Marco Cables & Conductors Limited IPO
Marco Cables & Conductors Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹36 per share. The stock debuted at ₹38.7, delivering a listing gain of 7.5%. The IPO had a lot size of ₹3000 shares and a minimum investment of ₹1,08,000.
Marco Cables & Conductors Limited IPO
- IPO Dates
- Sep 21, 2023 – Sep 25, 2023
- Price band
- ₹36 per equity share
- Minimum Investment
- ₹1,08,000
- Issue size
- 5,202,000 shares(aggregating up to ₹18.73 Cr)
- Lot size
- 3000
- Allotment Date
- Sep 26, 2023
- Listing
- Sep 28, 2023
- Listing At
- NSE SME
IPO timeline
-
Sep 21, 2023
Open Date
Completed
-
Sep 25, 2023
Close Date
Completed
-
Sep 26, 2023
Allotment Date
Completed
-
Sep 28, 2023
Listing Date
Completed
Marco Cables & Conductors Limited IPO Essentials
Marco Cables & Conductors Limited IPO Details
Marco Cables & Conductors Limited IPO is priced at ₹36 per share with a total issue size of 5,202,000 shares(aggregating up to ₹18.73 Cr). The IPO has a lot size of 3000 shares and is listed on NSE SME.
- Issue price
- ₹36 per equity share
- Lot size
- 3000 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 5,202,000 shares(aggregating up to ₹18.73 Cr)
- Listing at
- NSE SME
- List price
- 38.7
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
Shreni Shares Private Limited
Marco Cables & Conductors Limited IPO Details
- Retail Portion 50%
Marco Cables & Conductors Limited IPO Documents
Marco Cables & Conductors Limited IPO Analytics
Marco Cables & Conductors Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Marco Cables & Conductors Limited IPO Subscription Status
Marco Cables & Conductors Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Day 1 - 21-09-23 05:00 PM | (1.07) x | 1.55 x | 1.31 x |
|
Day 2
22-09-23 05:00 PM
|
(1.82) x | 5.13 x | 3.48 x |
|
Day 3
25-09-23 05:00 PM
|
(22.28) x | 35.24 x | 29.86 x |
Marco Cables & Conductors Limited Valuations
Earnings
- EPS (Post IPO)
- ₹1.78/-
- P/E Ratio
- 20.22
Returns
- RoNW
- 17.98%
Marco Cables & Conductors Limited Financials( In Lakhs)
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 6,993.44 | 5,954.62 | 5,658.84 |
| Revenue | 5,693.72 | 5,665.31 | 4,282.91 |
| Profit After Tax | 280.71 | 33.49 | 12.25 |
Marco Cables & Conductors Limited Company & Offer Insights
About Marco Cables & Conductors Limited
Marco Cables & Conductors Limited is engaged in the business of manufacturing and selling wires, cable wires, and conductors in India.
The company's product list includes:
1. LT Aerial Bunched Cables: It is used for overhead Power Distribution. It provides high safety and reliability, lower power losses, and ultimate system economy by reducing installation, maintenance, and operating costs, best for installation in difficult terrains such as hilly areas forest areas, coastal areas, etc.
2. LT PVC Cables.
3. AAAC Conductor: Made from aluminum-magnesium-silicon alloy of high electrical conductivity containing Magnesium (0.6-0.9%) and silicon (0.5-0.9%) to give it better mechanical properties after treatment.
4. LT XLPE Cables: These are manufactured with CU/AI Conductor with XLPE Insulation, Laid up, Inner Taped/Extruded. The armoring is of galvanized mild steel wires/strips. The final outer sheath with high-grade PVC. All are as per relevant IS specifications.
5. ACSR Conductors: ACSR conductor consists of a solid or stranded steel core surrounded by strands of aluminum (E.C. GRADE). ACSR Conductor is available in a wide range of steel, containing carbon from 0.5% to 0.85 %. ACSR Conductor has high Tensile Strength making it useful for for river crossings, overhead ground wires, installations involving extra long spans, etc.
Marco Cables & Conductors' manufacturing unit is located at Nasik, Maharashtra, with a combined installed production capacity of 18,000 Kms p.a. as of August 07, 2023.
Marco Cables & Conductors Limited Promoter(s)
Mr. Sumit Sugnomal Kukreja, Mr. Sugnomal Mangandas Kukreja, Ms. Komal Sumit Kukreja are the company's promoters of Marco Cables & Conductors Limited.
Marco Cables & Conductors Limited IPO Issue Objectives
- •
- Funding of capital expenditure requirements of the company towards the purchase of Solar Power System and 1+12 Rigid Stranding Machine.
- •
- Funding Incremental Working Capital Requirements
- •
- General corporate purposes.
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Marco Cables & Conductors Limited IPO is a Fixed Priced IPO worth ₹5,202,000 shares(aggregating up to ₹18.73 Cr). The issue price is ₹36 per share (fixed price). The IPO opens on Sep 21, 2023 and closes on Sep 25, 2023. It will be listed on NSE SME Platform. Bigshare Services Pvt Ltd is the registrar.
The issue price of Marco Cables & Conductors Limited IPO is ₹36 per share (fixed price).
The lot size of Marco Cables & Conductors Limited IPO is 3000 shares.
The minimum investment for Marco Cables & Conductors Limited IPO is approximately ₹1,08,000 based on the issue price .
Marco Cables & Conductors Limited IPO opens on Sep 21, 2023 and closes on Sep 25, 2023.
The allotment date of Marco Cables & Conductors Limited IPO is Sep 26, 2023.
Marco Cables & Conductors Limited IPO is expected to be listed on Sep 28, 2023, on NSE SME Platform.
Marco Cables & Conductors Limited IPO valuation snapshot: P/E 20.22, EPS ₹1.78/-, P/B N/A, RoNW 17.98%, and market cap N/A.
To apply for Marco Cables & Conductors Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Marco Cables & Conductors Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Marco Cables & Conductors Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Marco Cables & Conductors Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Marco Cables & Conductors Limited IPO allotment status on IPO Ji for quick and easy access.