Marco Cables & Conductors IPO GMP today | Gray Market Price Today

Dear investors check out here Marco Cables & Conductors IPO GMP Today. We regularly update Grey Market Premium Today About all IPO. Marco Cables & Conductors IPO GMP today is ₹10.

Dear Investor Marco Cables & Conductors IPO opens on 21 September and closes on 25 September 2023, Price of ₹36 per share. Master Components IPO total issue size is 18.73 Cr.

Marco Cables & Conductors Limited Company Details

Established in 1989, Marco Cables & Conductors Limited specializes in the manufacture and sale of wires, cable wires, and conductors within India.

Their product range includes:

1. LT Aerial Bunched Cables: These are designed for overhead Power Distribution, offering enhanced safety and reliability, reduced power losses, and cost-effectiveness through minimized installation, maintenance, and operational expenses. They are particularly well-suited for challenging terrains such as hilly, forested, and coastal areas.
2. LT PVC Cables.
3. AAAC Conductor: Crafted from a high electrical conductivity aluminum-magnesium-silicon alloy containing magnesium (0.6-0.9%) and silicon (0.5-0.9%), this conductor boasts improved mechanical properties after treatment.
4. LT XLPE Cables: Manufactured with CU/AI Conductor featuring XLPE Insulation, Laid up, Inner Taped/Extruded, and galvanized mild steel wires/strips for armoring. The outer sheath is made of high-grade PVC, all in accordance with relevant IS specifications.
5. ACSR Conductors: Comprising a solid or stranded steel core encircled by aluminum strands (E.C. GRADE), ACSR Conductors are available in various steel compositions, containing carbon ranging from 0.5% to 0.85%. These conductors possess high Tensile Strength, making them suitable for applications such as river crossings, overhead ground wires, and installations with extra-long spans.

Marco Cables & Conductors’ manufacturing facility is situated in Nasik, Maharashtra, with a combined installed production capacity of 18,000 kilometers per annum as of August 7, 2023.

Read More: Marco Cables & Conductors IPO Date, Price, Details, Review, Listing Date

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