Plaza Wires Ltd - IPO

Plaza Wires Ltd IPO Details

Initial public offering of up to 132,00,158^ equity shares of face value of Rs. 10 each (Equity Shares) of Plaza Wires Limited (The Company or the Issuer) for cash at a price of Rs. 54 per equity share (including a premium of Rs. 44 per equity share) (Issue Price) aggregating up to Rs. 71.28 crores (The Issue). The issue will constitute 30.17 % of the post-issue paid-up equity share capital. ^Subject to finalisation of the Basis of Allotment

Objective of issue

Funding the capital expenditure towards setting up of proposed manufacturing unit for house wires, fire-resistant wire & cables, aluminum cables and solar cables to expand the product portfolio. Funding the working capital requirements of the company. General corporate purposes.

Plaza Wires Ltd Contact Details

Plaza Wires Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - compliance@plazawires.in

Website - www.plazawires.in