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Polycab India Limited will list in coming days at stock exchange platform for trading in Secondary market. Interested clients can fetch details like Price Band and Dates of the IPO, Company Profile, Allotment Status, Listing Dates etc. The firm has drafted a Red Herring Prospectus and got approval for the same from the Regulatory firm Securities Board of India. The IPO is scheduled for Apr 5, 2019 with a price band of Rs. 533- Rs.538 per equity share. The lot size of applying the IPO is for 27 shares. One can apply via ASBA to avail the benefit of listing this IPO. The maximum application of amount for retail investor stood at Rs. 2 lacs.

Company profile:-

The company was incorporated on January 10, 1996 in Mumbai. The firm deals into the business of manufacturing and selling wires and cables and fast moving electrical goods (“FMEG”)
under the “POLYCAB” brand. It is one of the largest manufacturer in the wires and cables industry
and famous brand in India. The company also manufactures and offers various range of wires and cables followed by important key products in the wires and cables segment like power cables, control cables, instrumentation cables, solar cables, building wires, flexible cables, flexible/single multi core cables, communication cables and others including welding cables, submersible flat and round cables, rubber cables, overhead conductors, railway signaling cables, specialty cables and green wires. Under EPC (engineering, procurement and construction) business, it handles designing, engineering, supply, execution and commissioning of power distribution and rural electrification projects.

The company runs and operates its business through 24 manufacturing facilities which include its two joint ventures with Techno Electromech Pvt Ltd. (“Techno”) and Trafigura Pte Ltd (“Trafigura”), located across the states of Gujarat, Maharashtra and Uttarakhand and the union territory of Daman and Diu.
It may introduce and runs its Ryker plant by the end of Fiscal 2019 for the purpose to produce copper wire rods.

Positive Outlook of the Firm:-

  1. One of famous leading firm in wires and cables sector in India,
  2. Offers diverse portfolio of wires and cables and FMEG for its various customer base,
  3. Manage a strong distribution network for launching new products and managing ongoing products and services,
  4. Manufacturing facilities with high degree of backward integration,
  5. One of the established brand in the electricity industry,
  6. Manage an innovative and experienced management and working team.

 

Objects Of The Issue:-

The Net Proceeds from the Fresh Issue are proposed to be utilised towards the following objects:

  1. Scheduled repayment of all or a portion of certain borrowings availed by the firm;
  2. To fund incremental working capital requirements of the Company; and
  3. General corporate purposes.

 

Summary Of Issue:

 

Issue Open:- Apr 5, 2019, Apr 9,2019
Issue Type  Book Built Issue IPO
Issue Size (Value) 17,582,000 Equity Shares of Rs. 10 (aggregating up to Rs. * Cr)
Face Value Rs. 10 Per Equity Share
Issue Price Rs. [533-538] Per Equity Share
Market lots  27 Shares
Minimum Order Quantity 27 Shares
Listing At BSE, NSE

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Polycab India Limited IPO Subscription Details

Category No.of shares offered/reserved No. of shares bid for No. of times of total meant for the category
Qualified Institutional Buyers (QIBs)
Non Institutional Investors
Retail Individual Investors(RIIs)
Employees
Total

 


 

Important dates for Polycab India Limited Allotment Status

Polycab India Limited IPO allotment status would be available soon after the IPO closure date. Usually the allotment comes within a week from the closing date which in this IPO yet to be announced. Important Tantatives dates for Polycab Limited IPO are:

  • The Allotment date for Polycab Limited IPO issue is expected on Apr 12,2019.
  • The amount will get unblocked on Apr 15, 2019.
  • The Shares are expected to credit in DP accounts on Apr 15, 2019.
  • The Shares of Polycab Limited  is likely to get listed on Apr 16,2019 . on both BSE and NSE.

 


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Check Polycab India Limited IPO Allotment Status

Polycab India Limited allotment status would be available soon after the IPO closure date. Usually the allotment comes within a week from the closing date which in this IPO yet to be announced.

One can check the allotment on the given below link with PAN number or Application number or DP Client Id. All you need to do is to follow these steps:-

  1. To Check Polycab India Limited Allotment Status
  2. Go to Application Status
  3. Select IPO as Polycab India Limited 
  4. Enter your PAN Number or Application Id or DP Client Id.

 

It takes little time to fetch information so you need to be little patient.

Download “Polycab India Limited” IPO Application Form

From BSE: click here

 


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Promoters Of The Company:-

1) Inder T. Jaisinghani,

2) Ajay T. Jaisinghani,

3) Ramesh T. Jaisinghani,

4) Girdhari T. Jaisinghani.

