IPO Premiums
IPO calendar
PWPLAZACABLEListed

Plaza Wires Limited

Book Built Issue IPO · NSE, BSE

Price band
₹51 - ₹54
Lot size
277 shares
Issue amount
₹71.28 cr
Total subscription
160.97×
Current price₹55.42
Listing price ₹76
Watch live price ↗
Opens
29 Sept 2023
Closes
5 Oct 2023
Allotment
10 Oct 2023
Listing
12 Oct 2023

Offer at a glance

Issue overview

Issue size
1,32,00,158 shares
Face value
₹10 per share
Minimum investment
₹14,127
Fresh issue
₹71.28 cr
Offer for sale
₹0 cr
Registrar
Kfin Technologies Limited
Listing exchange
NSE, BSE
Maximum investment
₹14,958
Issue type
Book Built Issue IPO
Shares before issue
3,05,51,920
Shares after issue
4,37,52,078

Lot sizes

CategoryLotsSharesAmount
RETAIL1277₹14,958
sHNI143,878₹2,09,412
bHNI6718,559₹10,02,186

Share reservation

QIB75%
NII (HNI)15%
RETAIL10%

Subscription & GMP

Subscription by category

Total subscribed160.97×

Missing multiples are calculated from bids and offered shares when available.

QIB42.84×
NIB388.08×
HNIs(10L +)360.92×
HNIs (2-10L)442.42×
RETAIL374.81×

GMP history

0132618 Mar: ₹265 Nov: ₹26
18 Mar₹265 Nov

Subscription demand

Amounts in ₹ crore. HNI subcategories are included in the NII total.

CategoryOfferedDemand
QIBs33.461,433.5
RETAIL7.132,671.68
NIB10.694,149.44
HNIs 2+3.561,576.79
HNIs 10+7.132,572.64

Financial performance

Company financials

In Crores · Reported periods may include interim results.

Revenue & profit In Crores
050100150200Mar 2021 · Revenue: 145.6Mar 2021 · Profit after tax: 4.24Mar 2021Mar 2022 · Revenue: 176.94Mar 2022 · Profit after tax: 5.95Mar 2022Mar 2023 · Revenue: 182.6Mar 2023 · Profit after tax: 7.51Mar 2023
RevenueProfit after tax

Key performance indicators

MetricValues
EPS2.46
ROE14.15
ROCE15.57
RONW14.16
PRE IPO(PE)21.95
POST IPO(PE)0

Values and labels as reported in the issue data.

Company information

Company profile

Incorporated in 2006, Plaza Wires Limited, originally Navratna Wires, manufactures and markets wires, LT aluminium cables, and fast-moving electrical goods under its flagship brand "PLAZA CABLES" and home brands "Action Wires" and "PCG." Its product range includes house wires, single & multicore industrial cables, submersible pump cables, LT power control cables, coaxial cables, telephone & LAN cables, CCTV cables, solar cables, PVC insulated tape, and PVC conduit pipes, along with miniature circuit breakers and distribution boards. The company supports after-sales service through over 20 service centers across multiple states and has a distribution network comprising 1,249 authorized dealers and distributors, branch offices, warehouses, and C&F agents across India.

Promoters

Mr. Sanjay Gupta

Mrs. Sonia Gupta

Registrar & documents

Lead manager

Pantomath Capital Advisors Private Limited

Registered office

A-74 Okhla Industrial Area, Phase-2 New Delhi South Delhi - 110020

011-66369696

[email protected]Company website ↗

Understanding PLAZACABLE IPO data

Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.