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Marco Cables & Conductors Ltd

Marco Cables & Conductors Ltd

NSE SME · SME IPO
Listed NSE SME SME Live Chart
Issue Price
₹36
₹36
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹36
Based on GMP
Min. Investment
₹108,000
1 lot × 3000 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
21 Sep 2023
Close Date
25 Sep 2023
Allotment
28 Sep 2023
Listing Date
28 Sep 2023
Exchange
NSE SME
Price Band
₹36
Listing Price
See chart
Allotment Status
Price Band
₹36
Per share
Face Value
₹10 per share
 
Lot Size
3,000 Shares
per lot
Issue Size
52,02,000 shares (aggregating up to ₹18.73 Cr)
Total offering
Issue Type
Fixed Price IPO
 
Min Investment
₹108,000
1 lot
Pre-IPO Holding
1,60,98,000 shares
Promoters
Post-IPO Holding
1,86,99,000 shares
Promoters
P/E (Pre)
20.22x
 
P/E (Post)
24x
 
EPS (Pre)
₹1.78
 
UPI Deadline
2023-09-25
Mandate
Anchor AllotmentWed, 20 Sep 2023
Basis of AllotmentThu, 28 Sep 2023
Refund InitiationFri, 29 Sep 2023
Demat CreditTue, 03 Oct 2023
Listing DayThu, 28 Sep 2023
UPI Mandate Deadline2023-09-25
Sale TypeFresh Capital-cum-Offer for Sale
Net Offer to Public49,14,000 shares (aggregating up to ₹17.69 Cr)
Market Maker Quota2,88,000 shares (aggregating up to ₹1.04 Cr)
Fresh Issue Shares23,13,000 shares (aggregating up to ₹8.33 Cr)
Offer for Sale26,01,000 shares of ₹10 (aggregating up to ₹9.36 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Marco Cables & Conductors Ltd IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 25 Sep 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)
Market Maker
Awaited
288,000
₹1.04
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
5,202,000
100% ₹18.73
IPO Shares Offered
Marco Cables & Conductors Ltd IPO total issue size: ₹18.73 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Market Maker 288,000 ₹1.04
5.54%
Total 5,202,000 ₹18.73
100.00%
* Based on upper price band ₹36 per share
Lot Size & Investment
Lot Size
3,000
Shares per Lot
Issue Price
₹36.00
Upper Band
Min Investment
₹108,000
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)26,000₹216,000
Retail (Max — 13 Lots)1339,000₹1,404,000
S-HNI (Min — 14 Lots)1442,000₹1,512,000
B-HNI (Min — 68 Lots)68204,000₹7,344,000
* Issue Price ₹36 × Lot Size 3,000 shares
IPO Schedule
Anchor
20 Sep 2023
✓ Done
IPO Open
21 Sep 2023
✓ Done
IPO Close
25 Sep 2023
✓ Done
Allotment
28 Sep 2023
✓ Done
Refunds
29 Sep 2023
✓ Done
Demat Credit
03 Oct 2023
✓ Done
Listing Day
28 Sep 2023
✓ Done
Marco Cables & Conductors Ltd — Live Price LIVE
₹36.00
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Issue ₹36.00 Live Price
About Marco Cables & Conductors Ltd
Incorporated in 1989, Marco Cables & Conductors Limited is engaged in the business of manufacturing and selling wires, cable wires, and conductors in India.The company's product list includes:LT Aerial Bunched Cables: It is used for overhead Power Distribution. It provides high safety and reliability, lower power losses, and ultimate system economy by reducing installation, maintenance, and operating costs, best for installation in difficult terrains such as hilly areas forest areas, coastal areas, etc.LT PVC Cables.AAAC Conductor: Made from aluminum-magnesium-silicon alloy of high electrical conductivity containing Magnesium (0.6-0.9%) and silicon (0.5-0.9%) to give it better mechanical properties after treatment.LT XLPE Cables: These are manufactured with CU/AI Conductor with XLPE Insulation, Laid up, Inner Taped/Extruded. The armoring is of galvanized mild steel wires/strips. The final outer sheath with high-grade PVC. All are as per relevant IS specifications.ACSR Conductors: ACSR conductor consists of a solid or stranded steel core surrounded by strands of aluminum (E.C. GRADE). ACSR Conductor is available in a wide range of steel, containing carbon from 0.5% to 0.85 %. ACSR Conductor has high Tensile Strength making it useful for for river crossings, overhead ground wires, installations involving extra long spans, etc.Marco Cables & Conductors' manufacturing unit is located at Nasik, Maharashtra, with a combined installed production capacity of 18,000 Kms p.a. as of August 07, 2023.The company recorded Rs. 5,676.79 Lacs, Rs. 5,641.00 Lacs, and Rs. 4,239.18 Lacs in revenue from operations in fiscal 2023, 2022, and 2021 respectively.
Objects of the Issue
1
Funding of capital expenditure requirements of the Company towards purchase of: (i) Solar Power System and (ii) 1 + 12 Rigid Stranding Machine
2
Funding Incremental Working Capital Requirements; and
3
General corporate purposes.
Marco Cables & Conductors Ltd Financials (Amount in ₹ Lakhs)
Revenue from Operations
₹4,282.9
31 Mar 2021
₹5,665.3
31 Mar 2022
₹5,693.7
31 Mar 2023
Profit After Tax (PAT)
₹12.3
31 Mar 2021
₹33.5
31 Mar 2022
₹280.7
31 Mar 2023
Particulars31 Mar 202331 Mar 202231 Mar 2021
Revenue from Operations 5693.72 5665.31 4282.91
EBITDA N/A N/A N/A
Profit After Tax (PAT) 280.71 33.49 12.25
Net Worth 1560.86 944.75 911.25
Total Assets 6993.44 5954.62 5658.84
Reserves & Surplus 1238.90 655.34 621.84
Borrowings 3757.73 3665.19 3522.22
EBITDA Margin (%) N/A
PAT Margin (%) N/A
RoE
22.41%
RoCE
16.93%
RoNW
17.98%
Debt/Equity
2.41
Issue Structure & Shareholding
Total Shares Offered52,02,000 (100.00%)
Net Offer to Public49,14,000 shares (aggregating up to ₹17.69 Cr)
Reserved for Market Maker2,88,000 shares (aggregating up to ₹1.04 Cr)
Pre-Issue Promoter Holding1,60,98,000 shares
Post-Issue Promoter Holding1,86,99,000 shares
P/BV RatioN/A
RoE22.41%
RoCE16.93%
Debt / Equity2.41
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Shreni Shares Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Marco Cables & Conductors Ltd IPO subscribed?

