The Marco Cables & Conductors IPO minimum market lot is 3000 with ₹108,000 application amount. The IPO is an NSE SME IPO, and it will be listed on NSE.
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.
IPOWatch View
We recommend investors may apply an IPO with Caution (Avoid) Investors should also look at the QIB, NII, and Retail numbers before investing.
Marco Cables & Conductors IPO Subscription Status – Day 3
| Category | Subscription Numbers |
| NII | 24.36 |
| RII | 35.24 |
| Total | 30.90 |
Marco Cables & Conductors IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Marco Cables & Conductors IPO Review
- Avoid
Marco Cables & Conductors IPO Form
How to apply for the Marco Cables & Conductors IPO? You can apply for 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 is you can apply for Marco Cables & Conductors IPO via IPO forms downloaded via NSE. Check out the Marco Cables & Conductors forms – Click NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
