Polycab India Ltd IPO

Closed

Subscription Details

  • Open Date 05 Apr
  • Close Date 09 Apr
  • Lot Size 27
  • IPO Size ₹ 1345.26 Cr
  • IPO Price Range ₹ 538
  • Min Investment ₹ 14526

Polycab India Ltd IPO Timeline

Open Date
05 Apr
Close Date
09 Apr
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Initial public offering of 25,022,067 equity shares of face value of Rs. 10 each (equity shares) of the company for cash at a price of Rs. 538 per equity share, including a premium of Rs. 528 per equity share, aggregating to Rs. 1345.26 Crores (offer) comprising a fresh issue of 7,440,067 equity shares aggregating to Rs. 400 Crores by the company (fresh Issue) and an offer for sale of to 17,582,000 equity shares by the investor selling shareholder, the promoter selling shareholders, the promoter group selling Shareholders and the individual selling shareholders, collectively referred to as the selling shareholders (defined hereinafter) aggregating to Rs. 945.26 Crores (such equity shares offered by the selling shareholders, collectively referred to as the offered shares and such an offer for sale, offer for sale). The offer includes a Reservation of 175,000 equity shares aggregating up to Rs. 8.49 Crores for eligible employees (defined hereinafter) (employee reservation portion) (which shall not exceed 5% of the post-offer equity share capital of the company). The offer less the employee reservation portion is referred to as the net offer. The offer and the net offer shall constitute 16.83% and 16.72% of the post-offer paid-up equity share capital of the company, respectively. A Discount of Rs.53 per equity share was offered to eligible employees who have bidded in the employee reservation portion. (Employee Discount). Offer Price: Rs.538 per equity share of face value of Rs.10 each. Anchor Investor Offer Price: Rs.538 per equity share. The Offer Price is 53.8 times of the face value.

How to apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Polycab India Ltd IPO

Contact Information

Address

Unit 4 Plot No 105 Nurpura,
Halol Vadodar Road Tal Halol,
panchmahal, Gujarat 389350

Open Demat Account