The wires manufacturing company Plaza Wires IPO will be hit the market 29 September 2023 and closes on 04 October 2023. The Company has filed the RHP of this IPO. According to RHP, the company wants to raise ₹71.28 crore through IPO. The company will issue fresh shares of ₹71.28 crores through this IPO.
The company has reserved 75% for QIB, 15% for NII and 10% for Retail Investor in this IPO.
Plaza Wires Limited is engaged in the business of manufacturing and selling of wires, and selling and marketing of LT aluminium cables and fastmoving electrical goods (“FMEG”) under our flagship brand “PLAZA CABLES” and home brands such as “Action Wires” and “PCG”. You can check Plaza Wires IPO GMP here.
| Read also: Upcoming IPO List 2023 |
The company products in the wires and cables segment are building wires also known as house wires, single & multicore round flexible industrial cables and industrial cables for submersible pumps & motors up to 1.1kv grade.
The company wires and cable products such as LT power control cable, TV dish antenna co-axial cables, telephone & switch board industrial cable, computer & LAN networking cable, close circuit television cables and solar cables, PVC insulated tape and PVC conduit pipe & accessorieYou can check Plaza Wires IPO subscription status here.
The company has tie ups with 20+ service centres in Uttar Pradesh, Uttarakhand, Jammu and Kashmir, Punjab, Haryana and Tamil Nadu. In 2021, The company expanded our product portfolio by launching miniature circuit breakers and distribution board (DB) in the north and south India region. You can check Plaza Wires IPO Allotment status here.
Object Of the Issue :
- Funding the capital expenditure towards setting up of a new manufacturing unit for house wires, fire-resistant wires & cables, aluminum cables and solar cables to expand our product portfolio; (hereinafter referred to as the “Project”).
- Funding the working capital requirements of our Company.
- General corporate purposes.
Company Strengths :
- Product portfolio focused on various customer segments and markets.
- Our distribution network.
- Our management and dedicated employee base.
Plaza Wires 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 : | ₹7.51 Cr ₹54 Per Shares 2.46 21.95x 14.15 % 14.16 % 15.57 % 0.75 ₹17.37 ₹112.10 Cr ₹236.26 Cr 100.00 % 69.83 % |
| Team Review : | ✔ Apply For Long Term |
Plaza Wires IPO Date & Price Band & Details :
| Issue Type : | Book Built Issue |
| IPO Open : | 29 September 2023 |
| IPO Close : | 04 October 2023 |
| Face Value : | ₹10 Equity Share |
| Price Band : | ₹51 – ₹54 Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹71.28 Cr {13,200,158 Shares} |
| Fresh Issue : | ₹71.28 Cr {13,200,158 Shares} |
Plaza Wires IPO Market Lot :
Plaza Wires IPO Minimum Market lot is 1 Lot with 277 shares with ₹14,958 Application amount. The retail investors can apply up to 13 lots with 3601 Shares or ₹194,454 amounts.
| Application | Lot | Shares | Amount |
| Retail Minimum : | 1 | 277 | ₹14,958 |
| Retail Maximum : | 13 | 3601 | ₹194,454 |
| S-HNI Minimum : | 14 | 3878 | ₹209,412 |
| S-HNI Maximum : | 66 | 18282 | ₹987,228 |
| B- HNI Minimum : | 67 | 18559 | ₹1,002,186 |
Plaza Wires IPO Shares Offer :
A Total of 13,200,158 shares are to be bid for the public issue by Plaza Wires IPO with 13,200,158 for Fresh issue and – for offer for sale Shares.
| Category | Shares Offers | Amount |
| Fresh issue : | 13,200,158 | ₹71.28 Cr |
| Offer For Sale : | – | ₹– |
| Total : | 13,200,158 | ₹71.28 Cr |
Plaza Wires IPO Reservation :
Plaza Wires IPO Total Reservation of 13,200,158 shares are to be bid for the public issue by Plaza Wires IPO with 9,900,119 for QIB and 1,980,024 for NII 1,320,015 For RII.
| Category | Reservation | Shares | Amount |
| QIB : | 75% | 9,900,119 | ₹53.46 Cr |
| NII : | 15% | 1,980,024 | ₹10.69 Cr |
| RII : | 10% | 1,320,015 | ₹7.13 Cr |
| Total : | 100% | 13,200,158 | ₹71.28 Cr |
Plaza Wires IPO EPS & RoNW :
The Plaza Wires 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 | ₹2.46 | 14.16% | ₹17.37 |
| 2022 | ₹1.95 | 13.08% | ₹14.90 |
| 2021 | ₹1.39 | 10.75% | ₹12.92 |
Plaza Wires IPO Peer Comparison PE :
The Plaza Wires, According to RHP of the company few company is listed whose PE Multiple is shown in this table.
