Home IPO Marco Cables & Conductors IPO Date, Review, Price, Allotment Details

Marco Cables & Conductors IPO Date, Review, Price, Allotment Details

Marco Cables & Conductors IPO Date, Review, Price, Allotment Details

Marco Cables & Conductors are engaged within the trade of producing and promoting wires, cables wires, and conductors in India, with an running historical past of over 34 years within the energy cable business in India. They commenced their operations with the producing of wires (with aluminium/copper conductor), XLPE /PVC cables, and Aerial Bunched Cables, therefore they incorporated AAAC (All Aluminium Alloy Conductor) and ACSR (Aluminium Conductor Steel Reinforced) Conductors and made their presence within the business. They were production XLPE, PVC, and aerial Bunched Cables for the final 3 a long time. Recently, they’ve began ACSR – Aluminium Conductor Steel Reinforced, AAAC – All Aluminium Alloy Conductor, ABC – (Aerial Bunched Cable) for distribution & transmission energy strains. Over the years they’ve advanced experience and upgraded their generation by means of including a number of automated machineries and gear to the plant, which has helped them spice up their manufacturing capability and the standard of the goods. They have the possible to provide the most productive merchandise on the best costs available in the market.

The majority of the goods are equipped to electrical energy forums of various states like Maharashtra, Gujarat, Tamil Nadu, Telangana, Haryana, Chhattisgarh, Madhya Pradesh, and so forth., and turnkey contractors of India. Their merchandise duvet all the vary of voltage & transmission strains appropriate for as much as 1.1 KV. Their merchandise also are qualified as compliant with more than a few high quality requirements together with the Bureau of Indian Standards (BIS) and the International Organization for Standardization (ISO). Their production amenities are provided with an in-house checking out laboratory to make certain that the completed merchandise fit the standard requirements and certifications specified.

Marco Cables & Conductors promote their merchandise via a assorted gross sales & distribution combine, majorly by means of 1) securing govt tenders for provide to govt tasks 2) supplying to EPC contractors for turnkey tasks, and three) direct gross sales to a couple of non-public firms. Over the years, they’ve made steady investments in our production infrastructure to fortify their product portfolio necessities and achieve. The features as a Company come with a strict high quality assurance device, in-depth manufacturing designing enjoy, and established advertising and distribution relationships. They try to ship custom designed merchandise and supply high quality services and products.

Objects of the Issue:

  • Funding of capital expenditure necessities of the corporate against the acquisition of Solar Power System and 1+12 Rigid Stranding Machine.
  • Funding Incremental Working Capital Requirements
  • General company functions

Marco Cables & Conductors IPO Review

Marco Cables & Conductors IPO Date & Price Band Details

IPO Open: September 21, 2023
IPO Close: September 25, 2023
IPO Size: Approx ₹18.73 Crores, 5,202,000 Equity Shares
Face Value: ₹10 Per Equity Share
IPO Price Band: ₹36 Per Equity Share
IPO Listing on: NSE SME
Retail Quota: 50% of the online be offering
QIB Quota: [.]% of the online be offering
NII Quota: 50% of the online be offering
DRHP Draft Prospectus: Click Here
RHP Draft Prospectus: Click Here
Anchor Investors in IPO: Click Here

Marco Cables & Conductors IPO Market Lot

The Marco Cables & Conductors IPO minimal marketplace lot is 3000 stocks with a ₹108,000 utility quantity.

Application Lot Size Shares Amount
Retail Minimum 1 3000 ₹108,000
Retail Maximum 1 3000 ₹108,000
S-HNI Minimum 2 6000 ₹216,000

Marco Cables & Conductors IPO Dates

The Marco Cables & Conductors IPO date is September 21 and the IPO shut date is September 25. The IPO allotment date is September 28 and the IPO would possibly listing on October 4.

IPO Open Date: September 21, 2023
IPO Close Date: September 25, 2023
Basis of Allotment: September 28, 2023
Refunds: September 29, 2023
Credit to Demat Account: October 3, 2023
IPO Listing Date: October 4, 2023

You can take a look at IPO subscription standing and IPO allotment standing on their respective pages.

