Plaza Wires Ltd IPO
Price Range
₹51 - ₹54
-
Min. Quantity
277 Shares
Closes on
5 October 2023
-
Min. investment
₹14,958
Plaza Wires Ltd IPO Timeline
| Event | Date |
|---|---|
| Plaza Wires Ltd IPO Opening Date | 29 September 2023 |
| Plaza Wires Ltd IPO Closing Date | 5 October 2023 |
| Basis of Allotment | 10 October 2023 |
| Initiation of Refunds | 11 October 2023 |
| Credit of Shares to Demat | 12 October 2023 |
| Plaza Wires Ltd IPO Listing Date | 12 October 2023 |
Plaza Wires Ltd IPO Details
| Plaza Wires Ltd IPO Date | 29 September 2023 to 5 October 2023 |
| Plaza Wires Ltd IPO Face Value | ₹10 per share |
| Plaza Wires Ltd IPO Price | ₹51 to ₹54 per share |
| Plaza Wires Ltd IPO Lot Size | 277 |
| Issue Size | Shares of ₹10 (aggregating up to ₹71.28 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹71.28 Cr) |
| Offer for Sale | - |
| Issue Type | (Book Built Portion) |
| Listing At | BSE, NSE |
| QIB Shares Offered | Not more than 61,96,076 of the Net Offer |
| Retail Shares Offered | Not less than 13,20,015 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 19,80,023 of the Net Offer |
| Company Promoters | Sanjay Gupta, Sonia Gupta |
Plaza Wires Ltd IPO Lot Size
The Plaza Wires Ltd IPO lot size is 277 shares. A retail-individual investor can apply for up to 13 lots (3,601 shares or ₹1,94,454).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 277 | ₹14,958 |
| Maximum | 13 | 3,601 | ₹1,94,454 |
- Strengths
- Risks
- Opportunities
- Product portfolio focused on various customer segments and markets.
- The Company's distribution network.
- Its management and dedicated employee base.
Company Financials
Plaza Wires Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2025 | 163.66 | 219.01 | 2.88 |
| 03-2024 | 172.77 | 199.91 | 3.68 |
| 03-2023 | 112.1 | 182.59 | 7.30 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding the capital expenditure towards setting up of proposed manufacturing unit for house wires, fire-resistant wire & cables, aluminum cables and solar cables to expand the product portfolio
- Funding the working capital requirements of the company
- General corporate purposes
Plaza Wires Ltd IPO Promoter Holding
| Pre Issue Share Holding | 51.95% |
| Post Issue Share Holding | 36.28% |
Plaza Wires Ltd IPO Subscription Status (Bidding Detail)
The Plaza Wires Ltd IPO is subscribed 160.97 times on 5 October 2023 05:00:00 PM. The public issue subscribed 374.81 times in the retail category, 42.84 times in the QIB category, and 388.09 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 42.84 | 388.09 | 374.81 | - | 160.97 |
Plaza Wires Ltd IPO Prospectus
Plaza Wires Ltd IPO Listing Date
| BSE Script | |
| NSE Symbol | |
| Listing In | BSE, NSE |
| ISIN | INE0INJ01017 |
| IPO Price | ₹- |
| Face Value | ₹- |
Company Contact Information
A-74 Okhla Industrial AreaPhase-2,New Delhi-110020
Phone: 91-11-66369696
Email: compliance@plazawires.in
Website: www.plazawires.in
Plaza Wires Ltd IPO Registrar
Plaza Wires Ltd IPO Lead Manager(s)
- Pantomath Capital Advisors Pvt Ltd
How to Check the Allotment Status of Plaza Wires Ltd IPO?
To check the IPO allotment status, follow these steps:
- Visit the official website of the IPO registrar.
- Navigate to the IPO Allotment Status page.
- Select “Plaza Wires Ltd” from the list of available IPOs.
- Enter any one of these - PAN Number, Application Number, DP/Client ID.
- Click on Submit to view your allotment status.
About Plaza Wires Ltd IPO
Plaza Wires Limited was originally incorporated as Navratna Wires Private Limited' on August 23, 2006 with the RoC, Delhi and Haryana. The Company converted to Plaza General Cable Wire Private Limited on October 26, 2007 and further to Plaza Wires Private Limited' on February 06, 2009. Thereafter, Company converted the status into a Public Limited and name of the Company got changed to Plaza Wires Limited' w.e.f. March 10, 2022.