Initial public offering of up to 132,00,158^ equity shares of face value of Rs. 10 each ("Equity Shares") of Plaza Wires Limited ("The Company" or the "Issuer") for cash at a price of Rs. 54 per equity share (including a premium of Rs. 44 per equity share) ("Issue Price") aggregating up to
Rs. 71.28 crores ("The Issue"). The issue will constitute 30.17 % of the post-issue paid-up equity share capital.
^Subject to finalisation of the Basis of Allotment
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
29-Sep-2023
05-Oct-2023
₹ 54.00
₹ 0.00
Minimum Application for shares in Nos : 277.0
Further Multiples of : 277.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
61.01
Pantomath Capital Advisors Pvt Ltd
Project Financed through Current Offer
71.28
Post Issue Equity Share Capital
43.75
Issue Price
₹54.00
Projects
Funding the capital expenditure towards setting up of proposed manufacturing unit for house wires, fire-resistant wire & cables, aluminum cables and solar cables to expand the product portfolio
Funding the working capital requirements of the company