Marco Cables & Conductors Limited

About the company

## **About the Marco Cables & Conductors Limited IPO:** ### Incorporated in 1989, Marco cables & conductors limited  is engaged in the business of manufacturing and selling of wires, cables wires and conductors in India, with an operating history of over 34 years in the power cable industry in India. They commenced their operations with manufacturing of wires (with aluminium / copper conductor), XLPE /PVC cables, Aerial Bunched Cables, subsequently they included AAAC (All Aluminium Alloy Conductor) and ACSR (Aluminium Conductor Steel Reinforced) Conductors. They  have been manufacturing XLPE, PVC & Aerial Bunched Cables for the last  more than 3 decades. ### Majority of their products are supplied to electricity boards of different states like Maharashtra, Gujarat, Tamil Nadu, Telangana, Haryana, Chhattisgarh, Madhya Pradesh etc. and turnkey contractors of India. They also sell their products through a diversified sales & distribution mix, majorly by  securing government tenders for supply to government projects, supply to EPC contractors for turnkey projects and direct sales to few private companies. ### Now, Marco cables & conductors limited is coming out with its initial public offer (IPO).  The IPO will be a fresh issue. The money raised will be utilised for Funding of capital expenditure requirements of our Company towards purchase of Solar Power System and 1 + 12 Rigid Stranding Machine, Funding Incremental Working Capital Requirements & General Corporate Purpose. ## **Here are key details about the Marco Cables & Conductors Limited IPO:** Company Name| **Marco Cables & Conductors  Limited**|  | Company Type| **Private** ---|---|---|---|--- Marco Cables & Conductors Limited IPO Opening Date|**21st September, 2023**Marco Cables & Conductors Limited IPO Price band|**₹36 per share**

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   21 Sept 2023

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   25 Sept 2023

   Last day to place your bid

3. Basis of Allotment

   Completed
   23 Sept 2023

   Share allotment finalised

4. Refund Initiation

   Completed
   27 Sept 2023

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   27 Sept 2023

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   28 Sept 2023

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.