Open Date
21 Sep 2023
25 Sep 2023
3000 shares
₹18.73 Cr
Lot Size
IPO Size
Listing At
NSE SME
Listing Date
Price Range
₹36 per share
Close Date
Allotment Date
28 Sep 2023
04 Oct 2023
Marco Cables & Conductors Limited is an Indian company founded in 1989 that manufactures and sells wires, cable wires, and conductors. The company's lineup of goods consists of: Bunched LT Aerial Cables: For overhead Power Distribution, it is employed. It is suitable for installation in challenging terrains such mountainous areas, forests, coastal areas, etc. because it offers great safety and dependability, lower power losses, and ultimate system economy by decreasing installation, maintenance, and operating costs. PVC cables in LT. Conductor AAAC: Made from an aluminum, magnesium, and silicon alloy with a high electrical conductivity that contains magnesium and silicon to improve the material's mechanical qualities after processing.
The company intends to utilize the net proceeds from the issue towards the funding of the following objects: Funding of capital expenditure requirements of the company towards the purchase of Solar Power System and 1+12 Rigid Stranding Machine. Funding Incremental Working Capital Requirements General corporate purposes.
The book-running lead managers to the offer are: Shreni Shares Private Ltd
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