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Marco Cables Conductors Limited
Issue Size (Net)
up to Rs.18.73 Cr
Price Band
Rs.36 per share
Issue Opens
September 21, 2023
Issue Closes
September 25, 2023

Company Highlights

1.Company Information

Marco Cables & Conductors IPO is a fixed price issue of Rs 18.73 crores. The issue is a combination of fresh issue of 26.01 lakh shares aggregating to Rs 9.36 crores and offer for sale of 26.01 lakh shares aggregating to Rs 9.36 crores. Marco Cables & Conductors IPO opens for subscription on September 21, 2023 and closes on September 25, 2023. The allotment for the Marco Cables & Conductors IPO is expected to be finalized on Thursday, September 28, 2023. Marco Cables & Conductors IPO will list on NSE SME with tentative listing date fixed as Wednesday, October 4, 2023. Marco Cables & Conductors IPO price is ₹36 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹108,000. The minimum lot size investment for HNI is 2 lots (6,000 shares) amounting to ₹216,000. Shreni Shares Private Limited is the book running lead manager of the Marco Cables & Conductors IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for Marco Cables & Conductors IPO is Shreni Shares. Refer to Marco Cables & Conductors IPO RHP for detailed information.

2. Objective of the Issue
The Company proposes to utilize the Net Proceeds towards funding the following objects:

1. Funding of capital expenditure requirements of the company towards the purchase of Solar Power System and 1+12 Rigid Stranding Machine.

2. Funding Incremental Working Capital Requirements; and

3. General corporate purposes.

3.Marco Cables & Conductors IPO Registrar
Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Email: ipo@bigshareonline.com

Website:https://ipo.bigshareonline.com/ipo_status.html

Marco Cables & Conductors IPO Financial Information (Restated)

Period Ended
Total Assets
Total Revenue
Profit After Tax
Net Worth
Reserves and Surplus
Total Borrowing
31-Mar-21
5658.84
4282.91
12.25
911.25
621.84
3522.22
31-Mar-22
5954.62
5665.31
33.49
944.75
655.34
3665.19
31-Mar-23
6993.44
5693.72
280.71
1560.86
1,238.90
3757.73

Marco Cables & Conductors IPO Details

Issue Opening Date
September 21, 2023
Issue Closing Date
September 25, 2023
Face Value
Rs.10 per share
Price
Rs.36 per share
Lot Size
3000 Shares
Issue Size
3,400,000 shares(aggregating up to ₹23.80 Cr)
Fresh Issue
2,601,000 shares (aggregating up to Rs.9.36 Cr)
Issue Type
Fixed Price Issue IPO
Offer for Sale
2,601,000 shares of Rs.10 (aggregating up to Rs.9.36 Cr)
Listing At
NSE SME

Marco Cables & Conductors IPO Timeline (Tentative Schedule)

Event
Tentative Date
Opening Date
Thursday, September 21, 2023
Closing Date
Monday, September 25, 2023
Basis of Allotment
Thursday, September 28, 2023
Initiation of Refunds
Friday, September 29, 2023
Credit of Shares to Demat
Tuesday, October 3, 2023
Listing Date
Wednesday, October 4, 2023
Cut-off time for UPI mandate confirmation
5 PM on September 25, 2023

Prospectus

Prospectus File

RR Investors Capital Services Pvt. Ltd AMFI-registered Mutual Fund Distributor

ARN-0032 Validity 14-Mar-2027

Head Office - 4th floor, Indraprakash Building 21, Barakhamba Road, New Delhi – 110001

callLandline Number
+91 11-4444-1111

Customer Care
+91 9350316010

Security
  • SSL
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