PLAZA WIRES LTD.● IPO DETAIL GMPNIL STATUSListed IPOCloudTrack Every IPO PLAZA WIRES LTD.● IPO DETAIL GMPNIL STATUSListed IPOCloudTrack Every IPO
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Plaza Wires Ltd.

Plaza Wires Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹54
₹54
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹54
Based on GMP
Min. Investment
₹14,958
1 lot × 277 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
29 Sep 2023
Close Date
05 Oct 2023
Allotment
09 Oct 2023
Listing Date
12 Oct 2023
Exchange
NSE & BSE
Price Band
₹54
Listing Price
See chart
Allotment Status
Price Band
₹54
Per share
Face Value
₹10 per share
 
Lot Size
277 Shares
per lot
Issue Size
1,32,00,158 shares (aggregating up to ₹71.28 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,958
1 lot
Post-IPO Holding
4,37,52,078 shares
Promoters
P/E (Pre)
21.95x
 
EPS (Pre)
₹2.46
 
UPI Deadline
2023-10-05
Mandate
Anchor AllotmentWed, 27 Sep 2023
Basis of AllotmentMon, 09 Oct 2023
Refund InitiationWed, 11 Oct 2023
Demat CreditThu, 12 Oct 2023
Listing DayThu, 12 Oct 2023
UPI Mandate Deadline2023-10-05
Sale TypeFresh Capital
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Plaza Wires Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 05 Oct 2023.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
13,200,158
100% ₹71.28
IPO Shares Offered
Plaza Wires Ltd. IPO total issue size: ₹71.28 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 13,200,158 ₹71.28
100.00%
* Based on upper price band ₹54 per share
Lot Size & Investment
Lot Size
277
Shares per Lot
Issue Price
₹54.00
Upper Band
Min Investment
₹14,958
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)2554₹29,916
Retail (Max — 13 Lots)133,601₹194,454
S-HNI (Min — 14 Lots)143,878₹209,412
B-HNI (Min — 68 Lots)6818,836₹1,017,144
* Issue Price ₹54 × Lot Size 277 shares
IPO Schedule
Anchor
27 Sep 2023
✓ Done
IPO Open
29 Sep 2023
✓ Done
IPO Close
05 Oct 2023
✓ Done
Allotment
09 Oct 2023
✓ Done
Refunds
11 Oct 2023
✓ Done
Demat Credit
12 Oct 2023
✓ Done
Listing Day
12 Oct 2023
✓ Done
Plaza Wires Ltd. — Live Price LIVE
₹54.00
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Issue ₹54.00 Live Price
About Plaza Wires Ltd.
Incorporated in 2006, Plaza Wires Limited is engaged in the business of manufacturing and selling wires, and selling and marketing LT aluminium cables and fastmoving electrical goods (FMEG) under its flagship brand "PLAZA CABLES" and home brands such as "Action Wires" and "PCG".Plaza Wires was originally incorporated as Navratna Wires. Its key products in the wires and cables segment include house wires, single & multicore round flexible industrial cables and industrial cables for submersible pumps & motors up to 1.1kv grade. The company also provides other wires and cable products such as LT power control cables, TV dish antenna co-axial cables, telephone & switchboard industrial cables, computer & LAN networking cables, close circuit television cables and solar cables, PVC insulated tape, and PVC conduit pipe & accessories, through third-party manufacturers.As part of after-sales service for electric fans, the company has tied up with more than 20 service centers in Uttar Pradesh, Uttarakhand, Jammu and Kashmir, Punjab, Haryana and Tamil Nadu. In 2021, Plaza Wires expanded its product portfolio by launching miniature circuit breakers and distribution boards (DB) in the north and south Indian regions.As of March 31, 2023, the company has over 1249 authorized dealers and distributors, 3 branch offices in Rajasthan, Uttarakhand, and Uttar Pradesh, 1 branch office cum godown at Maharashtra, 4 warehouses in Uttar Pradesh, Assam, Kerala and Delhi, and C&F agent in 1 state, viz. Punjab.
Objects of the Issue
1
Funding the capital expenditure towards setting up a new manufacturing unit for house wires, fire-resistant wires & cables, aluminum cables, and solar cables to expand the product portfolio.
2
Funding the working capital requirements of the company.
3
General corporate purposes.
Plaza Wires Ltd. Financials (Amount in Crore)
Revenue from Operations
₹145.6
31 Mar 2021
₹176.9
31 Mar 2022
₹182.6
31 Mar 2023
Profit After Tax (PAT)
₹4.2
31 Mar 2021
₹6.0
31 Mar 2022
₹7.5
31 Mar 2023
Particulars31 Mar 202331 Mar 202231 Mar 2021
Revenue from Operations 182.60 176.94 145.60
EBITDA N/A N/A N/A
Profit After Tax (PAT) 7.51 5.95 4.24
Net Worth 53.08 45.52 39.48
Total Assets 112.10 104.17 99.28
Reserves & Surplus 22.53 14.96 35.66
Borrowings 39.68 40.09 43.30
EBITDA Margin (%) N/A
PAT Margin (%) N/A
RoE
14.15%
RoCE
15.57%
RoNW
14.16%
Debt/Equity
0.75
Issue Structure & Shareholding
Total Shares Offered1,32,00,158 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter HoldingN/A
Post-Issue Promoter Holding4,37,52,078 shares
P/BV RatioN/A
RoE14.15%
RoCE15.57%
Debt / Equity0.75
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Pantomath Capital Advisors Pvt.Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Plaza Wires Ltd. IPO subscribed?

Plaza Wires Ltd. IPO is subscribed 1.00 times by Oct 05, 2023. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Plaza Wires Ltd. IPO retail subscription status?

The Plaza Wires Ltd. IPO retail category is subscribed 1.00 times as of 05 Oct 2023. The retail portion is oversubscribed.

How to subscribe Plaza Wires Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 29 Sep 2023 and closes 05 Oct 2023. Min investment: ₹14,958 (1 lot = 277 shares). UPI mandate: 2023-10-05.

How many times Plaza Wires Ltd. IPO subscribed?

The Plaza Wires Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Plaza Wires Ltd. IPO allotment?

Check allotment on the registrar website (Kfin Technologies Ltd.) at https://ipostatus.kfintech.com/. Enter your PAN, application number or DP/Client ID. Allotment date: 09 Oct 2023. Refunds: on 11 Oct 2023.

When Plaza Wires Ltd. IPO will be listed?

The Plaza Wires Ltd. IPO listing date is 12 Oct 2023, Thursday. Listed on: NSE & BSE. Issue price: ₹54. Estimated listing: ₹54. GMP: NIL.

When Plaza Wires Ltd. IPO close?

The Plaza Wires Ltd. IPO closes on 05 Oct 2023, Thursday. UPI mandate: 2023-10-05. Allotment: 09 Oct 2023. Listing: 12 Oct 2023.