Marco Cables and Conductors SME IPO

Marco Cables and Conductors Limited

₹1,08,000 /3000 sharesMinimum Investment

Marco Cables and Conductors SME IPO Listing DetailsListed OnIssue PriceListing PriceListing Gains
NSE₹36.00₹39.00₹3.00 (8.33%)
Marco Cables and Conductors SME IPO DetailsBidding DatesMin. InvestmentLot SizePrice Range
21 Sep ‘23 - 25 Sep ‘23₹1,08,0003,000₹36 - ₹36
Issue SizeIPO Doc
18.73CrRHP PDF
About Marco Cables and Conductors SMEEstablished in 1989, Marco Cables and Conductors is primarily involved in the manufacturing and sales of wires, cables, and conductors within India. They have 34 years of active engagement in the Indian power cable industry. The company started with the production of wires featuring aluminum or copper conductors, XLPE/PVC cables, and Aerial Bunched Cables. Eventually, they expanded their offerings to include AAAC (All Aluminium Alloy Conductor) and ACSR (Aluminum Conductor Steel Reinforced) Conductors.
The majority of their products find their way to electricity boards in various states such as Maharashtra, Gujarat, Tamil Nadu, Telangana, Haryana, Chhattisgarh, Madhya Pradesh, and others, along with turnkey contractors throughout India. Their product portfolio covers a range of voltage and transmission lines, suitable for applications up to 1.1 KV.;
Parent Organisation
Marco Cables and Conductors Limited
Founded
1989
Managing Director
Mr. Sumit Sugnomal Kukreja
Strengths & Risks
Marco Cables and Conductors possesses the necessary qualifications to participate in Government Projects, meeting the unique Bid Qualification Requirements (BQR) set by various electricity boards. 
Marco Cables and Conductors consistently obtains test reports from renowned accredited laboratories such as Rajasthan Test & Research Centre (RTRC), Power Testing Laboratory, Quality Marking & Testing Laboratory, and KC India Test Laboratories LLP. 
The company predominantly conducts its sales through tenders to State Electricity Boards. The company continued to supply its products to entities such as Dakshin Gujarat Vij Co. Ltd. (Surat), Paschim Gujarat Vij Co. Ltd. (Rajkot), Madhya Gujarat Vij Co. Ltd. (Vadodara), Uttar Gujarat Vij Co. Ltd. (Mehsana), and Gujarat Energy Transmission Company Ltd. (Vadodara) for a decade. 
They have also established a 22-year relationship with TNEB (Chennai), which later underwent division into TANGEDCO (Tamil Nadu Generation & Distribution Co. Ltd.) Chennai and TANTRANSCO (Tamil Nadu Transmission Corporation). 
The company has been serving MSEDCL (Mumbai) for 23 years, CSPDCL (Raipur) for six years, and APCPDCL (Hyderabad) for 11 years. 
They actively engage with Central Government initiatives aimed at expanding power infrastructure and responding to turnkey tenders issued by State Electricity Boards.
To cater to the specific requirements of their clientele, the company's manufacturing team caters to the individual preferences of customers.
The company is currently involved in legal proceedings, and any unfavorable outcomes in these cases could substantially harm its business.
The prices of raw materials used in manufacturing are subject to unpredictable fluctuations beyond the company's control. Sudden increases or volatile price shifts can significantly impact the company's business.
The company's manufacturing facilities, situated in Sinnar, Nasik, are vital to its operations. Any disruptions or shutdowns of these facilities could have adverse effects on the company's business.
Strict quality standards apply to the company's products. Any defects or failures to meet these standards, either by the company or its raw material suppliers, could result in order cancellations, recalls, and potential product liability claims.
A significant portion of the company's sales comes from specific geographical regions, particularly Gujarat, Telangana, Maharashtra, and Madhya Pradesh. Adverse developments in these regions can impact the company's revenue.
The company's success relies on its relationships with customers, especially its top 10 customers. Without long-term contracts in place, the loss of one or more of these customers sourcing elsewhere could adversely affect the company's business and financial condition.
The company's revenue from operations is closely linked to the central government's RDSS (Revamped Distribution Sector Scheme). Any changes or delays in this scheme may result in revenue loss and impact the company's financial stability.
The company experienced negative cash flows in previous years.
The company has outstanding unsecured loans from non-banking financial companies, its directors, and directors' relatives. These loans, amounting to Rs. 889.91 Lakhs for 2023, are repayable on demand.
Financials
*All values are in Rs. Cr
No Graph Data To Display
Application detailsApply asPrice bandApply upto
Regular₹36 - 36₹2 Lakh
High Networth Individual₹36 - 36₹2 - 5 Lakh
For Marco Cables and Conductors SME IPO, eligible investors can apply as Regular.

