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Geekay Wire Ltd IPO (GWL IPO) Details

Geekay Wire Ltd IPO (GWL IPO) Details:

Geekay Wires Ltd manufactures and supplies galvanized steel wires and wire products in India.

The company offers superlative wires and cables, including HTGS earth wires, steel wire strands, iron wires, binding wires, cable armour wires, and spring steel wires; and other wire products comprising barbed, hairclip, steel wool, umbrella rib, nail, stitching, patented, poultry, electrode, fan wires, etc.

It serves various clients in the government and private sectors comprising power, construction, automobile, general engineering, and domestic sectors. The company also exports its products.

Geekay Wires Ltd was incorporated in 1989 and is based in Hyderabad, India.

Objects of the Issue:

The Objects of the Issue is to raise funds for:

  1. Long term working capital requirement;
  2. General Corporate Purposes.
  3. Issue related expenses.
Geekay Wire Ltd IPO (GWL IPO) Details:
  1. Issue Open: August 09, 2017 – August 14, 2017
  2. Issue Type: Fixed Price Issue IPO
  3. Face Value: Rs 10 Per Equity Share
  4. Issue Size: 33,32,000 Equity Shares of Rs 10 aggregating up to Rs 11.00 Cr
  5. Issue Price: Rs 33 Per Equity Share
  6. Market Lot: 4000 Shares
  7. Minimum Order Quantity: 4000 Shares
  8. Listing At: NSE SME

Book Running Lead Manager:

60, Khatau Building, Ground Floor,
Alkesh Dinesh Modi Marg, Fort, Mumbai – 400 001
Tel No.: +91 – 22 – 6216 6999 Fax No.: +91 – 22 – 2263 0434
Investor Grievance Email:


1st floor, Bharat Tin works Building, Opposite Vasant Oasis,
Marol Maroshi Road, Marol, Andheri (East), Mumbai – 400059
Tel. No.: +91 – 22 – 6263 8200 Fax No.: +91 – 22 – 6263 8299
Investor Grievance Email:

Red Herring Prospectus (RHP) Of Geekay Wire Ltd IPO (GWL IPO):

Geekay Wire Ltd (GWL) IPO Prospectus

Geekay Wire Ltd IPO (GWL IPO) Grey Market Premium (GMP):

Grey Market Premium (GMP) of Geekay Wire Ltd IPO (GWL IPO) is not active as of now.

Geekay Wire Ltd IPO (GWL IPO) Allotment Status:

To Check Geekay Wire Ltd (GWL) IPO Allotment Status : Click Here

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Market Update:

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Au Financiers Ltd (AUFL) IPO also able to list successfully and gave its investors over 51% listing gains.

While Salasar Techno Engineering Ltd IPO (STEL IPO) lists at over 150% gain on first day itself.

Security and Intelligence Services Ltd IPO (SIS IPO) is going to hit market from July 31, 2017 – August 02, 2017. While Cochin Shipyard Ltd IPO (CSL IPO) is also going to hit market from August 01, 2017 – August 03, 2017.

Cochin Shipyard IPO Grey Market Premium (GMP) is trading at Rs 180 – Rs 182 per equity share. While Security and Intelligence Services IPO Grey Market Premium is trading at Rs 55 – Rs 57 per equity share.

Some SME IPO will also be active in market in coming week.

This year we can see some good IPO hitting market like NSE Ltd IPOHDFC Standard life insuranceSBI life insurance IPO etc.

Keep watching this blog to keep yourself updated with all the news.

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