Closed
Marco Cables and Conductors Limited logo

Marco Cables and Conductors Limited IPO

SME IPOListedMARCONSE
Current Market Price (CMP)
₹51(+41.67%)
Current Price (CMP)
₹51(+41.67%)

Live Market Quote

Listing Price & Gain
₹38.70(+7.50%)

Day 1 Exchange Open

IPO Issue Price
₹36

Band: ₹36

Total Subscription
28.2x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
21 Sept 2023
IPO Bidding Closes
25 Sept 2023
Allotment & Refunds
Completed
Exchange Listing Day
28 Sept 2023

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 28.2x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)0x
Non-Institutional Investors (NII / HNI)0x
Retail Individual Investors (RII)0x
Total Subscription28.2x
Updated as on 25-Sep-2023 18:27:00

Listing Day & Return Performance

Listing Day Gain+7.50%
₹36 (Issue) → ₹38.70 (List)
Per share profit: +₹2.70
Holding Return (Till Date)+41.67%
₹36 (Issue) → ₹51 (CMP)
Net gain per share: +₹15.00
Post-Listing Performance (Listing Day → Today):+31.78%

About Marco Cables and Conductors Limited IPO

Marco Cables and Conductors Limited is an Indian public offering categorized under the SME (Small and Medium Enterprise) segment. The public issue opened for bidding on 21 Sept 2023 and concluded on 25 Sept 2023, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹36.

During the bidding window, Marco Cables and Conductors Limited witnessed heavy demand with an overall subscription of 28.2 times. Institutional investors (QIB) subscribed —, non-institutional high-net-worth investors (NII) subscribed —, and retail individual investors (RII) bid — their reserved quota.

The equity shares of Marco Cables and Conductors Limited officially debuted on the stock exchanges on 28 Sept 2023 at an opening listing price of ₹38.70, delivering a listing day return of +7.50% (premium) over the final issue price. As per the latest market data, the stock trades at ₹51, representing an overall gain of +41.67% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Marco Cables and Conductors Limited IPO?
The issue price of Marco Cables and Conductors Limited IPO was fixed at ₹36 per equity share. The indicative bidding price band was ₹36.
What were the open, close, and listing dates for Marco Cables and Conductors Limited IPO?
Marco Cables and Conductors Limited IPO opened on 21 Sept 2023, closed on 25 Sept 2023, listed on 28 Sept 2023.
How much was Marco Cables and Conductors Limited IPO subscribed?
The IPO received an overall subscription of 28.2 times. Category-wise, QIBs subscribed —x, NIIs subscribed —x, and Retail investors subscribed —x.
What was the listing price and listing gain of Marco Cables and Conductors Limited IPO?
Marco Cables and Conductors Limited IPO listed on the stock exchange at ₹38.70, delivering a listing gain of 7.50% compared to the IPO issue price of ₹36.
Is Marco Cables and Conductors Limited IPO a Mainboard or SME IPO?
Marco Cables and Conductors Limited IPO is a SME IPO listed on the SME platform of NSE.
What is the current return of Marco Cables and Conductors Limited IPO since its IPO?
At the latest market quote of ₹51, Marco Cables and Conductors Limited IPO has generated an all-time return of +41.67% since its initial public offering.

Related SME IPOs (2023)