Listed On	Issue Price	Listing Price	Listing Gains
NSE	₹36.00	₹39.00	₹3.00 (8.33%)

Bidding Dates	Min. Investment	Lot Size	Price Range
21 Sep ‘23 - 25 Sep ‘23	₹1,08,000	3,000	₹36 - ₹36

Issue Size	IPO Doc
18.73Cr	RHP PDF

Apply as	Price band	Apply upto
Regular	₹36 - 36	₹2 Lakh
High Networth Individual	₹36 - 36	₹2 - 5 Lakh

Vaishnavi Tech Park, 3rd & 4th Floor
Sarjapur Main Road, Bellandur
Bengaluru – 560103
Contact Us
PRODUCTS
StocksFutures & OptionsIPOMutual FundsCreditBill Payments
GROWW
About UsPricingBlogMedia & PressCareersHelp and Support
QUICK LINKS
AMC Mutual FundsCalculatorsGlossaryOpen Demat AccountGroww DigestSitemap
ⓒ 2016-2023 Groww. All rights reserved, Built with ♥in India

ABOUT GROWW

Groww is India’s growing financial services platform where users can find their investment solutions pertaining to mutual funds, stocks, US Stocks, ETFs, IPO, and F&Os, to invest their money without hassles.

Groww objectively evaluates stocks and mutual funds and does not advise or recommend any stocks, mutual funds or portfolios. Investors shall invest at their own discretion, will and consent. Groww, at any time, does not guarantee fixed returns on the capital invested.

Groww helps investors -

· By providing 100% paperless online free Demat and trading account opening

· By providing an objective evaluation of products available on the platform

· By being transparent about fees and charges involved while investing in a product

· By offering decision-making assistance by providing technical analysis with advanced charts, well-designed line & candlestick charts that indicate share price movements, and market indices, along with more details about all registered and listed companies

SECURE TRANSACTIONS ON GROWW

All transactions on Groww are safe and secure. Users can invest through SIP or Lumpsum using Netbanking through all supported banks. It uses BSE Star MF (with Member code 11724) as transaction platform.

TRADE AND INVEST SECURELY WITH GROWW

Stocks, Mutual fund investments, F&Os, etc., are very popular with individual investors because of their numerous benefits. On Groww, an investor can -

- Invest in Nifty 50 (NSE) & Sensex (BSE) listed stocks

- Diversify across multiple stocks and other instruments

- Start SIP with any amount (as low as Rs. 500)

- Switch regular funds to direct funds

- Start automated monthly investments (SIP), and benefit from many more features

All type of mutual funds are available on Groww.

INVESTING IN MUTUAL FUND PORTFOLIOS

Portfolio is collection of mutual funds designed to meet your investment goals. Investing in mutual fund portfolios helps you in diversifying your investments and reduces the risk. Portfolios also help you in assigning an investment goals and make it easy for you to save for and achieve your goals. You can create a portfolio yourself or ask an expert to build it for you.

ATTENTION INVESTORS

1. For Stock Broking Transaction 'Prevent unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day...Issued in the interest of Investors.

2. For Depository Transaction 'Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL/NSDL on the same day...Issued in the interest of investors.

3. KYC is a one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.

4. If you are subscribing to an IPO, there is no need to issue a cheque. Please write the Bank account number and sign the IPO application form to authorize your bank to make payment in case of allotment. In case of non allotment the funds will remain in your bank account.

· Investors should be cautious on unsolicited emails and SMS advising to buy, sell or hold securities and trade only on the basis of informed decision. Investors are advised to invest after conducting appropriate analysis of respective companies and not to blindly follow unfounded rumours, tips etc. Further, you are also requested to share your knowledge or evidence of systemic wrongdoing, potential frauds or unethical behaviour through the anonymous portal facility provided on BSE & NSE website.

· Awareness regarding guidelines on Margin collection

1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.

2. Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge.

3. Pay 20% upfront margin of the transaction value to trade in cash market segment.

4. Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard.

5. Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.

Issued in the interest of Investors

DISCLAIMER

NextBillion Technology Private Limited (CIN: U65100KA2016PTC092879) is a member of NSE & BSE with SEBI Registration no: INZ000301838, Depository Participant of CDSL Depository with SEBI Registration no: IN-DP-417-2019 and Mutual Fund distributor with AMFI Registration No: ARN-111686. Registered office and Correspondence office - No.11, 2nd floor, 80 FT Road, 4th Block, S.T Bed, Koramangala, Bengaluru – 560034. For any grievances related to Stock Broking/DP, please write to [email protected] , please ensure you carefully read the Risk Disclosure Document as prescribed by SEBI.

Procedure to file a complaint on SEBI SCORES: Register on the SCORES portal. Mandatory details for filing complaints on SCORES: Name, PAN, Address, Mobile Number, E-mail ID. Benefits: Effective Communication, Speedy redressal of the grievances.

NextBillion Technology Private Limited makes no warranties or representations, express or implied, on products offered through the platform. It accepts no liability for any damages or losses, however caused, in connection with the use of, or on the reliance of its product or related services. Unless otherwise specified, all returns, expense ratio, NAV, etc are historical and for illustrative purposes only. Future will vary greatly and depends on personal and market circumstances. The information provided by our blog is educational only and is not investment or tax advice.

Mutual fund investments are subject to market risks. Please read all scheme related documents carefully before investing. Past performance of the schemes is neither an indicator nor a guarantee of future performance.

Terms and conditions of the website/app are applicable. Privacy policy of the website is applicable.