Marco Cables & Conductors Limited

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: