Marco Cables & Conductors IPO Date, Review, Price, Allotment Details

Marco Cables & Conductors are engaged in the business of manufacturing and selling wires, cables wires, and conductors in India, with an operating history of over 34 years in the power cable industry in India. They commenced their operations with the manufacturing of wires (with aluminium/copper conductor), XLPE /PVC cables, and Aerial Bunched Cables, subsequently they included AAAC (All Aluminium Alloy Conductor) and ACSR (Aluminium Conductor Steel Reinforced) Conductors and made their presence in the industry. They have been manufacturing XLPE, PVC, and aerial Bunched Cables for the 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 lines. Over the years they have developed expertise and upgraded their technology by adding several automatic machineries and equipment to the plant, which has helped them boost their production capacity and the quality of the products. They have the potential to supply the best products at the most competitive prices in the market.

The majority of the products are supplied to electricity boards of different states like Maharashtra, Gujarat, Tamil Nadu, Telangana, Haryana, Chhattisgarh, Madhya Pradesh, etc., and turnkey contractors of India. Their products cover the entire range of voltage & transmission lines suitable for up to 1.1 KV. Their products are also certified as compliant with various quality standards including the Bureau of Indian Standards (BIS) and the International Organization for Standardization (ISO). Their manufacturing facilities are equipped with an in-house testing laboratory to ensure that the finished products match the quality standards and certifications specified.

Marco Cables & Conductors sell their products through a diversified sales & distribution mix, majorly by 1) securing government tenders for supply to government projects 2) supplying to EPC contractors for turnkey projects, and 3) direct sales to a few private companies. Over the years, they have made continuous investments in our manufacturing infrastructure to support their product portfolio requirements and reach. The capabilities as a Company include a strict quality assurance system, in-depth production designing experience, and established marketing and distribution relationships. They strive to deliver customized products and provide quality services.

Objects of the Issue:

• Funding of capital expenditure requirements of the company towards the purchase of Solar Power System and 1+12 Rigid Stranding Machine.
• Funding Incremental Working Capital Requirements
• General corporate purposes

Marco Cables & Conductors IPO Review

• May Apply

Marco Cables & Conductors IPO Date & Price Band Details

Marco Cables & Conductors IPO Market Lot

The Marco Cables & Conductors IPO minimum market lot is 3000 shares with a ₹108,000 application amount.

Marco Cables & Conductors IPO Dates

The Marco Cables & Conductors IPO date is September 21 and the IPO close date is September 25. The IPO allotment date is September 28 and the IPO might list on October 4.

You can check IPO subscription status and IPO allotment status on their respective pages.

Marco Cables & Conductors IPO Form

How to apply Marco Cables & Conductors IPO? You can apply Marco Cables & Conductors IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Marco Cables & Conductors IPO in the Invest section. The other option you can apply Marco Cables & Conductors IPO via IPO forms download via the NSE website. Check out the Marco Cables & Conductors forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.

Marco Cables & Conductors Company Financial Report

Marco Cables & Conductors IPO Valuation – FY2023

Check Marco Cables & Conductors IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group

• V-Marc India Limited
• Ultracab (India) Limited
• Relicab Cable Manufacturing Limited
• Dynamic Cables Limited

Company Promoters

• Mr. Sumit Sugnomal Kukreja
• Mr. Sugnomal Mangandas Kukreja
• Ms. Komal Sumit Kukreja

Marco Cables & Conductors IPO Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com

Marco Cables & Conductors IPO Allotment Status

Check Marco Cables & Conductors IPO allotment status on Bigshare website URL. Click Here

Marco Cables & Conductors IPO Lead Managers aka Merchant Bankers

• Shreni Shares Private Limited

Company Address

Marco Cables & Conductors Limited
Shop No 100, Opposite Bhai Gangaram Market,
Main Road, Ulhasnagar,
Thane – 421005,
Phone: 0251 2530332
Email: [email protected]
Website: https://www.marcocables.com/index

Marco Cables & Conductors IPO FAQs

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