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Plaza Wires 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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Plaza Wires Ltd IPO

Registered Office: A-74 Okhla Industrial Area,Phase-2 , New Delhi - 110020 , New Delhi , India.
Phone : 91-11-66369696   Fax:
Email :  compliance@plazawires.in  
Website :  www.plazawires.in
Initial public offering of up to 132,00,158^ equity shares of face value of (Rs)10 each ("Equity Shares") of Plaza Wires Limited ("The Company" or the "Issuer") for cash at a price of (Rs)54 per equity share (including a premium of (Rs)44 per equity share) ("Issue Price") aggregating up to (Rs)71.28 crores ("The Issue"). The issue will constitute 30.17 % of the post-issue paid-up equity share capital. ^Subject to finalisation of the Basis of Allotment

Issue Money Payable On
Opens On Closes On Application Allotment
29-Sep-23 05-Oct-23 (Rs)54.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :277  Further Multiples of :277

  (Rs Cr) Lead Managers to the Issue
Project Cost 61.01
Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer 71.28  
Post Issue Equity Share Capital 43.75  
Issue Price (Rs)54.00  
 
Projects
Funding the capital expenditure towards setting up of proposed manufacturing unit for house wires, fire-resistant wire & cables, aluminum cables and solar cables to expand the product portfolioGeneral corporate purposes
Funding the working capital requirements of the company
Promoted By
Sanjay Gupta  
Sonia Gupta  
Listing At
BSE 
NSE 
Registrar to the Issue
KFin Techologies Ltd