ListedMainboardPWL

Plaza Wires Limited

Plaza Wires Limited is a mainboard IPO raising ₹71 Cr at ₹51 – ₹54 a share. It listed on 12 Oct 2023 and trades at ₹43 today, −21.3% against its issue price of ₹54. It was subscribed 1.81× in total.

54
Issue price
43
Price now
−21.3%
Since issue price
12 Oct 2023
Listed on
1.81×Subscribed (final) · all exchanges

Just covered — bids slightly exceed the shares on offer

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹51 – ₹54
Cut-off price₹54
Issue size₹71 Cr
Shares per lot277
Minimum application₹14,958
Minimum quantity277
Face value₹10
Listing exchanges
ISININE0INJ01017
Bidding hours10:00 – 17:00 IST
Bidding window29 Sept 2023 – 5 Oct 2023

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.