Marco Cables IPO will be Open on 21 September 2023 and closes on 25 September 2023. The company has fixed the price of this IPO at ₹36 according to the face value of ₹10. The company will raise ₹18.73 Crores through this IPO under the 5,202,000 Equity Shares public issue, and the offer is 100% Fixed Price Issue. The company reserve quota in this IPO 50% for NII and 50% Retail Investor. You can check Marco Cables IPO GMP here.
Marco Cables & Conductors Limited is engaged in the business of manufacturing and selling of wires, cables wires and conductors in India. The company operations with manufacturing of wires (with aluminium / copper conductor), XLPE /PVC cables, Aerial Bunched Cables, subsequently we included AAAC (All Aluminium Alloy Conductor) and ACSR (Aluminium Conductor Steel Reinforced) Conductors and had made our presence in the industry.
The company manufacturing XLPE, PVC & Aerial Bunched Cables for last 3 decades. Recently, we have started ACSR – Aluminium Conductor Steel Reinforced, AAAC – All Aluminium Alloy Conductor, ABC – (Aerial Bunched Cable) for distribution & transmission power lines. The company manufacturing unit at A-55/56, STICE, Shirdi Road, Sinnar, Nasik – 422103, Maharashtra, India with combined installed production capacity of 18,000 Kms p.a. as on August 07, 2023.
The company Majority of our 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. the products cover entire range of voltage & transmission lines suitable up to 1.1 KV.
The company sell our products through a diversified sales & distribution mix, majorly by 1) securing government tenders for supply to government projects 2) supply to EPC contractors for turnkey projects and 3) direct sales to few private companies. You can check Marco Cables IPO subscription status here.
Objects Of The Issue :
- Funding of capital expenditure requirements of our Company towards purchase of: (i) Solar Power System and (ii) 1 + 12 Rigid Stranding Machine.
- Funding Incremental Working Capital Requirements; and
- General corporate purposes.
Company Strengths :
- Qualifying in BQR of Government tenders
- Assured Quality and High Standard Service
- Strong Customer Base
- Leveraging the experience of our Promoters and Directors
- Customized Product Development
- Strong Financial Management
- Strong Marketing Practices
| Read also: Upcoming IPO List 2023 |
Marco Cables IPO Review :
| Details | Valuation |
| PAT 2023 : Issue Price : EPS 2023 : PE Ratio : ROE : RoNW : ROCE : Debt/Equity : NAV Value : Total Assets : Market Cap : Pre Holding : Post Holding : | ₹2.81 Cr ₹36 Per Shares 1.78 20.22x 22.41 % 17.98 % 16.93 % 2.41 ₹9.89 ₹69.93 Cr ₹67.31 Cr 100.00 % 72.18 % |
| Team Review : | ✔ Apply For Long Term |
Marco Cables IPO GMP Live:
Marco Cables IPO GMP Or Grey Market Premium available here. The SME IPO GMP Premium updated Day By Day IPOs Running Period and the GMP Rates are Fluctuate and stable some times later. (GMP rates are Not 100% Guaranteed)
| Date | GMP | Subject Rate |
| 21 Sep 2023 | ₹7-₹8 | ₹18000 |
| 20 Sep 2023 | ₹0-₹0 | ₹0 |
| 19 Sep 2023 | ₹0-₹0 | ₹0 |
| 18 Sep 2023 | ₹0-₹0 | ₹0 |
Marco Cables IPO Date & Price Band & Details :
| Issue Offer : | Fixed Price Issue |
| IPO Open : | 21 September 2023 |
| IPO Close : | 25 September 2023 |
| Face Value : | ₹10 Equity Share |
| Price Band : | ₹36 Per Share |
| Listing On : | NSE, SME |
| Issue Size : | ₹18.73 Cr {5,202,000 Shares} |
| Fresh Issue : | ₹9.36 Cr (2,601,000 Shares} |
| Offer For Sale : | ₹9.36. Cr {2,601,000 Shares} |
Marco Cables IPO Market Lot :
Marco Cables IPO Minimum Market lot is 1 Lot with 3000 shares with ₹108,000 Application amount. The retail investors can apply up to 1 lots with 3000 Shares or ₹108,000 amounts.
| Category | Lot | Share | Amount |
| Retail (Min) : | 1 | 3000 | ₹108,000 |
| Retail (Max) : | 1 | 3000 | ₹108,000 |
| S-HNI (Min) : | 2 | 6000 | ₹216,000 |
Marco Cables IPO Shares Offer :
A Total of 5,202,000 shares are to be bid for the public issue by Marco Cables IPO with 2,601,000 for Fresh issue and 2,601,000 for offer for sale.
| Category | Shares Offer | Amount |
| Fresh issue : | 2,601,000 | ₹9.36 Cr |
| Offer For Sale : | 2,601,000 | ₹9.36 Cr |
| Total : | 5,202,000 | ₹18.73 Cr |
Marco Cables & Conductors IPO Net Reservation :
Marco Cables & Conductors IPO Net Reservation of 5,202,000 shares are to be bid for the public issue by Marco Cables & Conductors IPO with 24,57,000 for NII 24,57,000 For RII.
