Marco Cable IPO Subscription status Live Today

Marco Cables & Conductors IPO Subscription Status Live: The Marco Cables & Conductors IPO has garnered 3.48 times its subscription rate. In specific categories, the retail category saw a subscription rate of 5.13 times, the Other category reached 1.82 times, as of September 24, 2023.

Marco Cables & Conductors IPO Subscription Details today

Here are the subscription details for the Marco Cables & Conductors IPO (in times) on different days:

Table of Contents

Day 1 (Sep 21, 2023):

- NII: 1.08 times
- Retail: 1.60 times
- Total: 1.34 times

Day 2 (Sep 22, 2023):

- NII: 1.82 times
- Retail: 5.13 times
- Total: 3.48 times

Day 3 (Sep 23, 2023):

Marco Cables & Conductors IPO Shares Offered

Marco Cables & Conductors IPO is making available a total of 5,202,000 equity shares to the public. This offering comprises 2,457,000 shares allocated for retail investors and an equal number of shares, 2,457,000, for other types of investors. The latter category encompasses High Net Worth Individuals (HNIs), corporations, and institutions, including Non-Institutional Investors (NIIs) and Qualified Institutional Buyers (QIBs).

Here are the details of the Marco Cables & Conductors IPO shares offered in different categories:

Market Maker: 288,000 shares, totaling ₹1.04 crore, accounting for 5.54% of the offering.
Other: 2,457,000 shares, amounting to ₹8.85 crore, representing 47.23% of the total offering.
Retail: 2,457,000 shares, also amounting to ₹8.85 crore, constituting 47.23% of the total offering.

In summary, Marco Cables & Conductors IPO is releasing a total of 5,202,000 equity shares with a combined value of ₹18.73 crore, representing 100% of the offering.