Marco Cables & Conductors IPO Form

How to use Marco Cables & Conductors IPO? You can practice Marco Cables & Conductors IPO by means of ASBA to be had to your checking account. Just pass to the net financial institution login and practice by means of your checking account by means of settling on the Marco Cables & Conductors IPO within the Invest phase. The different choice you’ll practice Marco Cables & Conductors IPO by means of IPO paperwork obtain by means of the NSE web site. Check out the Marco Cables & Conductors paperwork – click on NSE IPO Forms obtain, fill and post to your financial institution or along with your dealer.

Marco Cables & Conductors Company Financial Report

₹ in Crores
Year Revenue Expense PAT
2021 ₹42.83 ₹42.71 ₹0.12
2022 ₹56.65 ₹56.18 ₹0.34
2023 ₹56.94 ₹53.81 ₹2.81

Marco Cables & Conductors IPO Valuation – FY2023

Check Marco Cables & Conductors IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.

Earning Per Share (EPS): ₹1.78 consistent with Equity Share
Price/Earning P/E Ratio: 20.22
Return on Net Worth (RoNW): 17.98%
Net Asset Value (NAV): ₹9.89 consistent with Equity Share

Peer Group

  • V-Marc India Limited
  • Ultracab (India) Limited
  • Relicab Cable Manufacturing Limited
  • Dynamic Cables Limited
  • Mr. Sumit Sugnomal Kukreja
  • Mr. Sugnomal Mangandas Kukreja
  • Ms. Komal Sumit Kukreja

Marco Cables & Conductors IPO Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com

Marco Cables & Conductors IPO Allotment Status

Check Marco Cables & Conductors IPO allotment standing on Bigshare web site URL. Click Here

Marco Cables & Conductors IPO Lead Managers aka Merchant Bankers

  • Shreni Shares Private Limited

Company Address

Marco Cables & Conductors Limited
Shop No 100, Opposite Bhai Gangaram Market,
Main Road, Ulhasnagar,
Thane – 421005,
Phone: 0251 2530332
Email: [email protected]
Website: https://www.marcocables.com/index

Marco Cables & Conductors IPO FAQs

What is Marco Cables & Conductors IPO?

Marco Cables & Conductors IPO is an NSE SME IPO. They are going to lift ₹18.73 Crores by means of IPO. The factor is priced at ₹36 consistent with fairness percentage. The IPO is to be indexed on NSE.

When Marco Cables & Conductors IPO will open?

The IPO is to open on September 21, 2023 for QIB, NII, and Retail Investors.

What is Marco Cables & Conductors IPO Investors Portion?

The traders’ portion for QIB is [.], NII is 50%, and Retail is 50%.

How to Apply the Marco Cables & Conductors IPO?

You can practice Marco Cables & Conductors IPO by means of ASBA on-line by means of your checking account. You too can practice for ASBA on-line by means of UPI via your inventory agents. You too can practice by means of your inventory agents by means of filling up the offline shape.

How to Apply the Marco Cables & Conductors IPO via Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Marco Cables & Conductors”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now pass on your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Marco Cables & Conductors IPO via Upstox?

Log in to Upstox Application along with your credentials. Select the IPO. You will see the IPO Name “Marco Cables & Conductors”. Click on Bid Button. Confirm your utility. Now pass on your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Marco Cables & Conductors IPO via Paytm Money?

Log in to Paytm Money Application along with your credentials. Select the IPO. You will see the IPO Name “Marco Cables & Conductors”. Click on Bid Button. Confirm your utility. Now pass on your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Marco Cables & Conductors IPO Size?

Marco Cables & Conductors IPO measurement is ₹18.73 crores.

What is Marco Cables & Conductors IPO Price Band?

Marco Cables & Conductors IPO Price Band is ₹36 consistent with fairness percentage.

What is Marco Cables & Conductors IPO Minimum and Maximum Lot Size?

The IPO bid is 3000 stocks with ₹108,000.

What is Marco Cables & Conductors IPO Allotment Date?

Marco Cables & Conductors IPO allotment date is September 28, 2023.

What is Marco Cables & Conductors IPO Listing Date?

Marco Cables & Conductors IPO list date is October 4, 2023. The IPO to listing on NSE SME.

Note: The Marco Cables & Conductors IPO main points are introduced formally. The IPO gray marketplace top class (Marco Cables & Conductors IPO Premium) is up to date at the respective web page. You can take a look at our IPO gray marketplace web page for day-to-day updates.)

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– Source : IPOWATCH

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