Polycab India Limited is engaged in the business of manufacturing and selling wires and cables and fast moving electrical goods (“FMEG”) under the “POLYCAB” brand.

According to CRISIL Research, company is the largest manufacturer in the wires and cables industry in India, in terms of revenue from the wires and cables segment and provide one of the most extensive range of wires and cables in India.

Company manufactures and sells a diverse range of wires and cables and its key products in the wires and cables segment are power cables, control cables, instrumentation cables, solar cables, building wires, flexible cables, flexible/single multi core cables, communication cables and others including welding cables, submersible flat and round cables, rubber cables, overhead conductors, railway signaling cables, specialty cables and green wires.

Company supplies its products directly to authorized dealers and distributors who in turn supply their products to over 100,000 retail outlets in India. Company manages its sales and marketing activities through its corporate office, three regional offices and 20 local offices in various parts of India as at December 31, 2018. In addition, in Fiscal 2018, company exported its products to over 40 countries. Company revenue from outside India contributed 3.41% of total segment revenue for the nine months period ended December 31, 2018.

Polycab India Limited IPO - Issue Details:

Issuer Polycab India Limited (View Report)
Issue Type 100% Book Built Issue IPO
Issue Period Issue Opens: Apr 05, 2019
Issue Closes: Apr 09, 2019
Price Brand Rs.533* - Rs.538^ per Equity Share
Issue Size Rs.1,336.47* Crores – Rs.1,345.26^ Crores
Face Value Rs.10 per Equity Share
Bit Lot 27 Equity Shares and in multiples thereof
Maximum Bid amount for Retail Rs. 2 Lakhs
QIB 50% of the issue size (1,24,58,447* - 1,24,23,532^ Equity Shares)
NIB 15% of the issue size (37,37,535* - 37,27,061^ Equity Shares)
Retail Individual Bidders 35% of the issue size (87,20,914* - 86,96,474^ Equity Shares)
Employee Reservation 1,75,000 Equity Shares (Rs.8.40* Crs - Rs.8.49^ Crs)
Employee Discount Rs.53/- per Equity Share
Listing NSE & BSE
Registrar Karvy Fintech Private Limited
Book Running Lead Managers IIFL Holdings, Yes Securities
* Lower Price Band; ^ Upper Price Band




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