| Company Name | Plaza Wires Limited |
| Open Date | 29-09-2023 |
| Close Date | 04-10-2023 |
| Exchange | NSE SME |
| Lot Size | 277 Shares |
| Issue Price | ₹51 to ₹54 per share |
| Issue Size | 13,200,158 shares |
| Application Amount | Min. Inv. - ₹ 14,958 (277 shares) Max. Inv. – ₹ 1,94,454 (3601 shares) |
| Recommendation | Apply |
Plaza Wires Limited was incorporated in the year 2006 and has its registered office in New-Delhi, India. The company is engaged in the business of manufacturing and selling of wires, and selling and marketing of LT aluminum cables and fast-moving electrical goods. Company sells its products under flagship brand “PLAZA CABLES” and home brands such as “Action Wires” and “PCG”. Company’s product mix comprises different type of wires and cables, and fast-moving electrical goods such as electric fans, water heaters, switches and switchgears, Poly Vinyl Chloride insulated electrical tape and Poly Vinyl Chloride conduit pipe & accessories. As of 31st March 23, the Company has 192 employees on its payroll.
| For the Period Ended | Mar-21 | Mar-22 | Mar-23 |
| Total Assets | 9,928.00 | 10,416.50 | 11,210.20 |
| Net Assets | 3,947.90 | 4,551.50 | 5,307.70 |
| Total Borrowings | 4,330.40 | 4,009.20 | 3,967.50 |
| Total Revenue | 14,559.50 | 17,693.70 | 18,259.50 |
| Profit After Tax | 424.40 | 595.40 | 751.00 |
| Opening Date | 29/09/2023 |
| Closing Date | 04-10-2023 |
| Basis of Allotment | 09-10-2023 |
| Initiation of Refunds | 10-10-2023 |
| Credit of Shares to Demat | 11-10-2023 |
| Listing Date | 12-10-2023 |
| Funding the capital expenditure towards setting up of a new manufacturing unit for house wires, fire-resistant wires & cables, aluminium cables and solar cables to expand product portfolio. |
| Funding the working capital requirements of the Company. |
| General corporate purposes. |
| Registered Office | Plaza Wires Limited- A-74 Okhla Industrial Area, Phase-2 New Delhi South Delhi - 110020 |
| Phone | 011-66369696 |
| compliance@plazawires.in | |
| Website | https://www.plazawires.in/ |
| Plaza Wires IPO DRHP |
| Plaza Wires IPO RHP |
| Name | Kfin Technologies Limited |
| Phone | 04067162222, 04079611000 |
| plazawires.ipo@kfintech.com | |
| Website | https://kosmic.kfintech.com/ipostatus/ |
| QIB Shares Offered | Not less than 75.00% of the Net offer |
| NII (HNI) Shares Offered | Not more than 15.00% of the Offer |
| Retail Shares Offered | Not more than 10.00% of the Offer |
| Share Holding Pre Issue (Promoters) | 100.00% |
| Share Holding Post Issue (Promoters) | 69.83% |