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Plaza Wires Limited logo

Plaza Wires Limited IPO

Mainboard IPOListedPLAZACABLENSE
Current Market Price (CMP)
₹50.01(-7.39%)
Current Price (CMP)
₹50.01(-7.39%)

Live Market Quote

Listing Price & Gain
₹76(+40.74%)

Day 1 Exchange Open

IPO Issue Price
₹54

Band: ₹51 - ₹54

Total Subscription
160.97x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
29 Sept 2023
IPO Bidding Closes
05 Oct 2023
Allotment & Refunds
Completed
Exchange Listing Day
12 Oct 2023

IPO Subscription Status

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

Overall Demand: 160.97x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)42.84x
Non-Institutional Investors (NII / HNI)388.09x
Retail Individual Investors (RII)374.81x
Total Subscription160.97x
Updated as on 05-Oct-2023 19:00:00

Listing Day & Return Performance

Listing Day Gain+40.74%
₹54 (Issue) → ₹76 (List)
Per share profit: +₹22.00
Holding Return (Till Date)-7.39%
₹54 (Issue) → ₹50.01 (CMP)
Net gain per share: ₹-3.99
Post-Listing Performance (Listing Day → Today):-34.20%

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.

Frequently Asked Questions

What was the issue price or price band of Plaza Wires Limited IPO?
The issue price of Plaza Wires Limited IPO was fixed at ₹54 per equity share. The indicative bidding price band was ₹51 - ₹54.
What were the open, close, and listing dates for Plaza Wires Limited IPO?
Plaza Wires Limited IPO opened on 29 Sept 2023, closed on 05 Oct 2023, listed on 12 Oct 2023.
How much was Plaza Wires Limited IPO subscribed?
The IPO received an overall subscription of 160.97 times. Category-wise, QIBs subscribed 42.84x, NIIs subscribed 388.09x, and Retail investors subscribed 374.81x.
What was the listing price and listing gain of Plaza Wires Limited IPO?
Plaza Wires Limited IPO listed on the stock exchange at ₹76, delivering a listing gain of 40.74% compared to the IPO issue price of ₹54.
Is Plaza Wires Limited IPO a Mainboard or SME IPO?
Plaza Wires Limited IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of Plaza Wires Limited IPO since its IPO?
At the latest market quote of ₹50.01, Plaza Wires Limited IPO has generated an all-time return of -7.39% since its initial public offering.

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