73  Total SME IPOs listed in 2025

3,196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

73  Total SME IPOs listed in 2025

3196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

73  Total SME IPOs listed in 2025

3196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

73  Total SME IPOs listed in 2025

3196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

Plaza Wires IPO (Plaza Wires Limited IPO) Detail

Plaza Wires IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 71.28 Cr. The company is based in New Delhi and caters to Cables And Wires sector. Pantomath Capital Advisors is the merchant banker of Plaza Wires IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 30th April 2022.

Plaza Wires IPO open date is 29th September 2023 and close date is 5th October 2023. IPO Allotment Date is 9th October 2023 and Listing date is 12th October 2023.

IPO Category : MainBoard
Exchange : BSE,NSE
Issue Type : Book Building

IPO Key Highlights

  • IPO Size: ₹ 71.28 Cr. Avg IPO Size (Sector Based) : ₹ 564.17 cr.
  • Sector: Cables And Wires IPO so far: 7
  • Merchant Banker: Pantomath Capital IPO by BRLM so far: 9
  • City: New Delhi IPO so far: 123
  • Revenue (annualised): ₹ 182.60 cr.
            PAT: (annualised): ₹ 7.51 cr. Read Financial Information >>
  • PE Ratio: 0.00x Average Sector PE Ratio: 7.89x

Plaza Wires IPO Date

Date of DRHP:
30th April 2022
IPO Open Date:
29th September 2023
IPO Close Date:
5th October 2023
IPO Allotment Date:
9th October 2023
Initiation of Refund:
11th October 2023
IPO Listing Date:
12th October 2023

Plaza Wires IPO Info, Size, Subscription

Plaza Wires IPO size is ₹ 71.28 Cr. with IPO price of ₹ 54.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 71.28 Cr.

Issue Price:
₹ 54.00

Market Capitalisation :
₹ 236.26 Cr.

PE multiple :
0.00

Subscription :
160.97 times

Pre Issue Promoter Holding :
100.00 %

Post Issue Promoter Holding :
69.83 %

Plaza Wires IPO Information

Sub Sector : Business of electrical wires
Plaza Wires Limited , an ISO 9001:2015 and 14001:2015 certified entity, is engaged in manufacturing and selling wires, marketing LT aluminum cables, and fast-moving electrical goods (FMEG) under its flagship brand "PLAZA CABLES" and home brands like "Action Wires" and "PCG." Established with the vision to carve a niche in the domestic wire and cable industry, the company aims to offer high-quality and competitively priced products to diverse customers. In 2021, it introduced the "Action Wires" brand, providing house wires in an economical price range. Recognized by the Resurgent India Research Report as a growing manufacturer in northern India's wires and cables sector, the company offers an extensive product portfolio that includes various wires, cables, and FMEG such as electric fans, water heaters, switches, switchgears,
Show More

Object of Issue (Plaza Wires IPO Objectives)

  • Funding the capital expenditure towards setting up a new manufacturing unit for house wires, fire-resistant wires & cables, aluminum cables, and solar cables to expand the product portfolio
  • Funding the working capital requirements of the company
  • General corporate purposes

Pantomath Capital Advisors Private Limited is the book-running lead manager of the Plaza Wires IPO. Kfin Technologies Limited is the Registrar for Plaza Wires IPO.

Plaza Wires IPO Registrar (RTA)

Kfin Technologies Limited

Plaza Wires IPO Lead Manager (BRLM)

Pantomath Capital Advisors Private Limited

Plaza Wires IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Plaza Wires IPO?

Plaza Wires IPO, based in New Delhi, operates in the   Cables And Wires sector with a focus on Business of electrical wires. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Plaza Wires IPO size is ₹ 71.28 Cr. with fresh issue size of ₹ 71.28 Cr. and Offer for sale being ₹ Nil

When is Plaza Wires IPO allotment?

The IPO allotment date for Plaza Wires IPO is expected to be 9th October 2023, after the finalization of basis of allotment. Investors can check Plaza Wires IPO allotment status on the registrars website, Kfin Technologies Limited . Plaza Wires IPO refund dates are 11th October 2023.

When is Plaza Wires IPO listing date?

Plaza Wires IPO is expected to be listed on 12th October 2023.

What is the price band for Plaza Wires IPO?

The upper price band for the Plaza Wires IPO is set at ₹ 54.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Plaza Wires IPO Review?

For IPO analysis on Plaza Wires IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Plaza Wires IPO?

To apply for the Plaza Wires IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 5th October 2023. After submission, funds are blocked until the basis of allotment of Plaza Wires IPO is finalised.

Who is the merchant banker of Plaza Wires IPO?

The merchant banker for Plaza Wires IPO is Pantomath Capital Advisors Private Limited . Pantomath Capital Advisors Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Plaza Wires IPO RHP for further details.

Who is the Registrar of Plaza Wires IPO?

The registrar for Plaza Wires IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Plaza Wires IPO through their official website or helpline.

What is the Plaza Wires IPO subscription?

Plaza Wires IPO was subscribed 160.97 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

Thinking of
Listing Your Business through
SME IPO?
We can Help!
Contact Us Today

Recent IPO List

Scoda Tubes Limited

  Steel

  Ahmedabad


Prostarm Info Systems Limited

  Power and Energy

  Mumbai


Aegis Vopak Terminals Limited

  Oil and Gas

  Surat


Leela Hotels - Schloss Bangalore Limited

  Hotels and Resorts

  New Delhi


Borana Weaves Limited

  Textiles - Fabrics

  Surat


Thinking of
Listing Your Business through
SME IPO?
We can Help!
Contact Us Today

Peer Companies Of This Sector

FAQs

Plaza Wires IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Plaza Wires Financial Review Page

Plaza Wires IPO subscription was 160.97 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Plaza Wires IPO listed at a listing price of 80.23 against the offer price of 54.00.

The current market price of Plaza Wires is 61.46.

Services

IPO Advisory
IPO Advisory
In-depth, experienced and seamless execution throughout the IPO Process.
IPO Readiness
IPO Readiness
IPO Roadmap by improving Business Efficiencies, Financial Parameters and Corporate Structure to become IPO ready.
Fund Raising
Fund Raising
Fuelling a company's growth through Pre IPO Fund Raise, Private Equity, and Angel Investing.
SME : Business Scaling
SME Business Upscaling
Provide support to build a scalable SME business by unleashing the SME potential.
Post IPO Montoring
Post IPO Mentoring
Assisting with post IPO regulatory requirements and Performance Monitoring to achieve the milestone of Mainboard migration.

Thinking of
Listing Your Business through SME IPO?

We can help! Contact Us

Why Us?

  • Leading portal for IPOs
  • End to End Solutions
  • Known for Transparency