Polycab IPO Opens on April 5th


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Incorporated in 1996, Mumbai based Polycab India Ltd is engaged in the business of manufacturing, selling and distributing wires, cables and Fast Moving Electrical Goods (FMEG) products. The list of FMEG products produced include solar products, luminaires, LED lighting, electric fans, and switchgear.

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.

The company has exported products to 40 countries outside India and contributed 5.14% in total revenue for Fiscal 2018.

Polycab public issue detail:
  • Issue Open: Apr 5, 2019 - Apr 9, 2019
  • Issue Type: Book Built Issue IPO
  • Issue Size: Fresh Issue: Rs 400.00 Cr, Offer for Sale: 17,582,000 Equity Shares
  • Face Value: Rs 10 Per Equity Share
  • Issue Price: Rs 533 - Rs 538 Per Equity Share
  • Market Lot: 27 Shares
  • Min Order Quantity: 27 Shares
  • Listing At: BSE, NSE

For more detail visit Polycab IPO Detail page.


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