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

Marco Cables & Conductors IPO Details: Marco Cables & Conductors IPO date is fixed, The IPO will open on September 21 and will close on September 25. Marco Cables & Conductors is an NSE SME IPO to raise ₹18.73 crores via IPO. The Marco Cables & Conductors IPO price band is fixed at ₹36 with a market lot of 3000 shares.

Marco Cables & Conductors IPO

Table of Contents

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

IPO Open:September 21, 2023
IPO Close:September 25, 2023
IPO Size:Approx ₹18.73 Crores, 5,202,000 Equity Shares
Face Value:₹10 Per Equity Share
IPO Price Band:₹36 Per Equity Share
IPO Listing on:NSE SME
Retail Quota:50% of the net offer
NII Quota:50% of the net offer
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors in IPO:Click Here

Marco Cables & Conductors IPO Market Lot

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

ApplicationLot SizeSharesAmount
Retail Minimum13000₹108,000
Retail Maximum13000₹108,000
S-HNI Minimum26000₹216,000

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.

IPO Open Date:September 21, 2023
IPO Close Date:September 25, 2023
Basis of Allotment:September 27, 2023
Refunds:September 27, 2023
Credit to Demat Account:September 28, 2023
IPO Listing Date:September 28, 2023

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

₹ in Crores
YearRevenueExpensePAT
2021₹42.83₹42.71₹0.12
2022₹56.65₹56.18₹0.34
2023₹56.94₹53.81₹2.81

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.

Earning Per Share (EPS):₹1.78 per Equity Share
Price/Earning P/E Ratio:20.22
Return on Net Worth (RoNW):17.98%
Net Asset Value (NAV):₹9.89 per Equity Share

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


What is Marco Cables & Conductors IPO?

Marco Cables & Conductors IPO is an NSE SME IPO. They are going to raise ₹18.73 Crores via IPO. The issue is priced at ₹36 per equity share. The IPO is to be listed on NSE.

When Marco Cables & Conductors IPO will open?

The IPO is to open on September 21, 2023 for QIB, NII, and Retail Investors.

What is Marco Cables & Conductors IPO Investors Portion?

The investors’ portion for QIB is [.], NII is 50%, and Retail is 50%.

How to Apply the Marco Cables & Conductors IPO?

You can apply Marco Cables & Conductors IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Marco Cables & Conductors IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Marco Cables & Conductors”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Marco Cables & Conductors IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Marco Cables & Conductors”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Marco Cables & Conductors IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Marco Cables & Conductors”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Marco Cables & Conductors IPO Size?

Marco Cables & Conductors IPO size is ₹18.73 crores.

What is Marco Cables & Conductors IPO Price Band?

Marco Cables & Conductors IPO Price Band is ₹36 per equity share.

What is Marco Cables & Conductors IPO Minimum and Maximum Lot Size?

The IPO bid is 3000 shares with ₹108,000.

What is Marco Cables & Conductors IPO Allotment Date?

Marco Cables & Conductors IPO allotment date is September 28, 2023.

What is Marco Cables & Conductors IPO Listing Date?

Marco Cables & Conductors IPO listing date is October 4, 2023. The IPO to list on NSE SME.

Note: The Marco Cables & Conductors IPO details are announced officially. The IPO grey market premium (Marco Cables & Conductors IPO Premium) is updated on the respective page. You can check our IPO grey market page for daily updates.)

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