Plaza Wires IPO Date, Review, Price, Allotment, Analysis

Plaza Wires is an ISO 9001:2015 and 14001:2015 qualified corporate engaged within the industry of producing and promoting wires, and promoting and advertising and marketing of LT aluminum cables and fast-paced electric items (FMEG) below their flagship logo “PLAZA CABLES” and residential manufacturers similar to “Action Wires” and “PCG”. Their industry used to be began with a imaginative and prescient to create a distinct segment within the home twine and cable trade with an method to offer quantitative and qualitative merchandise at aggressive costs to shoppers from more than a few socio-economic backgrounds. In 2021, they introduced a line of space twine below the emblem “Action Wires” for merchandise at a cheap value vary.

According to the Resurgent India Research Report, they’re one of the crucial rising producers within the wires and cables trade within the northern area of India and supply an in depth vary of wires and cables. Their product combine incorporates various kinds of wires and cables, and FMEG similar to electrical enthusiasts, water warmers, switches, and switchgears, PVC insulated electric tape, and PVC conduit pipe & equipment. According to Resurgent India Limited, the wires and cables trade in India, in price phrases, has grown at a compound annual expansion fee (CAGR) of roughly 13.68% within the closing 5 years to achieve ₹788.00 billion in Fiscal 2021. Resurgent India Limited expects the wires and cables trade in India to make bigger at a CAGR of roughly 14.50% in price phrases to achieve roughly ₹1550.00 billion by way of Fiscal 2026.

Their key merchandise within the wires and cables phase are construction wires sometimes called space wires, unmarried & multicore spherical versatile commercial cables, and commercial cables for submersible pumps & motors as much as 1.1kv grade. For different wires and cable merchandise similar to LT energy regulate cables, TV dish antenna co-axial cables, phone & switchboard commercial cables, pc & LAN networking cables, shut circuit tv cables and sun cables, PVC insulated tape, and PVC conduit pipe & equipment, they input into casual preparations with third-party producers who manufacture their merchandise in keeping with their necessities. They have over 1249 approved sellers and vendors pan India and C & F brokers in states, viz. Punjab for the duration ended on March 31, 2023. They provide their merchandise throughout more than a few states, principally in states of Delhi, Uttar Pradesh, Haryana, Kerala, and Rajasthan.

Objects of the Issue

• Funding the capital expenditure against putting in a brand new production unit for space wires, fire-resistant wires & cables, aluminum cables, and sun cables to make bigger the product portfolio.
• Funding the running capital necessities of the corporate.
• General company functions.

Plaza Wires IPO Review (Apply or Not)

Brokerage Firm IPO Review

• Capital Market: To be up to date quickly
• Religare Broking: To be up to date quickly
• Hem Securities: To be up to date quickly
• Arihant Capital: To be up to date quickly

Plaza Wires IPO Date & Price Band Details

Plaza Wires IPO Market Lot

The Plaza Wires IPO minimal marketplace lot is 277 stocks with ₹14,958 utility quantity. The retail traders can practice up-to 13 a lot with 3601 stocks or ₹194,454 quantity.

Plaza Wires IPO Allotment & Listing Dates

The Plaza Wires IPO date is September 29 and the shut date is October 4. The Plaza Wires IPO allotment shall be finalized on October 9 and the IPO checklist on October 12.

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

Plaza Wires IPO Form

How to use for the Plaza Wires IPO? You can practice for Plaza Wires IPO by way of ASBA to be had for your checking account. Just move to the net financial institution login and practice by way of your checking account by way of settling on the Plaza Wires IPO within the Invest segment. The different choice is you’ll practice for Plaza Wires IPO by way of IPO bureaucracy downloaded by way of NSE and BSE. Check out the Plaza Wires bureaucracy – Click BSE Forms & NSE Forms clean IPO bureaucracy obtain, fill, and put up for your financial institution or together with your dealer.

Plaza Wires Company Financial Report

Plaza Wires IPO Valuation – FY2023

Check Plaza Wires 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.

Peer Group

• Cords Cable Industries Ltd
• Ultracab (India) Ltd
• V-Marc India Limited
• Dynamic Cables Limited
• Paramount Communications Limited

• Mr. Sanjay Gupta
• Mrs. Sonia Gupta

Plaza Wires IPO Registrar

Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/

Plaza Wires IPO Allotment Status Check

Check Plaza Wires IPO allotment standing on Kfin Technologies website online allotment URL. Click Here

Plaza Wires IPO Lead Managers aka Merchant Bankers

• Pantomath Capital Advisors Pvt Ltd

Company Address

Plaza Wires Limited
A-74 Okhla Industrial Area,
Phase-2 New Delhi
South Delhi – 110020
Phone: 011-66369696
Email: [email protected]
Website: https://www.plazawires.in/

Plaza Wires IPO FAQs

Note: The Plaza Wires IPO value band and date are formally introduced but. The IPO gray marketplace top class (Plaza Wires IPO Premium) shall be added to the IPO gray marketplace web page as it’s going to get started).

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