| IPO Listing At | NSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹18.73 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹18.73 Cr |
| Fresh Issue | ₹8.33 Cr |
| Offer for Sale | ₹9.36 Cr |
| Face Value | โน10 Per Equity Share |
| Issue Price | โน36.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | MARCO |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Shreni Shares Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 3,000 shares and in multiples thereof
Incorporated in 1989, Marco Cables & Conductors Limited is engaged in the business of manufacturing and selling wires, cable wires, and conductors in India.
The company's product list includes:
Marco Cables & Conductors' manufacturing unit is located at Nasik, Maharashtra, with a combined installed production capacity of 18,000 Kms p.a. as of August 07, 2023.
The company recorded Rs. 5,676.79 Lacs, Rs. 5,641.00 Lacs, and Rs. 4,239.18 Lacs in revenue from operations in fiscal 2023, 2022, and 2021 respectively.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Funding of capital expenditure requirements of the Company towards purchase of: (i) Solar Power System and (ii) 1 + 12 Rigid Stranding Machine | 1.87 |
| 2 | Funding Incremental Working Capital Requirements | 5.00 |
| 3 | General Corporate Purposes | 1.70 |
| Total | 8.56 |
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|
| Assets | 69.93 | 59.55 | 56.59 |
| Total Income | 56.94 | 56.65 | 42.83 |
| Profit After Tax | 2.81 | 0.33 | 0.12 |
| NET Worth | 15.61 | 9.45 | 9.11 |
| Reserves and Surplus | 12.39 | 6.55 | 6.22 |
| Total Borrowing | 37.58 | 36.65 | 35.22 |
| Amount in ₹ Crore | |||
| KPI | |
|---|---|
| ROE | 22.41% |
| ROCE | 16.93% |
| Debt / Equity | 2.41% |
| RoNW | 17.98% |
| PAT Margin | 4.94% |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 1.78 | |
| P/E (x) | 20.22 | 24 |
| Promoter Holding | 100.00% | 72.18% |
| Market Cap | โน67.32 Cr. | |