Plaza Wires Limited IPO
Plaza Wires Limited IPO is listed on BSE and NSE, priced at ₹51–₹54 per share. The stock debuted at ₹76, delivering a listing gain of 40.7%. The IPO had a lot size of ₹277 shares and a minimum investment of ₹14,958.
Plaza Wires Limited IPO
- IPO Dates
- Sep 29, 2023 – Oct 5, 2023
- Price band
- ₹51-54 per equity share
- Minimum Investment
- ₹14,958
- Issue size
- 13,200,158 shares(aggregating up to ₹71.28 Cr)
- Lot size
- 277
- Allotment Date
- Oct 10, 2023
- Listing
- Oct 12, 2023
- Listing At
- BSE, NSE
IPO timeline
-
Sep 29, 2023
Open Date
Completed
-
Oct 5, 2023
Close Date
Completed
-
Oct 10, 2023
Allotment Date
Completed
-
Oct 12, 2023
Listing Date
Completed
Price Summary
- Last closing
- 49.34 (-8.63%)
- 52 week high
- 65.34
- 52 week low
- 27.00
- Last update
Plaza Wires Limited IPO Essentials
Plaza Wires Limited IPO Details
Plaza Wires Limited IPO is priced at ₹51-54 per share with a total issue size of 13,200,158 shares(aggregating up to ₹71.28 Cr). The IPO has a lot size of 277 shares and is listed on BSE and NSE.
- Issue price
- ₹51-54 per equity share
- Lot size
- 277 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 13,200,158 shares(aggregating up to ₹71.28 Cr)
- Listing at
- BSE, NSE
- List price
- 76.0(NSE)
- Listing date
- Registrar
- Kfin Technologies Limited
- Lead manager
-
Pantomath Capital Advisors Pvt Ltd
Plaza Wires Limited IPO Analytics
Plaza Wires Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Plaza Wires Limited IPO Subscription Status
Plaza Wires 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
bHNI
sHNI
|
Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 6,196,076 |
1,980,023
1,320,015
660,008
|
1,320,015 | 13,200,158 |
|
Day 1
29-09-23 05:00 PM
|
0.00 x |
4.80x
0.xxx
0.xxx
|
27.28 x | 4.80 x |
|
Day 2
03-10-23 05:00 PM
|
0.42 x |
53.26x
0.xxx
0.xxx
|
119.85 x | 28.04 x |
|
Day 3
04-10-23 05:00 PM
|
5.79 x |
132.79x
101.58x
195.22x
|
224.51 x | 62.67 x |
|
Day 4
05-10-23 05:00 PM
|
42.84 x |
388.10x
360.92x
442.48x
|
374.81 x | 160.98 x |
Plaza Wires Limited Valuations
Earnings
- EPS (Post IPO)
- ₹2.46/-
- P/E Ratio
- 21.95
Returns
- RoNW
- 14.16%
Plaza Wires Limited Financials( In Crs.)
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 112.10 | 104.17 | 99.28 |
| Revenue | 182.60 | 176.94 | 145.60 |
| Profit After Tax | 7.51 | 5.95 | 4.24 |
Plaza Wires Limited Company & Offer Insights
About Plaza Wires Limited
Plaza Wires Limited is engaged in the business of manufacturing and selling wires, and selling and marketing LT aluminium cables and fastmoving electrical goods (FMEG) under its flagship brand PLAZA CABLES and home brands such as Action Wires and PCG.
Plaza Wires was originally incorporated as Navratna Wires. Its key products in the wires and cables segment include house wires, single & multicore round flexible industrial cables and industrial cables for submersible pumps & motors up to 1.1kv grade. The company also provides other wires and cable products such as LT power control cables, TV dish antenna co-axial cables, telephone & switchboard industrial cables, computer & LAN networking cables, close circuit television cables and solar cables, PVC insulated tape, and PVC conduit pipe & accessories, through third-party manufacturers.
As part of after-sales service for electric fans, the company has tied up with more than 20 service centers in Uttar Pradesh, Uttarakhand, Jammu and Kashmir, Punjab, Haryana and Tamil Nadu. In 2021, Plaza Wires expanded its product portfolio by launching miniature circuit breakers and distribution boards (DB) in the north and south Indian regions.
As of March 31, 2023, the company has over 1249 authorized dealers and distributors, 3 branch offices in Rajasthan, Uttarakhand, and Uttar Pradesh, 1 branch office cum godown at Maharashtra, 4 warehouses in Uttar Pradesh, Assam, Kerala and Delhi, and C&F agent in 1 state, viz. Punjab.
Plaza Wires Limited Promoter(s)
Mr. Sanjay Gupta, Mrs. Sonia Gupta are the company's promoters of Plaza Wires Limited.
Plaza Wires Limited IPO Issue Objectives
- •
- Funding the capital expenditure towards setting up a new manufacturing unit for house wires, fire-resistant wires & cables, aluminum cables, and solar cables to expand the product portfolio.
- •
- Funding the working capital requirements of the company.
- •
- General corporate purposes.
Plaza Wires Limited IPO - Anchor Investors
Plaza Wires mops up Rs 20 crore from anchor investors ahead of IPO.
Two anchor investors participated in the anchor book, a part of the qualified institutional buyers (QIB) component. Chanakya Opportunities Fund I and Astrone Capital UCC-Arven bought 18.52 lakh equity shares each in the company at Rs 54 per share.
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Plaza Wires Limited IPO is a book-built IPO worth ₹13,200,158 shares(aggregating up to ₹71.28 Cr). The price band is ₹51–₹54 per share. The IPO opens on Sep 29, 2023 and closes on Oct 5, 2023. It will be listed on BSE and NSE. Kfin Technologies Limited is the registrar.
The price band of Plaza Wires Limited IPO is ₹51 to ₹54 per share.
The lot size of Plaza Wires Limited IPO is 277 shares.
The minimum investment for Plaza Wires Limited IPO is approximately ₹14,958 based on the upper price band .
Plaza Wires Limited IPO opens on Sep 29, 2023 and closes on Oct 5, 2023.
The allotment date of Plaza Wires Limited IPO is Oct 10, 2023.
Plaza Wires Limited IPO is expected to be listed on Oct 12, 2023, on BSE and NSE .
Plaza Wires Limited IPO listed on Oct 12, 2023. It was issued at ₹76.0(NSE) and is currently around ₹49.34 as on 14-May-2026 3:30 PM, which is approximately -8.6% versus issue price. The 52-week high is ₹65.34.
Based on listing and post-listing performance, Plaza Wires Limited IPO delivered around -8.6% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.
To buy Plaza Wires Limited IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.
Plaza Wires Limited IPO valuation snapshot: P/E 21.95, EPS ₹2.46/-, P/B N/A, RoNW 14.16%, and market cap N/A.
To apply for Plaza Wires 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 Plaza Wires 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 Plaza Wires Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Plaza Wires Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Plaza Wires Limited IPO allotment status on IPO Ji for quick and easy access.