Marco Cables & Conductors IPO Date, Price, Details, Review, Listing Date

Advertisement

Advertisement

Marco Cables & Conductors IPO Details

Marco cables & conductors Limited IPO opens on Thursday, September 21, 2023, and closes on September 25, 2023. The IPO has a total issue size of ₹18.73 Cr, with Marco Cables & Conductors Limited offering shares at a price range of ₹36 per share. The IPO is scheduled to be listed on the NSE SME.

Marco Cables Conductors IPO Date, Price, Details, Review, Listing Date

Marco Cables & Conductors SME IPO Date

  • Open – Thursday, September 21, 2023
  • Close – Monday, September 25, 2023
  • Basis of Allotment – Thursday, September 28, 2023
  • Refunds – Friday, September 29, 2023
  • A credit of Shares to Demat AC – Tuesday, October 3, 2023
  • Listing Date – Wednesday, October 4, 2023

Marco Cables & Conductors SME IPO Price

  • Face Value – ₹10 per share
  • Price – ₹36 per share
  • Lot Size – 3000 Shares
  • Total Issue Size – 5,202,000 shares
    (aggregating up to ₹18.73 Cr)
  • Fresh Issue – 2,601,000 shares
    (aggregating up to ₹9.36 Cr)
  • Issue Type – Fixed Price Issue IPO
  • Listing At – NSE SME
  • Shareholding pre-issue – 16,098,000
  • Shareholding post issue – 18,699,000

Marco Cables & Conductors IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 3000 ₹108,000
Retail (Max) 1 3000 ₹108,000
HNI (Min) 2 6000 ₹216,000

Marco cables & conductors limited IPO Reservation

  • Shares offered to Anchor Investors: –
  • Shares offered to Market Makers: 288,000 (5.54%)
  • Shares offered to Other Investors: 2,457,000 (47.23%)
  • Shares offered to Retail Investors: 2,457,000 (47.23%)
  • Total shares available in the offering: 5,202,000 (100%)

Marco Cables & Conductors IPO Promoter Holding

Mr. Sumit Sugnomal Kukreja, Mr. Sugnomal Mangandas Kukreja, and Ms. Komal Sumit Kukreja are the company’s promoters.

Pre Issue Share Holding 100.00%
Post Issue Share Holding 72.08%

Marco cables & conductors Limited IPO Financial Report

Amount in ₹ Lakhs

Advertisement

Advertisement

Period Ended 31 Mar 2021 31 Mar 2022 31 Mar 2023
Assets 5,658.84 5,954.62 6,993.44
Revenue 4,282.91 5,665.31 5,693.72
Profit After Tax 12.25 33.49 280.71
Net Worth 911.25 944.75 1,560.86
Reserves and Surplus 621.84 655.34 1,238.90
Total Borrowing 3,522.22 3,665.19 3,757.73

Marco Cables & conductors Limited IPO Reason of issue

The company plans to use the net proceeds from the issue for the following purposes:

Allocation of funds for the following purposes:

  1. Meeting the company’s capital expenditure needs, including the acquisition of a Solar Power System and a 1+12 Rigid Stranding Machine.
  2. Providing additional funding to support increased working capital requirements.
  3. We are utilizing funds for general corporate purposes.

Marco Cables & Conductors Limited Company Contact Information

Marco Cables & Conductors Limited
Shop No 100, Opposite Bhai Gangaram Market,
Main Road, Ulhasnagar,
Thane – 421005,
Phone: 0251 2530332
Email: investors@hmtcable.com
Websitehttps://www.marcocables.com/index

 

Marco Cables & Conductors IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Websitehttps://ipo.bigshareonline.com/ipo_status.html

Marco Cables & Conductors Limited IPO FAQs

How much is Marco Cables & Conductors Limited’s ipo price?

Marco Cables & Conductors Limited’s ipo price is 36 per share.

What is Marco Cables & Conductors Limited’s IPO date?

The Marco Cables & Conductors Limited ipo date is Open on Thursday, September 21, 2023, and closes on Monday, September 25, 2023.

How much is Marco Cables & Conductors Limited ipo gmp?

Marco Cables ipo gmp is 8

2 thoughts on “Marco Cables & Conductors IPO Date, Price, Details, Review, Listing Date”

Leave a Comment

Tata Technologies share price target 2023 आज खुलने जा रहा है सरकारी कंपनी का IPO, दाम 50 रुपये से भी कम,