Plaza Wires IPO GMP Today, Share Price, Lot Size, Reviews, Allotment

You will find the necessary details on Plaza Wires IPO GMP Today, Share Price, Lot Size, Reviews, and Allotment from here. Plaza Group has used a decent approach in providing essential services to the customers via their child company. We will be discussing about the Plaza Wires IPO GMP Today in this article.

Plaza Wires IPO GMP Today

Discussing the efficiency of the Plaza Group, it was started around 35 years ago. Quality and safety is the motto of the company, which has truly been followed by Plaza Wires.

Plaza Wires Limited IPO GMP Today is Rs 51 to 54. This seems to be a great time for investors to utilize their hard-earned money in the initial public offering. Continue reading the article to get the relevant details.

Plaza Wires IPO GMP Share Price

Market capitalization for Plaza Wires has been increasing gradually as the company is serving in a better way. The book-built issue is 71.28 crores, and the fresh issue is 1.32 crores. Both of these issues will be useful for the investors to come up with a decision for buying the shares. As we have discussed in the previous section, the current share price is Rs 54 for the investors. They can find it as a relevant opportunity to purchase the shares for Plaza Wires.

Plaza Wires IPO GMP Today

With IPO GMP, the company will be able to generate increased revenue. This will help the firm to purchase the required cables, such as aluminum, solar, house wires, fire-resistant wires, and so much more. And, the crucial benefit is that the firm will be able to create a significant value in the market considering its competitors. Moreover, the capital requirements of the company will be accomplished with the shares.

Plaza Wires IPO GMP Today Overview

Article Title Plaza Wires IPO GMP Today
Parent Company Plaza Group
Plaza Wires IPO GMP Today Rs 51 to 54
Book Built Issue 71.28 crores
Fresh Issue 1.32 crores
Start Date 2023 29 September 2023
End Date 2023 4 October 2023
Listing On NSE/BSE
Final Allotment 9 October 2023
Lot Size 277 Shares
Retail Investment Rs 14598
sNII 3878 Shares (14 Lots approx)
bNII 18559 Shares (67 Lots approx)
Share Holding Pre Issue 30,551,920
Share Holding Post Issue 43
Helper with Demat Account Zerodha Trade@20
To Know More Information Click Here

Plaza Wires IPO GMP Lot Size

Clearly, from one transaction, you can purchase from 277 Shares. Rs 182.59 crores are the profits that the company has experienced in FY23. The reason that is shared by the financial experts is the increased cash flow within the firm. You can call it the presence of positive reviews from the customer, supreme quality of product/service or the brand image for this enhanced profits.

The reservation for Plaza Wires is 75% for QIB, 15% for NII, and 10% for retail shares. You can buy from 277 Shares as it is the finalized lot size. Consider the issues, profits, losses, and brand value of the company before choosing the lot.

Plaza Wires IPO GMP Reviews

We are researching and providing the content for various companies considering the Plaza Wires Limited IPO GMP. From the most recent ones, we have collected the crucial information for Plaza Wires IPO GMP Today. The company has flaunted the investors with its performance lately in terms of business stability. Moreover, the positive feedback from the customers has contributed better way for the progress of the company.

According to the latest information, the market value of the company is stable. The investors can purchase the IPO GMP according to the lot size and their budget. The current IPO Price is Rs 54 which is reliable according to the financial experts.

Plaza Wires IPO GMP Allotment

Plaza Wires IPO GMP will begin on 29 September 2023 and will end on 4 October 2023. The listing on NSE/BSE will be finalized on 9 October 2023.

Details  Tentative Dates 
IPO Opening Date 29/09/2023
IPO Closing Date 04/10/2023
Allotment Basis 09/10/2023
Fund Initiation 10/10/2023
Demat Credit Share 11/10/2023
NSE/BSE Listing 12/10/2023

The Plaza Wires Registrar is Kfin Technologies Limited. You can send an email to plazawires.ipo@kfintech.com by specifying your IPO GMP Queries. Or you can make a call on 04067162222 to get the proper assistance.

It is advisable to the investors that they must get assistance from finance before investing in Plaza Wires IPO GMP. Incomplete knowledge could be a deal of loss for the IPO grey premium market.

Visit TNAUOnline.in to get the latest information on IPO GMP!

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