35  Total SME IPOs listed in 2025

1636.98 Crs.  Total funds raised in 2025

27  SME IPOs listed with Gain in 2025

8  SME IPOs listed with loss in 2025

35  Total SME IPOs listed in 2025

1636.98 Crs.  Total funds raised in 2025

27  SME IPOs listed with Gain in 2025

8  SME IPOs listed with loss in 2025

35  Total SME IPOs listed in 2025

1636.98 Crs.  Total funds raised in 2025

27  SME IPOs listed with Gain in 2025

8  SME IPOs listed with loss in 2025

35  Total SME IPOs listed in 2025

1636.98 Crs.  Total funds raised in 2025

27  SME IPOs listed with Gain in 2025

8  SME IPOs listed with loss in 2025

Plaza Wires Limited IPO (Plaza Wires IPO) Details

Plaza Wires Limited is an Cables And Wires based company, located in New Delhi, Plaza Wires Limited IPO size was 71.28 Cr. and was issued at 54.00 per share. The share of Plaza Wires Limited were listed at 80.23 per share and are currently trading at 59.39 per share.

Type :
Sub Sector : Business Of Electrical Wires?
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
182.60 Cr.

PAT :
7.51 Cr.

Pricing Report

Issue Price :
54.00

Listing Price :
80.23

Current Market Price :
59.39

Issue Price vs CMP :
5.39 (9.98%)

listing Price vs CMP :
20.84 (25.98%)

Performance Report (CAGR* wise)

CAGR : 7.22
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Plaza Wires

Company Information
Plaza Wires Limited , an ISO 9001:2015 and 14001:2015 certified entity, is engaged in manufacturing and selling wires, marketing LT aluminum cables, and fast-moving electrical goods (FMEG) under its flagship brand "PLAZA CABLES" and home brands like "Action Wires" and "PCG." Established with the vision to carve a niche in the domestic wire and cable industry, the company aims to offer high-quality and competitively priced products to diverse customers. In 2021, it introduced the "Action Wires" brand, providing house wires in an economical price range. Recognized by the Resurgent India Research Report as a growing manufacturer in northern India's wires and cables sector, the company offers an extensive product portfolio that includes various wires, cables, and FMEG such as electric fans, water heaters, switches, switchgears,
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Object of Issue
  • Funding the capital expenditure towards setting up a new manufacturing unit for house wires, fire-resistant wires & cables, aluminum cables, and solar cables to expand the product portfolio
  • Funding the working capital requirements of the company
  • General corporate purposes

Plaza Wires MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Oct, 2023
IPO Size :
71.28 Cr.
Market Cap :
236.26 Cr.   
IPO Subscription :
160.97 X     
PE Multiple :
0.00
IPO Registrar:
Kfin Technologies Limited
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Peer Companies Of This Sector

FAQs

Plaza Wires operates in Cables And Wires and Business Of Electrical Wires?. The Issue is listed on MainBoard in Oct, 2023. Plaza Wires IPO size was 71.28 Cr. with Issue price of 54.00 .

Merchant Banker(s) of Plaza Wires IPO: Pantomath Capital Advisors Private Limited

Plaza Wires IPO subscription was 160.97 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.

Plaza Wires IPO listed at a listing price of 80.23 against the offer price of 54.00.

The current market price of Plaza Wires is 59.39.

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