Financials:- 

Financials:- (Restated Consolidated Financial Record)

Particulars For the year/Period ended (Rs. in Million)  
Financial Year 31-Dec-18 31-Mar-18 31-Mar-17 31-Mar-16
Total Equity & Liabilities 53,859.07 44,432.58 45,788.08 38,747.40
Total Revenue 55,610.52 69,861.38 61,225.40 57,473.49
Total Expenses 50,102.90 64,097.28 57,608.93 54,819.33
Profit After Tax (PAT) 3,582.23 3,709.20 2,329.56 1,847.04

Lead Manager Details:-

1) Kotak Mahindra Capital Company Limited
1st Floor, 27 BKC Plot No. 27,
‘G’ Block Bandra Kurla Complex Bandra
(East) Mumbai 400 051
Tel: +91 22 4336 0000
Fax: +91 22 6713 2445
E-mail: polycab.ipo@kotak.com
Investor Grievance E-mail: kmccredressal@kotak.com
Contact Person: Ganesh Rane
Website: www.investmentbank.kotak.com
SEBI Registration No.: INM000008704

2) Axis Capital Limited

1st Floor, Axis House C 2,
Wadia International Centre Pandurang
Budhkar Marg Worli
Mumbai 400 025
Tel: +91 22 4325 2183
Fax: +91 22 4325 3000
E-mail: polycab.ipo@axiscap.in
Investor Grievance E-mail: complaints@axiscap.in
Website: www.axiscapital.co.in
Contact Person: Mangesh Ghogle
SEBI Registration No.: INM000012029

3) Citigroup Global Markets India Private Limited

1202, 12th Floor First International Financial Centre
G-Block, C54 & 55,
Bandra Kurla Complex Bandra (East) Mumbai 400 098
Tel: +91 22 6175 9999
Fax: +91 22 6175 9898
E-mail: polycab.ipo@citi.com
Investor grievance e-mail: investors.cgmib@citi.com
Website: www.online.citibank.co.in/rhtm/citigroupglobalscreen1.htm
Contact Person: Archit Khemka SEBI Registration No.: INM000010718

4) Edelweiss Financial Services Limited

14th Floor, Edelweiss House Off. C.S.T. Road Kalina
Mumbai 400 098
Tel: +91 22 4009 4400
Fax: +91 22 4086 3610
E-mail: polycab.ipo@edelweissfin.com
Investor Grievance E-mail: customerservice.mb@edelweissfin.com
Contact Person: Shubham Mehta / Mohit Kapoor
Website: www.edelweissfin.com
SEBI Registration No.: INM0000010650

5) IIFL Holdings Limited

10th Floor, IIFL Centre Kamala City
Senapati Bapat Marg Lower Parel (West)
Mumbai 400 013
Tel: +91 22 4646 4600
Fax: +91 22 24931073
E-mail: polycab.ipo@iiflcap.com
Investor Grievance E-mail: ig.ib@iiflcap.com
Contact Person: Ujjaval Kumar/ Nishita Mody
Website: www.iiflcap.com
SEBI Registration No.: INM000010940

6) YES Securities (India) Limited IFC,

Tower 1&2, Unit No. 602 A 6th Floor,
Senapati Bapat Marg Elphinstone (West)
Mumbai 400 013
Tel: +91 22 3012 6919
Fax: +91 22 2421 4508
E-mail: polycab.IPO@yessecuritiesltd.in
Investor Grievance E-mail: igc@ yessecuritiesltd.in
Contact Person: Nikhil Bhiwapurkar / Ronak Shah
Website: www.yesinvest.in
SEBI Registration No.: MB/INM000012227

Registrar To The Issue:-

Karvy Computershare Private Limited Karvy Selenium,
Tower B Plot number 31 & 32 Gachibowli Financial
District Nanakramguda
Hyderabad 500 032
Tel: +91 40 6716 2222
Fax: +91 40 2343 1551
E-mail: einward.ris@karvy.com
Investor grievance e-mail: polycab.ipo@karvy.com
Contact Person: M. Murali Krishna
Website: https://karisma.karvy.com
SEBI registration No.: INR000000221

Registered Office Details:-

E-554, Greater Kailash – II,
New Delhi 110 048,
Tel: +91 11 2922 8574,
Fax: +91 11 4105 4838
Corporate office: Polycab House,
771, Mogul Lane,Mahim (West),
Mumbai 400 016
Contact Person: Sai Subramaniam Narayana,
Company Secretary and Compliance Officer;
Tel: +91 22 2432 7074;
Fax: +91 22 2432 7075
E-mail: investor.relations@polycab.com
Website: www.polycab.com
Corporate Identity Number: U31300DL1996PLC266483

For More Details Contact us 011-42445800 / 9650901058

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