58  Total SME IPOs listed in 2025

2,593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

58  Total SME IPOs listed in 2025

2593.84 Crs.  Total funds raised in 2025

40  SME IPOs listed with Gain in 2025

18  SME IPOs listed with loss in 2025

Marco Cables & Conductors Limited IPO (Marco Cables & Conductors IPO) Detail

Marco Cables & Conductors IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Mumbai and caters to Cables And Wires sector. Shreni Shares is the merchant banker of Marco Cables & Conductors IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 7th August 2023.

Marco Cables & Conductors IPO open date is 21st September 2023 and close date is 25th September 2023. IPO Allotment Date is 28th September 2023 and Listing date is 28th September 2023.

IPO Category : SME
Exchange : NSE EMERGE
Issue Type : Fixed Price

Marco Cables & Conductors IPO Date

Date of DRHP:
7th August 2023
IPO Allotment Date:
28th September 2023
IPO Open Date:
21st September 2023
Initiation of Refund:
29th September 2023
IPO Closing Date:
25th September 2023
IPO Listing Date:
28th September 2023

Marco Cables IPO Info, Size, Subscription

Marco Cables & Conductors IPO size is Rs 18.73 Cr. crores with IPO price of Rs 36.00 Cr.. 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 :
₹ 18.73 Cr.

Issue Price:
₹ 36.00

Market Capitalisation :
₹ 67.32 Cr.

PE multiple :
24.00

Subscription :
30.90 times

Pre Issue Promoter Holding :
100.00 %

Post Issue Promoter Holding :
72.18%

Marco Cables & Conductors IPO Information

Sub Sector : manufacturing and selling of wires, cables wires
Marco Cables & Conductors was incorporated on April 13, 1989 and is engaged in the business of manufacturing and selling of wires, cables wires and conductors in India, with an operating history of over 34 years in power cable industry in India. They commenced their operations with manufacturing of wires (with aluminium / copper conductor), XLPE /PVC cables, Aerial Bunched Cables, subsequently they included AAAC (All Aluminium Alloy Conductor) and ACSR (Aluminium Conductor Steel Reinforced) Conductors and had made their presence in the industry. They have been manufacturing XLPE, PVC & Aerial Bunched Cables for last 3 decades. Recently, they have started ACSR – Aluminium Conductor Steel Reinforced, AAAC – All Aluminium Alloy Conductor, ABC – (Aerial Bunched Cable) for distribution & transmission power
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Object of Issue (Marco Cables IPO Objectives)

  • Funding of capital expenditure requirements of the company towards the purchase of Solar Power System and + Rigid Stranding Machine
  • Funding Incremental Working Capital Requirements
  • General corporate purposes

Shreni Shares Limited is the book-running lead manager of the Marco Cables & Conductors IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Shreni Shares Limited for Marco Cables & Conductors IPO.

Marco Cables IPO Market Maker

Shreni Shares Limited

Marco Cables IPO Registrar (RTA)

Bigshare Services Private Limited

Marco Cables IPO Lead Manager (BRLM)

Shreni Shares Limited

Marco Cables & Conductors IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Marco Cables & Conductors IPO?

Marco Cables & Conductors IPO, based in Mumbai, operates in the   Cables And Wires sector with a focus on manufacturing and selling of wires, cables wires. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Marco Cables & Conductors IPO size is ₹ 18.73 Cr. Crores with fresh issue size of Rs 18.73 Cr. Crores and Offer for sale being 18.73..

When is Marco Cables IPO allotment?

The IPO allotment date for Marco Cables & Conductors IPO is expected to be 28th September 2023, after the finalization of basis of allotment. Investors can check Marco Cables & Conductors IPO allotment status on the registrars website, Bigshare Services Private Limited. Marco Cables & Conductors IPO refund dates are 29th September 2023.

When is Marco Cables & Conductors IPO listing date?

Marco Cables & Conductors IPO is expected to be listed on 28th September 2023.

What is the price band for Marco Cables IPO?

The upper price band for the Marco Cables & Conductors IPO is set at ₹ 36.00 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 Marco Cables & Conductors IPO Review?

For IPO analysis on Marco Cables & Conductors 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 Marco Cables & Conductors IPO?

To apply for the Marco Cables & Conductors 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 25th September 2023. After submission, funds are blocked until the basis of allotment of Marco Cables & Conductors IPO is finalised.

Who is the merchant banker of Marco Cables IPO?

The merchant banker for Marco Cables & Conductors IPO is Shreni Shares Limited . Shreni Shares Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Marco Cables & Conductors IPO RHP for further details.

Who is the Registrar of Marco Cables & Conductors IPO?

The registrar for Marco Cables & Conductors IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Marco Cables & Conductors IPO through their official website or helpline.

What is the Marco Cables & Conductors IPO subscription?

Marco Cables & Conductors IPO was subscribed 30.90 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

  • IPO Size: ₹ 18.73 Cr. Avg IPO Size (Sector Based) : ₹ 21.79 Cr.
  • Sector: Cables And Wires SME IPO so far: 22
  • Merchant Banker: Shreni Shares SME IPO by BRLM so far: 47
  • City: Mumbai SME IPO so far: 280
  • Revenue (annualised): ₹ 56.77 cr.
            PAT: (annualised): ₹ 2.80 cr.
  • PE Ratio: 24.00x Average Sector PE Ratio: 22.12x
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FAQs

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

Marco Cables & Conductors IPO subscription was 30.90 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.

Marco Cables & Conductors IPO listed at a listing price of 40.60 against the offer price of 36.00.

The current market price of Marco Cables & Conductors is 47.90.

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