Marco Cables & Conductors Ltd IPO is subscribed 1.00 times by Sep 25, 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 Marco Cables & Conductors Ltd IPO retail subscription status?

The Marco Cables & Conductors Ltd IPO retail category is subscribed 1.00 times as of 25 Sep 2023. The retail portion is oversubscribed.

How to subscribe Marco Cables & Conductors Ltd IPO?

Subscribe via your broker app using ASBA or UPI. Opens 21 Sep 2023 and closes 25 Sep 2023. Min investment: ₹108,000 (1 lot = 3,000 shares). UPI mandate: 2023-09-25.

How many times Marco Cables & Conductors Ltd IPO subscribed?

The Marco Cables & Conductors Ltd IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Marco Cables & Conductors Ltd IPO allotment?

Check allotment on the registrar website (Bigshare Services Pvt.Ltd.) at https://ipo.bigshareonline.com/IPO_Status.html. Enter your PAN, application number or DP/Client ID. Allotment date: 28 Sep 2023. Refunds: on 29 Sep 2023.

When Marco Cables & Conductors Ltd IPO will be listed?

The Marco Cables & Conductors Ltd IPO listing date is 28 Sep 2023, Thursday. Listed on: NSE SME. Issue price: ₹36. Estimated listing: ₹36. GMP: NIL.

When Marco Cables & Conductors Ltd IPO close?

The Marco Cables & Conductors Ltd IPO closes on 25 Sep 2023, Monday. UPI mandate: 2023-09-25. Allotment: 28 Sep 2023. Listing: 28 Sep 2023.