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IPO Synopsis

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Plaza Wires Ltd
Registered Office:
A-74 Okhla Industrial Area,Phase-2, New Delhi - 110020, New Delhi, India.
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
Opens On Closes On
29-Sep-23 05-Oct-23
Money Payable On
Application Allotment
54.00 0.00
Minimum Application for shares in Nos : 277  Further Multiples of : 277
(₹)(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 (₹) 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 portfolio
Funding the working capital requirements of the company
General corporate purposes
Promoted By
Sanjay Gupta
Sonia Gupta
Listing At
BSE
NSE
Registrar to the Issue