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?
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What is Marco Cables & Conductors IPO Price Band?
Marco Cables & Conductors IPO Price Band is ₹36 consistent with fairness percentage.
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What is Marco Cables & Conductors IPO Allotment Date?
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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