Forthcoming_ipo_Polycab India Limited
Download IPO Forms (Pre filled Forms): CLICK HERE
IPO Details:
| Issue Open Date | April 05, 2019 | Price Band : | Rs. 533 – Rs. 538 |
| Issue Open Date | April 09, 2019 | Minimum Bid Qty : | 27 Equity Shares and in multiples thereof |
| Face Value | Rs. 10 | Minimum Investment : | Rs. 14526/- |
Incorporated in 1996, Mumbai based Polycab India Limited is engaged in the business of manufacturing, selling and distributing wires, cables and Fast Moving Electrical Goods (FMEG) products. Some of the FMEG products produced by the company are solar products, luminaires, LED lighting, electric fans, and switchgear.
The company entered into an engineering, procurement and construction (“EPC”) business and FMEG business in 2009 and 2014, respectively. As on 31st March 2018, it has more than 3,300 authorized dealers and distributors, 100,000 retail outlets, 24 manufacturing facilities and 29 warehouses in India. All the sales and marketing activities of the company are handled through corporate office, three regional offices and 20 local offices located across India.
For Fiscal 2018, the company has market shares of nearly 18% of the organized wires and cables industry and around 12% of the total wires and cables industry in the country based on manufacturers realization.
Initial public offering of up to (*) equity shares of face value of Rs. 10 each (equity shares) of the company for cash at a price of Rs. (*) per equity share, including a premium of Rs. (*) per equity share, aggregating up to Rs. (*) Crores (offer) comprising a fresh issue of up to (*) equity shares aggregating up to Rs. 500 Crores by the company (fresh Issue) and an offer for sale of up to 24,886,823 equity shares by the investor selling shareholder, the promoter selling shareholders, the promoter group selling Shareholders and the individual selling shareholders, collectively referred to as the ?selling shareholders? (defined hereinafter) aggregating up to Rs. (*) Crores (such equity shares offered by the selling shareholders, collectively referred to as the offered shares and such an offer for sale, offer for sale). The offer includes a Reservation of up to (*) equity shares aggregating up to Rs. (*) Crores for eligible employees (defined hereinafter) (employee reservation portion) (which shall not exceed 5% of the post-offer equity share capital of the company). The offer less the employee reservation portion is referred to as the ?net offer?. The offer and the net offer shall constitute (*) % and (*) % of the post-offer paid-up equity share capital of the company, respectively. The face value of equity shares is Rs. 10 each. The price band and the minimum bid lot size for the offer will be decided by the company.*
Company Promoters :
- Inder T. Jaisinghani
- Ajay T Jaisinghani
- Ramesh T. Jaisinghani
- Girdhari T. Jaisinghani
Polycab India Limited IPO Registrar:
Name of the Registrar : Karvy Fintech Private Limited
Address of the Registrar : Karvy Selenium, Tower B, Plot 31-32, Gachibowli Nanakramguda,
Hyderabad : 500 032
Contact person name : M. Murali Krishna
Contact details : +91 40 6716 2222
Email ID : einward.ris@karvy.com
Note: Forthcoming ipo Polycab India Limited ipo allotment link on Linkintime website allotment url. Click Here
Polycab India Limited IPO Lead Managers:
- Axis Capital Ltd
- Citigroup Global Markets India Pvt Ltd
- Edelweiss Financial Services Ltd
- IIFL Holdings Ltd
- Kotak Mahindra Capital Company Ltd
- Yes Securities (India) Ltd
Company Address:
Polycab India Limited
E-554, Greater Kailash – II
New Delhi 110 048
Tel: +91 11 2922 8574
Fax: +91 11 4105 4838
E-mail: investor.relations@polycab.com
Website: www.polycab.com
Download IPO Forms (Pre filled Forms) : CLICK HERE
Note : You can contact Mr. Bhavesh on 079-68174005 , for any help regarding IPO subcription