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Home All IPOs Marco Cables & Conductors Ltd IPO
Marco Cables & Conductors Ltd IPO
NSE SME Fixed Price IPO Fresh Capital-cum-Offer for Sale Closed Live Chart
GMP +₹0 +0% Est. Listing ₹36
Issue Price
₹36
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹36
GMP based
Lot Size
3,000
shares / lot
Min Amount
₹108,000
1 lot · 3,000 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
21 Sep 2023
Thu Completed
Done
Close Date
25 Sep 2023
Mon Completed
Done
Allotment
28 Sep 2023
Thu Completed
Done
Refund
29 Sep 2023
Fri Completed
Done
Demat Credit
03 Oct 2023
Tue Completed
Done
Listing Date
28 Sep 2023
Thu Completed
UPI Deadline: 25 Sep 2023
Issue Details
Pricing & Size
Issue Price
₹36 Face ₹10
Lot Size
3,000 shares
Min Investment
₹108,000
Total Issue Size
52,02,000 shares (aggregating up to ₹18.73 Cr)
IPO Information
Issue Type
Fixed Price IPO
Sale Type
Fresh Capital-cum-Offer for Sale
Listing Exchange
NSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
2,88,000 (5.54%)
QIB Portion
-
NII / HNI
24,57,000 (47.23%)
Retail
24,57,000 (47.23%)
Employee
-
Net Offer to Public
49,14,000 shares (aggregating up to ₹17.69 Cr)
Shareholding Pattern
Pre-Issue Shareholding
1,60,98,000 shares
Post-Issue Shareholding
1,86,99,000 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 3,000 ₹1,08,000
HNI / NII 2 6,000 ₹2,16,000
Objects of Issue
3 objectives
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.
Lead Managers & Market Maker
Book Running Lead Managers
Shreni Shares Ltd.
Market Maker
Shreni Shares Ltd.
IPO Timeline
Open
21 Sep
✓ Done
Close
25 Sep
✓ Done
Allotment
28 Sep
✓ Done
Listing
28 Sep
✓ Done
Registrar Details
Bigshare Services Pvt.Ltd.
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-6263 8200
Email
ipo@bigshareonline.com
Company Contact
Email
investors@hmtcable.com
Phone
0251 2530332
Address
Shop No 100, Opposite Bhai Gangaram Market, Main Road, Ulhasnagar, Thane, Maharashtra, 421005
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹36
Est. Listing
₹36
Lot Size
3,000 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Marco Cables & Conductors Ltd LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
52W L
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| Price
Market Reference
IPO Issue Price
₹36
GMP
+₹0 (+0%)
GMP Est. Listing
₹36
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
NII / HNI (Total) 24,57,000 (47.23%) ₹884.52 Cr
Retail Investors 24,57,000 (47.23%) ₹884.52 Cr
Total ** 52,02,000 (100.00%) ₹18,727.20 Cr
Market Maker * 2,88,000 (5.54%) ₹10.37 Cr
* Based on ₹36.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
NII
24,57,000 (47.23%)
Retail
24,57,000 (47.23%)
Market Maker
2,88,000 (5.54%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Lakhs
Metric31 Mar 202331 Mar 202231 Mar 2021
Revenue5693.725665.314282.91
PAT280.7133.4912.25
EBITDA
Net Worth1560.86944.75911.25
Total Assets6993.445954.625658.84
Reserves1238.90655.34621.84
Borrowings3757.733665.193522.22
Key Financial Ratios
22.41%
ROE
Return on Equity
16.93%
ROCE
Return on Capital Employed
17.98%
RONW
Return on Net Worth
2.41
D/E Ratio
Debt to Equity
1.78
Pre EPS
EPS Pre-Issue
20.22
Pre P/E
P/E Pre-Issue
24
Post P/E
P/E Post-Issue
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:

  1. 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.
  2. LT PVC Cables.
  3. 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.
  4. 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.
  5. 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.

Frequently Asked Questions
What is the issue price of Marco Cables & Conductors Ltd IPO?
The issue price of Marco Cables & Conductors Ltd IPO is ₹36 per share, face value ₹10.
What is the lot size?
Minimum lot size is 3,000 shares, requiring ₹108,000.
What are the IPO dates?
Opens 21 Sep 2023, closes 25 Sep 2023.
When is the listing date?
Tentative listing: 28 Sep 2023 on NSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹36 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Marco Cables & Conductors Ltd IPO · Expected 28 Sep 2023

Check on Registrar
Post-IPO Timeline
Allotment Date
28 Sep 2023
Refund Initiation
29 Sep 2023
Demat Credit
03 Oct 2023
Listing Date
28 Sep 2023
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹36
Face ₹10
Lot Size
3,000
shares / lot
Min Amount
₹108,000
1 lot
Est. Listing
₹36
GMP +₹0
Key Dates
Open
21 Sep Done
Close
25 Sep Done
Listing
28 Sep Done
Registrar
Bigshare Services Pvt.Ltd.
A
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