| Sr. No. | Company | PE Ratio |
| 1. | Cords Cable Industries Ltd | 16.65 |
| 2. | Ultracab (India) Ltd | 24.18 |
| 3. | V-Marc India | 25.55 |
| 4. | Dynamic Cables | 32.22 |
| 5. | Paramount Communications | 23.75 |
Plaza Wires IPO Dates :
Plaza Wires IPO Date is 29 September 2023 and closes on 04 October 2023. The allotment will be finalized on 09 October 2023 and the IPO may list on 12 October 2023.
| Anchor Date : | 28 September 2023 |
| Open Date : | 29 September 2023 |
| Close Date : | 04 October 2023 |
| Allotment Date : | 09 October 2023 |
| Refund Date : | 10 October 2023 |
| Share Credit Date : | 11 October 2023 |
| Listing Date : | 12 October 2023 |
Plaza Wires IPO Form :
There are two ways to apply in Plaza Wires IPO. You can apply for Plaza Wires IPO through ASBA available in your bank account. You have to go to your online bank login and select Plaza Wires IPO in the Invest section and apply through your bank account. Another option is you can apply for Plaza Wires IPO through IPO form download through NSE and BSE. See the Plaza Wires IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Plaza Wires Company Financial Report (Crore) :
| Year | Revenue | Expense | PAT |
| 2023 | ₹182.60 | ₹172.26 | ₹7.91 |
| 2022 | ₹176.94 | ₹168.30 | ₹5.95 |
| 2021 | ₹145.60 | ₹139.50 | ₹4.24 |
Company Promoters :
■ Mr. Sanjay Gupta
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
■ Anchor Investor
Plaza Wires IPO Lead Managers :
■ Pantomath Capital Advisors Private Limited
Plaza Wires IPO Registrar :
Kfin Technologies Limited
Selenium Tower-B, Plot No.31 & 32,
Gachibowli, Financial District, Nanakramguda,
Serilingampally, Hyderabad 500 032, Telangana
Tel: 40 6716 2222
Email: [email protected]
Investor Grievance Email: [email protected]
Website: www.kfintech.com
Note: Check Plaza Wires IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Plaza Wires Limited
A-74 Okhla Industrial Area,
Phase-2. New Delhi
South Delhi DL-110020, India
Tel No: 011-66369696
Customer Helpline
Tel no.: 18001218050
Email: [email protected]
Website: www.plazawires.in
Plaza Wires IPO FAQs :
What is Plaza Wires IPO?
Plaza Wires IPO is Mainboard IPO. They are going to raise ₹71.28 Crores via IPO. The issue is priced at ₹51-₹54 per equity share. The IPO is to be listed on NSE, BSE.
When Plaza Wires IPO will open?
The IPO is to open on 29 Sep – 04 Oct for QIB, NII & RII.
What is Plaza Wires IPO Size?
Plaza Wires IPO size is ₹71.28 Crores.
What is the Fresh issue size of Plaza Wires IPO?
The Fresh issue size of Plaza Wires IPO ₹71.28 Cr.
What is the Offer For Sale size of Plaza Wires IPO?
The Offer For Sale size of Plaza Wires IPO ₹0 Cr.
What is Plaza Wires IPO Price Band?
Plaza Wires IPO Price Band is ₹51-₹54 Per share.
What is Plaza Wires IPO Minimum and Maximum Lot Size?
The minimum 277 Shares with ₹14,958 amount while the maximum 3601 shares with ₹194,454.
What is Plaza Wires IPO Investors Portion?
The investors’ portion for QIB 75%, NII 15%, RII 10%.
What is Plaza Wires IPO Allotment Date?
Plaza Wires IPO allotment date is 09 October 2023.
What is Plaza Wires IPO Listing Date?
Plaza Wires IPO listing date is 12 October 2023. The IPO to list on NSE, BSE.
How to Apply the Plaza Wires IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Plaza Wires 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 Plaza Wires IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Plaza Wires 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 Plaza Wires 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 “Plaza Wires 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 Plaza Wires 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 “Plaza Wires 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.
| Plaza Wires IPO GMP: Click Here Plaza Wires IPO Subscription: Click Here Plaza Wires IPO Allotment: Click Here Plaza Wires IPO Listing: Click Here Plaza Wires IPO Web Story: Click Here |
All Plaza Wires IPO-related links are available here. If you want to know the details then click on Click Here Link.
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