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Marco Cables & Conductors Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

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Marco Cables & Conductors Ltd IPO

Registered Office: # 100 Opp.Bhai Gangaram Market,Main Road Ulhasnagar , Thane - 421005 , Maharashtra , India.
Phone : 0251 2530332   Fax:
Email :  
Website :
Initial public offering of 52,02,000 equity shares of face value of (Rs)10/- each ("Equity Shares") of Marco Cables & Conductors Limited ("Marco" or "The Company" or "The Issuer") for cash at a price of (Rs)36 per equity share (including a premium of (Rs)26 per equity share) ("Offer Price") aggregating to (Rs)18.73 crores comprising of fresh offer of 26,01,000 equity shares aggregating to (Rs)9.36 crores ("Fresh Offer") and an offer for sale of 26,01,000 equity shares by Sumit Sugnomal Kukreja ("Selling Shareholder") aggregating to (Rs)9.37 crores ("Offer for Sale") ("The Offer") of which 2,88,000 equity shares ggregating to (Rs)1.04 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e. net offer of 49,14,000 equity shares of face value of (Rs)10/- each at an offer price of (Rs)36 per equity share aggregating to (Rs)17.69 crores ("Net Offer"). The offer and the net offer will constitute 27.82% and 26.28% of the post-offer paid-up equity share capital of the company. The face value of the equity shares is (Rs)10/- each and the offer price is 3.6 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
21-Sep-23 25-Sep-23 (Rs)36.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :3000  Further Multiples of :3000

  (Rs Cr) Lead Managers to the Issue
Project Cost 8.56
Shreni Shares Ltd
Project Financed through Current Offer 18.73  
Post Issue Equity Share Capital 18.70  
Issue Price (Rs)36.00  
Funding of capital expenditure requirements of the company towards purchase (i) Solar Power Ayatems & (ii) 1+12 Rigid Stranding MachineGeneral corporate purposes
Funding incremental working capital requirements
Promoted By
Sumit Sugnomal Kukreja  
Sugnomal Mangandas Kukreja  
Komal Sumit Kukreja  
Listing At
Registrar to the Issue
Bigshare Services Pvt Ltd