Plaza Wires is engaged in the business of manufacturing and selling of wires, and selling and marketing of LT aluminium cables and fast moving electrical goods under the flagship brand "PLAZA CABLES" and home brands such as "Action Wires" and "PCG".
According to its DRHP, the stake sale will entirely consist of the issuance of 1,64,52,000 fresh equity shares, with a face value of Rs 10 each.
The company proposes to utilize the net proceeds towards –
Opening Date
Closing Date
Price Band
Issue Size
Face Value
Market Lot
Listing at NSE, BSE
IPO Open Date | To be announced |
---|---|
IPO Close Date | To be announced |
Allotment Date | To be announced |
Initiation Of Refunds | To be announced |
Credit Of Shares To Demat Account | To be announced |
IPO Listing Date | To be announced |
UPI Mandate Expiry Date | To be announced |
Key Performance Indicators | As of and for the nine months ended December 31, 2021* | March 31, 2019 | March 31, 2020 | March 31, 2021 |
---|---|---|---|---|
Revenue from Operations | 126.693 | 157.740 | 159.142 | 145.378 |
Gross Profit( | 29.827 | 39.657 | 38.094 | 32.703 |
Gross Margin | 23.54% | 25.14% | 23.94% | 22.49% |
EBITDA | 11.828 | 13.583 | 10.835 | 11.078 |
EBITDA Margin | 9.34% | 8.61% | 6.81% | 7.62% |
Profit After Tax for the Year / Period | 5.744 | 7.022 | 4.004 | 4.372 |
PAT Margin | 4.53% | 4.45% | 2.52% | 3.01% |
ROE | 71.08% | 22.50% | 11.37% | 11.04% |
ROCE | 19.68% | 30.89% | 23.15% | 19.23% |
Debt / Equity | 0.021 | 0.022 | 0.015 | 0.028 |
A simple and smartest way to Apply in IPO online via Religare Dynami Mobile App
Below are your top reasons:
Strengths | Risks | ||
---|---|---|---|
Product portfolio focused on various customer segments and markets | Failure to obtain, maintain or renew statutory and regulatory licenses, permits and approvals required to operate business in India | ||
Strong distribution network | Heavy dependence on the performance of the wires and cables market. Any adverse changes in the conditions affecting the wires and cables market can adversely impact business | ||
Experienced management and dedicated employee base | Increased product liabilities due to failure to meet various quality standards and good manufacturing practices |
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An IPO also known as initial pulic offering or stock launch is a process when a private company sale its shares to public for the first time. Learn more about IPO at our knowledge centre.
Plaza Wires Limited, headquartered in New Delhi has submitted a Draft Red Herring Prospectus(DRHP) to the Securities and Exchange Board of India(SEBI) for an initial public offering (IPO) of 1,64,52,000 Equity Shares on 30 April 2022.
A lot size is the minimum number of shares that an investor has to bid for. A lot size differs for each IPO and is fixed by the company.
IPO Price Band is the price range within which investors can bid for the shares. The minimum price is called the floor price and the maximum price is called the cap price.
Issue size is the total value of an IPO. It is calculated by multiplying the number of shares offered by the company by the issue price per share.
You will receive an email on your registered email id if the IPO shares are allotted to you. Alternatively, you can also visit the registrar of the company’s official website and provide the details as asked in the allotment status section of the website.
IPOs, as such, do not have any taxes. You are taxed only when you decide to sell the IPO shares. Any monetary profit you make while selling the IPO shares is referred to as ‘capital gains’.
Capital gains tax is charged depending on how long you held the shares for. If you owned the shares for less than 12 months, it is considered as short-term capital gains and if it is over 12 months, it is referred as long-term capital gains.
Tax on short-term capital gains is 15%. It is 10% for equity gains in the long run (over 12 months). Do remember that you are taxed if the equity proceeds exceed Rs 1 lakh.