
Plaza Wires Limited IPO
Live Market Quote
Day 1 Exchange Open
Band: ₹51 - ₹54
Overall Bid Demand
Gross Public Offer
IPO Schedule & Key Dates
IPO Subscription Status
Breakdown of institutional, high-net-worth, and retail bidding demand
Listing Day & Return Performance
About Plaza Wires Limited IPO
Plaza Wires Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 29 Sept 2023 and concluded on 05 Oct 2023, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹51 - ₹54.
During the bidding window, Plaza Wires Limited witnessed heavy demand with an overall subscription of 160.97 times. Institutional investors (QIB) subscribed 42.84x, non-institutional high-net-worth investors (NII) subscribed 388.09x, and retail individual investors (RII) bid 374.81x their reserved quota.
The equity shares of Plaza Wires Limited officially debuted on the stock exchanges on 12 Oct 2023 at an opening listing price of ₹76, delivering a listing day return of +40.74% (premium) over the final issue price. As per the latest market data, the stock trades at ₹50.01, representing an overall decline of -7.39% since its IPO allotment.