Marco Cables & Conductors IPO GMP

Author : Sachin Gupta

28-September-2023

What is IPO GMP?

IPO GMP shows us the premium that someone is willing to pay for the corresponding IPO in the grey market; It is used frequently to forecast the listing price of upcoming IPOs.

About Marco Cables &Conductors IPO 

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: LT Aerial Bunched Cables: These cables are used for power distribution above ground. 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.

Marco Cables & Conductors IPO Details

IPO Date

  IPO Close

Face Value

IPO Price

IPO Size

Lot Size

Listing At

Allotment Date

Listing Date

21-Sep-23

₹10 per share

₹36 per share

25-Sep-23

₹18.73 Cr

3000 shares

NSE SME

28-Sep-23

04-Oct-23

Date

GMP

Marco Cables & Conductors IPO GMP

24-Sep-23

₹ 10

25-Sep-23

₹ 06

26-Sep-23

₹ 06

27-Sep-23

₹ 06

28-Sep-23

₹ 06

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