Listed Price₹38.70
Listing Gain+7.50%
Price Band₹36
Lot Size3,000 shares
Min Bid₹1,08,000
Subscription29.86x
Listed Market Snapshot
₹38.70Listed price from market data
+7.50%listing gain
Issue Amount
₹18.73 Cr
Listed Price
₹38.70
Current Price
₹31
Registrar
Bigshare Services Private Limited
Timeline•Fixed Price Issue IPO
Open21 Sep 2023
Close25 Sep 2023
Allotment26 Sep 2023
Listing28 Sep 2023
Quota Reservation Portions
RetailPortion: 24,57,000 shares
47.23%Nii(hni)Portion: 24,57,000 shares
47.23%Market MakerPortion: 2,88,000 shares
5.54%Minimum Application Bracket Matrix
Retail1 lots / 3,000 shares
₹1,08,000HNI2 lots / 6,000 shares
₹2,16,000About the Company
Incorporated in 1989, Marco Cables & Conductors Limited manufactures and sells electrical wires, cables, and conductors in India. Its product range includes LT Aerial Bunched Cables, LT PVC Cables, AAAC Conductors, LT XLPE Cables, and ACSR Conductors used for power distribution, especially across tough terrain and long spans. The company’s manufacturing unit is located in Nashik, Maharashtra, with an installed capacity of 18,000 km per year. It reported revenues of ₹5,676.79 lakhs in FY23, ₹5,641.00 lakhs in FY22, and ₹4,239.18 lakhs in FY21.
Company Promoters
Mr. Sumit Sugnomal KukrejaMr. Sugnomal Mangandas KukrejaMs. Komal Sumit Kukreja
Lead Managers
Registrar
Bigshare Services Private Limited