPO) bidding window for Geekay Wires opened on August 9, 2017, closing on August 14, 2017. On August 24, 2017, shares commenced trading on the NSE SME. Each share of Geekay Wires’ IPO is set at a price of ₹33. Geekay Wires Limited IPO GMP Today is ₹85.95. The application requires a lot size that comprises 4000 shares. Retail investors need to commit a minimum of ₹130,000.
Providing services to clients in public and commercial sectors, covering electricity, construction, automotive, general engineering, and residential fields, the company extends its reach through exporting.
Geekay Wires IPO Details
| IPO Date | August 9, 2017 to August 14, 2017 |
| Listing Date | August 24, 2017 |
| Face Value | ₹10 per share |
| Price | ₹33 per share |
| Lot Size | 4000 Shares |
| Total Issue Size | 3,332,000 shares (aggregating up to ₹11.00 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
Geekay Wires Listing Day Trading Information
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹33.00 |
| Open | ₹33.35 |
| Low | ₹33.15 |
| High | ₹33.70 |
| Last Trade | ₹33.25 |
Geekay Wires IPO Listing Details
| Listing Date | August 24, 2017 |
| BSE Script Code | |
| NSE Symbol | GEEKAYWIRE |
| ISIN | INE669X01016 |
| Final Issue Price | ₹33 per share |
Company Profile
Geekay Wires Limited, established in 1989, is a key player in the Indian market, known for its manufacturing and supplying of galvanized steel wires and wire products. Recognized for its ISO 9001: 2008 accreditation, Geekay Wires excels in crafting, exporting, and delivering high-quality wires and cables, encompassing galvanized wire, earth wire, stay wire, ACSR steel core, cable armoured wire, guy strand, barbed wire, spring steel wire, patented wire, detonator wire, and more.
Registrar Info
| Name | Bigshare Services Pvt Ltd |
| Phone number | +91-22-6263 8200 |
| Email ID | [email protected] |
| Website | ipo.bigshareonline.com |
Contact Details
| Name | Geekay Wires Ltd |
| Phone number | +91-40–23778090 |
| Email ID | [email protected] |
| Website | geekaywires.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Geekay Wires IPO FAQs
When Geekay Wires IPO will open?
The Geekay Wires IPO opens on August 9, 2017 and closes on August 14, 2017.
What is the lot size of Geekay Wires IPO?
Geekay Wires IPO lot size is 4000 Shares, and the minimum amount required is ₹132,000.
When is Geekay Wires IPO listing date?
The Geekay Wires IPO listing date is on August 24, 2017.
