Marco Cables & Conductors Limited

Marco Cables & Conductors Limited

listed
₹1.08LMin. investment
  1. Bid start
    21 Sep
  2. Bid end
    25 Sep
  3. Allotment
    23 Sep
  4. Release of funds
    27 Sep
  5. Demat transfer
    27 Sep
  6. Listing
    28 Sep

Marco Cables & Conductors Limited IPO Details

Price range₹36.00 – ₹36.00
IPO type
SME
Lot size3000 shares
Issue size₹18.73Cr

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About the Marco Cables & Conductors Limited IPO:

Incorporated in 1989, Marco cables & conductors limited  is engaged in the business of manufacturing and selling of wires, cables wires and conductors in India, with an operating history of over 34 years in the power cable industry in India. They commenced their operations with manufacturing of wires (with aluminium / copper conductor), XLPE /PVC cables, Aerial Bunched Cables, subsequently they included AAAC (All Aluminium Alloy Conductor) and ACSR (Aluminium Conductor Steel Reinforced) Conductors. They  have been manufacturing XLPE, PVC & Aerial Bunched Cables for the last  more than 3 decades.

Majority of their products are supplied to electricity boards of different states like Maharashtra, Gujarat, Tamil Nadu, Telangana, Haryana, Chhattisgarh, Madhya Pradesh etc. and turnkey contractors of India. They also sell their products through a diversified sales & distribution mix, majorly by  securing government tenders for supply to government projects, supply to EPC contractors for turnkey projects and direct sales to few private companies.

Now, Marco cables & conductors limited is coming out with its initial public offer (IPO).  The IPO will be a fresh issue. The money raised will be utilised for Funding of capital expenditure requirements of our Company towards purchase of Solar Power System and 1 + 12 Rigid Stranding Machine, Funding Incremental Working Capital Requirements & General Corporate Purpose.

Here are key details about the Marco Cables & Conductors Limited IPO:

Company NameMarco Cables & Conductors  Limited Company TypePrivate
Marco Cables & Conductors Limited IPO Opening Date21st September, 2023Marco Cables & Conductors Limited IPO Price band₹36 per share

Frequently asked questions

How to invest in the Marco Cables & Conductors Limited ?

Investors can apply for the Marco Cables & Conductors Limited through their Demat account via the stock exchange or through their broker.

What is the issue size of Marco Cables & Conductors Limited ?

The issue size of the Marco Cables & Conductors Limited is 18.73 Cr.

What is 'pre-apply' for Marco Cables & Conductors Limited ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Marco Cables & Conductors Limited shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.