Marco Cables & Conductors IPO Subscription Status – IPO Closed

Marco Cables & Conductors IPO subscription status started on Thursday, September 21, 2023 and will close on September 25, 2023. Marco Cables & Conductors IPO to raise around ₹18.73 crores via IPO. The retail quota is 50%, QIB is [.]% and NII is 50%. The price band is fixed at ₹36 per equity share.

Marco Cables & Conductors IPO

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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

CategorySubscription Numbers
NII24.36
RII35.24
Total30.90


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.

Marco Cables & Conductors IPO Subscription Status FAQs:


When Marco Cables & Conductors IPO Subscription will start?

The IPO subscription starts on September 21, 2023 for NII, and Retail Investors.

How to subscribe Marco Cables & Conductors IPO?

You can go with ASBA and Non-ASBA options for a subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.

How do I check live Marco Cables & Conductors IPO Subscription Numbers Today?

One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official websites. One can check the live subscription on official websites on the particular IPO page.

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 the Marco Cables & Conductors IPO Allotment Date?

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

What is the Marco Cables & Conductors IPO Listing Date?

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

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