Polycab India Limited IPO
MainboardListed On: Apr 16, 2019 at ₹ 630
₹ 14526 /27 Shares
05 Apr, 2019
Open Date09 Apr, 2019
Close Date15 Apr, 2019
Allotment Date16 Apr, 2019
Listing DateIPO Issue Details
- Issue Price Rs 533/- to Rs 538/-
- Face Value Rs 10 per Equity Share
- Issue Price Total issue of 1,75,82,000 Equity Shares of Rs 10/- at a price of Rs 533/- to Rs 538/- per share aggregating to Rs 945.91 Cr
- Listing at BSE, NSE
- List Price 630
- Listing Date 2019-04-16
- Lead Manager Axis Bank Limited, CitiGroup Global Markets India Private Limited, Edelweiss Capital Limited, IIFL Holdings Limited, Kotak Mahindra Capital Company Limited, Yes Bank Limited.
- Registrar Karvy Fintech Private Limited
IPO Details
- Retail Portion N/A
IPO Details
The IPO of is priced at ₹533 - 538 per equity share, which has a face value of Rs 10 per Equity Share each, IPO bidding starts from Apr 5, 2019 and ends on Apr 9, 2019. The allotment for IPO will be finalized on Apr 15, 2019. IPO will be listed on BSE, NSE, with a tentative listing date fixed as Apr 16, 2019. The company shall list its equity shares on the BSE, NSE. Karvy Fintech Private Limited is the registrar of the issue.
The book-running lead manager for the IPO is/are Axis Bank Limited, CitiGroup Global Markets India Private Limited, Edelweiss Capital Limited, IIFL Holdings Limited, Kotak Mahindra Capital Company Limited, Yes Bank Limited..
The IPO sets its price band at 533 - 538 for each share. A single application for Polycab India Limited IPO must contain at least 27 shares.
Read More
IPO Subscription Analysis And Details
| As on | QIB | NII | Retail | Employee | Total |
|---|---|---|---|---|---|
| Shares Offered / Reserved | 50,04,328 | 37,37,535 | 87,20,914 | 1,75,000 | 1,76,37,777 |
|
Day 1
05-04-19
|
98,32,644 1.96 x | 3,09,231 0.08 | 23,71,032 0.27 x | 80,784 0.46 x | 1,25,93,691 0.71 x |
|
Day 2
08-04-19
|
1,80,28,062 3.60 x | 26,24,589 0.70 | 1,31,81,832 1.51 x | 3,10,500 1.77 x | 3,41,44,983 1.94 x |
|
Day 3
09-04-19
|
46,26,19,890 92.44 x | 41,27,17,005 110.42 | 3,98,30,751 4.57 x | 5,60,250 3.20 x | 91,57,27,896 51.92 x |
Valuations
IPO - Issue Objectives
Scheduled Repayment Of all or a Portion Of Certain borrowings availed by the company
To Fund Incremental Working Capital Requirements of the Company
General Corporate purposes
IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| Polycab Limited | 2.17 | 21.42 | 15.76% | 6,986.13 |
| Havells India Limited | 12.60 | 59.30 | 21.25% | 8,269.01 |
| Bajaj Electrical Limited | 5.74 | 35.16 | 16.31% | 4,695.96 |
| Crompton Greaves Consumer Electrical Limited | 16.83 | 39.51 | 42.61% | 4,105.12 |
| KEI Industries Limited | 5.01 | 19.61 | 25.57% | 3,503.12 |
| V-Guard Industries Limited | 11.82 | 70.61 | 16.74% | 2,335.26 |
IPO - FAQs
Ans. Polycab India Limited IPO is a Mainboard IPO. The issue is priced at Rs 533/- to Rs 538/-. The minimum order quantity is 27 Shares. The IPO opens on Apr 5, 2019, and closes on Apr 9, 2019. Karvy Fintech Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Ans. The Polycab India Limited IPO opens on Apr 5, 2019 and closes on Apr 9, 2019.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Polycab India Limited IPO is Total issue of 1,75,82,000 Equity Shares of Rs 10/- at a price of Rs 533/- to Rs 538/- per share aggregating to Rs 945.91 Cr.
Ans. The Polycab India Limited IPO price band is set between Rs 533/- to Rs 538/-.
Ans. To apply for Polycab India Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Polycab India Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Polycab India Limited IPO is Apr 15, 2019.
Ans. The Polycab India Limited IPO will be listed on Apr 16, 2019.
Ans. Follow the steps to check the Polycab India Limited IPO allotment status online.