| Category | Reservation | Shares | Amount |
| NII : | 50% | 24,57,000 | ₹8.85 Cr |
| RII : | 50% | 24,57,000 | ₹8.85 Cr |
| MMRP : | – % | 2,88,000 | ₹1.03 |
| Total : | 100% | 52,02,000 | ₹18.73 Cr |
Marco Cables & Conductors IPO EPS & RoNW :
The Marco Cables & Conductors company’s EPS & RoNW growth is an Increasing last financial year, which is shown to you in the table here.
| Year | EPS (Rs.) | RoNW % | NAV |
| 2023 | ₹1.78 | 17.98% | ₹9.89 |
| 2022 | ₹0.21 | 3.55% | ₹5.99 |
| 2021 | ₹0.08 | 1.34% | ₹5.78 |
Marco Cables & Conductors IPO Peer Comparison PE :
The Marco Cables & Conductors, According to RHP of the company few company is listed whose PE Multiple is shown in this table.
| Sr. No. | Company | PE Ratio |
| 1. | V-Marc India Limited | 21.92 |
| 2. | Ultracab (India) Limited | 25.92 |
| 3. | Relicab Cable Manufacturing Limited | 53.02 |
| 4. | Dynamic Cables Limited | 41.64 |
Marco Cables & Conductors IPO Dates :
Marco Cables & Conductors IPO Date is 21 September 2023 and closes on 25 September 2023. The allotment will be finalized on 28 September 2023 and the IPO may list on 04 October 2023.
| Issue Open Date : | 21 September 2023 |
| Issue Close Date : | 25 September 2023 |
| Allotment Date : | 28 September 2023 |
| Refund Date : | 29 September 2023 |
| Share Credit Date : | 03 October 2023 |
| Listing Date : | 04 October 2023 |
Marco Cables & Conductors IPO Form :
There are two ways to apply in Marco Cables & Conductors IPO. You can apply for Marco Cables & Conductors IPO through ASBA available in your bank account. You have to go to your online bank login and select Marco Cables & Conductors IPO in the Invest section and apply through your bank account. Another option is you can apply Marco Cables & Conductors IPO through IPO form download through NSE and BSE. See the Marco Cables & Conductors IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Marco Cables & Conductors Company Financial Report (lakh) :
| Year | Revenue | Expense | PAT |
| 2023 | ₹5,693.72 | ₹5,381.24 | ₹280.71 |
| 2022 | ₹5,665.31 | ₹5,617.58 | ₹33.49 |
| 2021 | ₹4,282.91 | ₹4,270.74 | ₹12.25 |
Company Promoters :
■ Mr. Sumit Sugnomal Kukreja
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
Marco Cables & Conductors IPO Lead Managers :
■ Shreni Shares Limited
Marco Cables & Conductors IPO Registrar :
Bigshare Services Private Limited
Office No S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali Caves Road,
Andheri (East) Mumbai – 400 093,
Maharashtra, India
Tel No: 022 – 6263 8200
Email: [email protected]
Investor Grievance E-mail: [email protected]
Website: www.bigshareonline.com
Note: Check Marco Cables & Conductors IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Marco Cables & Conductors Limited
Shop No 100, Opposite Bhai Gangaram Market,
Main Road, Ulhasnagar,
Thane- 421005, Maharashtra, India
Tel No.: 0251 2530332
Email: [email protected]
Website: www.marcocables.com
Marco Cables & Conductors IPO FAQs :
What is Marco Cables & Conductors IPO?
Marco Cables & Conductors IPO is SME IPO. They are going to raise ₹18.73 Crores via IPO. The issue is priced at ₹36 per equity share. The IPO to be listed on NSE, SME.
When Marco Cables & Conductors IPO will open?
The IPO is to open on 21 Sep – 25 Sep for NII & RII.
How much is Marco Cables & Conductors IPO Size?
Marco Cables & Conductors IPO size is ₹18.73 Crores.
How much is the Fresh issue size of Marco Cables & Conductors IPO?
The Fresh issue size of Marco Cables & Conductors IPO ₹9.36 Cr.
How much is the Offer For Sale size of Marco Cables & Conductors IPO?
The Offer For Sale size of Marco Cables & Conductors IPO ₹9.36 Cr.
What is Marco Cables & Conductors IPO Price Band?
Marco Cables & Conductors IPO Price Band is ₹36 Per share.
What is the Marco Cables & Conductors IPO Minimum and Maximum Lot Size?
The minimum bid is 3000 Shares with ₹108,000 amount while the maximum bid is 3000 shares with ₹108,000.
How much is Marco Cables & Conductors IPO Investors Portion?
The investors’ portion for QIB 0%, NII 50%, RII 50%.
When is Marco Cables & Conductors IPO Allotment Date?
Marco Cables & Conductors IPO allotment date is 28 September 2023.
When is Marco Cables & Conductors IPO Listing Date?
Marco Cables & Conductors IPO listing date is 04 October 2023. The IPO to list on NSE, SME.
How to Apply the Marco Cables & Conductors IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Marco Cables & Conductors IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Marco Cables & Conductors IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Marco Cables & Conductors IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Marco Cables & Conductors IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Marco Cables & Conductors IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Marco Cables & Conductors IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Marco Cables & Conductors IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Marco Cables & Conductors GMP: Click Here Marco Cables & Conductors Subscription: Click Here Marco Cables & Conductors Allotment: Click Here Marco Cables & Conductors Listing: Click Here |
All Marco Cables & Conductors IPO-related links are available here. If you want to know the details then click on Click Here Link.
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