Macro Cables & Conductors Limited

Company Profile
Company Name Macro Cables & Conductors Limited
Open Date 21-09-2023
Close Date 25-09-2023
Exchange NSE SME
Lot Size 3000 Shares
Issue Price ₹36 per share
Issue Size 52,02,000 Equity Shares
Application Amount ₹ 1,08,000
Recommendation Apply
Macro Cables and Conductors Limited was originally incorporated in the year 1989 and has its registered office in Maharashtra.The Company is engaged in the business of manufacturing and selling wires, cables wires and conductors in India.The company’s majority of the products are supplied to electricity boards of different states in India. As of 15th July 2023, the Company has 79 employees on its payroll.
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Summary of Financials (All financials in Lakh)

For the Period Ended Mar-21 Mar-22 Mar-23
Total Assets 5,658.84 5,954.62 6,993.43
Net Assets 911.25 944.75 1,560.86
Total Borrowings 3,522.22 3,665.19 3,757.73
Total Revenue 4,282.91 5,665.31 5,693.72
Profit After Tax 12.25 33.49 280.70

Tentative Timeline

Opening Date 21-09-2023
Closing Date 25-09-2023
Basis of Allotment 28-09-2023
Initiation of Refunds 29-09-2023
Credit of Shares to Demat 03-10-2023
Listing Date 04-10-2023

Objects of the Issue

Capital Expenditure Requirements for the purchase of Solar Power System and 1+12 Rigid Stranding Machine.
Working Capital Requirements.
General Corporate Purposes.

Contact Information

Registered Office Marco Cables & Conductors Limited Shop No 100, Opposite Bhai Gangaram Market, Main Road, Ulhasnagar, Thane - 421005
Phone 0251 2530332

Registrar Details

Name Bigshare Services Pvt Ltd
Phone +91-22-6263 8200

IPO Reservation

Other Shares Offered 50% of the net offer
Retail Shares Offered 50% of the net offer

Shareholding Pattern

Share Holding Pre Issue (Promoters) 100.00%
Share Holding Post Issue (Promoters) 72.18%

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