The allotment status for Marco Cables IPO (Initial Public Offering) will be determined on September 28, 2023. The refund process will begin on September 29, 2023 and shares will be added to Demat accounts on October 3, 2023. It is expected that Marco Cables & Conductors Limited IPO will be listed on October 4, 2023. Investors can check their allotment status online on the Bigshare website or through their bank and Demat account in offline mode. Here is a step-by-step guide on how to check the allotment status for Marco Cables & Conductors Limited IPO online or offline.
The company plans to raise approximately ₹18.73 Crores through the IPO, with a fixed price per equity share of ₹36. The IPO will be listed on the NSE SME.
How To Check Marco Cables IPO Allotment Status:
Marco Cables IPO Time Table:
| Event | Date |
| Opening Date | 21 September 2023 (Thursday) |
| Closing Date | 25 September 2023 (Monday) |
| Basis of Allotment | 28 September 2023 (Thursday) |
| Initiation of Refunds | 29 September 2023 (Friday) |
| Credit of Shares to Demat | 3 October 2023 (Tuesday) |
| Listing Date | 4 October 2023 (Wednesday) |
| Deadline for UPI mandate confirmation | 5 PM on 25 September 2023 |
Marco Cables IPO Subscription Status:
| Category | Subscription |
| Other | 0.00x |
| Retail | 0.00x |
| Total | 0.00x |
Marco Cables IPO Allotment Date:
The allotment date for Marco Cables IPO is 28 September 2023.
Marco Cables IPO Allotment Timing:
The allotment status of Marco Cables IPO will be updated on the register’s website between 10:00 PM tonight (28 September 2023) and 11:00 AM tomorrow (29 September 2023).
Marco Cables IPO Allotment Chances:
The basis of allotment for the Marco Cables IPO will be around %, as determined by the retail subscription rate. (Approx.)
You can Check Marco Cables IPO Allotment Status in two ways:
Marco Cables IPO: Discover Your Allotment Status on BSE
- Go to the direct BSE link at : BSE Link (Click Here) and log in.
- Select the Marco Cables IPO.
- Enter the Marco Cables IPO application number.
- Enter your PAN details.
- Verify that you are not a robot by clicking the ‘I’m not a robot’ button.
- Click the ‘Submit’ button.
Marco Cables IPO: Discover Your Allotment Status on BigShare Services
- Go to the direct BigShare link at (Click Here) and log in.
- Select the Marco Cables IPO.
- Enter the Marco Cables IPO application number.
- Enter your PAN details.
- Verify that you are not a robot by clicking the ‘I’m not a robot’ button.
- Click the ‘Submit’ button.
Marco Cables IPO Allotment Link
Marco Cables & Conductors IPO GMP TODAY:
| Company Name | GMP (₹) | Listing Gain |
| Marco Cables IPO GMP | ₹8 | 22.22% |
About Marco Cables & Conductors Limited
Marco Cables & Conductors Limited, established in 1989, specializes in making and selling wires, cable wires, and conductors in India.
Here’s a breakdown of their product range:
- LT Aerial Bunched Cables: These are used for distributing power overhead. They offer enhanced safety, reliability, lower power losses, and cost-efficiency. Ideal for challenging terrains like hills, forests, and coastal areas.
- LT PVC Cables:
- AAAC Conductor: Made from a high-conductivity aluminum-magnesium-silicon alloy with added magnesium (0.6-0.9%) and silicon (0.5-0.9%) for improved mechanical properties.
- LT XLPE Cables: These feature copper or aluminum conductors with XLPE insulation, inner tape/extrusion, galvanized mild steel wire/strip armoring, and a high-grade PVC outer sheath, all meeting relevant IS specifications.
- ACSR Conductors: These consist of a solid or stranded steel core encircled by aluminum strands (E.C. GRADE). ACSR Conductors come in various steel types (with carbon content ranging from 0.5% to 0.85%) and are known for their high tensile strength, making them suitable for river crossings, overhead ground wires, and long-span installations.
Marco Cables & Conductors operates a manufacturing unit in Nasik, Maharashtra, with an annual production capacity of 18,000 kilometers as of August 7, 2023.
In terms of revenue from operations, the company reported Rs. 5,676.79 Lacs, Rs. 5,641.00 Lacs, and Rs. 4,239.18 Lacs for the fiscal years 2023, 2022, and 2021, respectively.
Marco Cables IPO FAQs
When is Marco Cables IPO Allotment Date?
Marco Cables IPO Allotment is to be available on September 28, 2023.
What will be Marco Cables IPO Refund Date?
The IPO refund date is September 29, 2023.
What are the Marco Cables IPO Allotment Chances in Percentage (%)?
The Marco Cables IPO allotment is based on the subscription. As per the retail application received the basis of allotment will be around %. (Approx.)
How do I Check My Marco Cables IPO Allotment Status?
How to Check Your Marco Cables IPO Allotment Status: Utilize Your PAN Number, Application Number, or Verify the Deducted Amount from Your Bank Account.
How to check Marco Cables IPO Allotment Status?
To check your Marco Cables IPO allotment status, you can use your PAN number, application number or check the amount deducted from your bank account.
How to check the Marco Cables IPO Allotment via Registrar ( Name )?
To check the allotment status of Marco Cables IPO, simply log onto the allotment page and enter your application number, PAN number, or demat account number. It’s that easy! Click Here
What is Marco Cables IPO Listing Date?
Marco Cables IPO listing date is October 4, 2023. The IPO is to list on NSE SME.
For Motre Detail of Marco Cables IPO Click Here
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