Plaza Wires Ltd
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compliance@plazawires.in Website:www.plazawires.in
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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
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Plaza Wires Ltd
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Rs Cr |
Lead Managers to the Issue |
61.01 |
Pantomath Capital Advisors Pvt Ltd |
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71.28 |
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43.75 |
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Rs.
54.00
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Projects |
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
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Funding the working capital requirements of the company
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General corporate purposes
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