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PLAZACABLEEQ / NSE, BSEListed

Plaza Wires Limited

Incorporated in 2006, Plaza Wires Limited, originally Navratna Wires, manufactures and markets wires, LT aluminium cables, and fast-moving electrical goods under its flagship brand "PLAZA CABLES" and home brands "Action Wires" and "PCG." Its product range includes house wires, single & multicore industrial cables, submersible pump cables, LT power control cables, coaxial cables, telephone & LAN cables, CCTV cables, solar cables, PVC insulated tape, and PVC conduit pipes, along with miniature circuit breakers and distribution boards. The company supports after-sales service through over 20 service centers across multiple states and has a distribution network comprising 1,249 authorized dealers and distributors, branch offices, warehouses, and C&F agents across India.

₹51 - ₹54160.97x sub
Listed Price76.00
Listing Gain+40.74%
TimelineBook Built Issue IPO
Open29 Sep 2023
Close05 Oct 2023
Allotment10 Oct 2023
Listing12 Oct 2023

Quota Reservation Portions

QIBPortion: 99,00,257 shares
75%
Nii (hni)Portion: 19,79,996 shares
15%
RetailPortion: 13,19,905 shares
10%

Minimum Application Bracket Matrix

Retail1 lots / 277 shares
₹14,958
sHNI14 lots / 3,878 shares
₹2,09,412
bHNI67 lots / 18,559 shares
₹10,02,186

About the Company

Incorporated in 2006, Plaza Wires Limited, originally Navratna Wires, manufactures and markets wires, LT aluminium cables, and fast-moving electrical goods under its flagship brand "PLAZA CABLES" and home brands "Action Wires" and "PCG." Its product range includes house wires, single & multicore industrial cables, submersible pump cables, LT power control cables, coaxial cables, telephone & LAN cables, CCTV cables, solar cables, PVC insulated tape, and PVC conduit pipes, along with miniature circuit breakers and distribution boards. The company supports after-sales service through over 20 service centers across multiple states and has a distribution network comprising 1,249 authorized dealers and distributors, branch offices, warehouses, and C&F agents across India.

Company Promoters

Mr. Sanjay GuptaMrs. Sonia Gupta