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POLYCABEQ / NSE, BSEListed
Polycab India

Incorporated in 1996, Mumbai-based Polycab India Limited is engaged in the manufacturing, selling, and distribution of wires, cables, and fast-moving electrical goods (FMEG) such as solar products, luminaires, LED lighting, electric fans, and switchgear, and it also operates in the EPC business. The company entered the EPC segment in 2009 and the FMEG segment in 2014, and as of March 31, 2018, it had over 3,300 authorized dealers and distributors, around 1,00,000 retail outlets, 24 manufacturing facilities, and 29 warehouses across India, supported by a strong sales and marketing network comprising a corporate office, three regional offices, and 20 local offices. In FY2018, Polycab held nearly 18% market share in the organized wires and cables industry and about 12% of the overall wires and cables market in India. In 2016, the company entered into a joint venture with Trafigura to set up a copper wire rod manufacturing facility at Waghodia, India, with an expected annual capacity of 2,58,620 MT to strengthen backward integration. Polycab has exported products to around 40 countries, with exports contributing 5.14% of total revenue in FY2018, and during FY2016–FY2018, its total income, EBITDA, and profit grew at a CAGR of 14.31%, 23.80%, and 41.69%,

₹533 - ₹538Open
Listed Price₹630.00
Listing Gain+17.10%

IPO Schedule & Timeline

Bookbuilding IPO
Open05 Apr 2019
Close09 Apr 2019
Allotment15 Apr 2019
Listing16 Apr 2019

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB1,24,23,532 shares
49.65%
HNI37,27,061 shares
14.9%
Retail86,96,474 shares
34.76%
Employee1,75,000 shares
0.7%

Minimum Application Lots

Retail1 Lot (27 shares)
₹14,526
sHNI14 Lots (378 shares)
₹2,03,364
bHNI69 Lots (1,863 shares)
₹10,02,294

Company Promoters

Inder T. JaisinghaniAjay T . JaisinghaniRamesh T . JaisinghaniGirdhari T. Jaisinghani

Company Background

Incorporated in 1996, Mumbai-based Polycab India Limited is engaged in the manufacturing, selling, and distribution of wires, cables, and fast-moving electrical goods (FMEG) such as solar products, luminaires, LED lighting, electric fans, and switchgear, and it also operates in the EPC business. The company entered the EPC segment in 2009 and the FMEG segmen...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Dec-18)₹55067 Cr
Growth-3.6%
Revenue Trend (₹ in Crores)
0.026.5k53.1k79.6kMar-16Mar-17Mar-18Dec-18
PeriodRev (Cr)PAT (Cr)AssetsDebt
Dec-1855,067.003,582.2353,859.070
Mar-1869,239.173,709.2044,432.580
Mar-1760,470.082,329.5645,788.080
Mar-1657,142.411,847.0438,747.400

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Kfin Technologies Limited

Allotment Finalized
Allotment Date
15 Apr 2019
Official Status
Out / Finalized
Registrar
Kfin Technologies Limited
Listing Date
16 Apr 2019

Official Allotment Verification Links

Official Registrar Portal
Kfin Technologies Limited

Direct allotment verification on the official registrar portal appointed for Polycab India. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization15 Apr 2019Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date16 Apr 2019Trading commences on exchange

How to Check Polycab India Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Polycab India from the issue drop-down list.

3Enter Details

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4View Allocation

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Prospectus & Official Filings

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About Polycab India IPO

Complete issue overview for Polycab India (POLYCAB) IPO. The issue features an equity share price band of ₹533 – ₹538 per share with a minimum retail lot size of 27 Shares (minimum application amount of ₹14,526). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions