IPO Dates

Important dates with respect to IPO allotment and listing

IPO Open Date

To be announced

About Company

Their business was started with the intention of filling a void in the local wire and cable market by providing clients from different backgrounds with affordable, high-quality, and measurable products. In 2021, they introduced a range of home wires for low-cost products under the trade name "Action Wires." According to the Resurgent India Research Report, they produce a variety of wires and cables and are among the companies with the quickest growth in the northern region of India.

Their product mix includes a variety of wires and cables in addition to FMEG including electric fans, water heaters, switches, switchgear, PVC insulated electrical tape, and PVC conduit pipe and accessories.

Plaza Wires Limited IPO Objectives

- Funding the capital expenditure towards setting up a new manufacturing unit for house wires, fire-resistant wires & cables, aluminium cables and solar cables to expand the product portfolio.
- Funding the working capital requirements of the Company.
- General corporate purposes.

Why should you invest in the Plaza Wires Limited IPO?

  • Global wires and Cables market is expected to reach worth $236.1 billion in 2024 growing at a CAGR of 8.00%.
  • The C&W industry is expected to grow to ₹1,033bn in FY23, boosted by increased infra spends by the government.
  • The wires and cables industry in India to expand at a CAGR of approximately 14.50% in value terms to reach approximately ₹1,550 billion by Fiscal 2026.

IPO Financials

Key Performance Indicators As of and for the nine months ended December 31, 2021* March 31, 2019 March 31, 2020 March 31, 2021
Revenue from Operations 126.693 157.740 159.142 145.378
Gross Profit( 29.827 39.657 38.094 32.703
Gross Margin 23.54% 25.14% 23.94% 22.49%
EBITDA 11.828 13.583 10.835 11.078
EBITDA Margin 9.34% 8.61% 6.81% 7.62%
Profit After Tax for the Year / Period 5.744 7.022 4.004 4.372
PAT Margin 4.53% 4.45% 2.52% 3.01%
ROE 71.08% 22.50% 11.37% 11.04%
ROCE 19.68% 30.89% 23.15% 19.23%
Debt / Equity 0.021 0.022 0.015 0.028

Know before investing



The company strives to offer quality products at low prices to make them accessible to all its customers and work as a means to accelerate the business.

Plaza Cables has a wide product portfolio, including wires, cables, various fan types, and certain electronics. The company also introduced a low-cost segment of products under the brand “Action Wires” in 2021.

The company has come a long way, but its value and dedication to its customers have remained the same through the years.

The new manufacturing unit will enhance the scale of operations, and the company will be able to expand its product portfolio.



Inadequate or interrupted raw material and packaging material supply, as well as pricing fluctuations, could harm the business, results of operations, cash flows, profitability, and financial position.

The business requires a large amount of working capital, and a large portion of that capital is spent on trade receivables and stocks.

Due to the fragmentation of the market segments in which they operate, they face competition from major players, which may have an impact on their company operations, cash flows, profitability, & financial conditions.

The business and prospects may suffer if they are unable to continue to implement the brand building and marketing strategies for each of their brands.

  • How to Apply in IPO
  • How to Check IPO Allotment Status

Login to Angel One App / Website & click on IPO

Select desired IPO & tap on "Apply"

Enter UPI ID, set quantity/price & submit

Accept mandate on the UPI app to complete the process

Login to Angel One App / Website

Choose IPO section on Home Page

Click IPO Orders

Chose the IPO application you want to view the status for

What is Plaza Wires Limited's Initial Public Offering?

Plaza Wires Limited, headquartered in New Delhi has submitted a Draft Red Herring Prospectus(DRHP) to the Securities and Exchange Board of India(SEBI) for an initial public offering (IPO) of 1,64,52,000 Equity Shares on 30 April 2022.

When will allotments for the Plaza Wires Limited IPO become available?

Plaza Wires Limited IPO will finalize the allotment by <>.

What will the IPO lot size for Plaza Wires Limited be?

Each Plaza Wires Limited IPO lot has <> shares.

When will Plaza Wires Limited IPO be available to buy?

The IPO of Plaza Wires Limited will be open for subscription from <>.

What is Plaza Wires Limited’s smallest lot size available to retail investors?

The minimum market lot size for the Plaza Wires Limited IPO is <> shares.

Which exchanges will Plaza Wires Limited list on?

Plaza Wires Limited shares will be listed on both BSE as well as the National Stock Exchange (NSE).

What is the IPO size of Plaza Wires Limited?

The IPO size of Plaza Wires Limited is Rs <> crore.

How to check the allotment status of Plaza Wires Limited IPO on the Angelone App?

The easiest ways to check your IPO allotment status on the Angelone app are below:
Step 1
Login & Look for Investment Opportunities via Angelone App.
Step 2
Choose IPOs & FPOs.
Step 3
Click Order Book.

How will I get my Plaza Wires Limited stock?

Following allotment, the Plaza Wires Limited shares will be credited to the Demat account.

Can I use one PAN to submit multiple applications for the public issue of Plaza Wires Limited?

No, you cannot use the same PAN to make multiple applications for this Plaza Wires Limited IPO or any other public offering.

Is it necessary to give immediate approval to a UPI mandate request?

Yes, immediately approving a UPI mandate request is preferable. Accepting it as soon as you receive it is much better.

Who is the Plaza Wires Limited CEO?

Mr Sanjay Gupta is the CEO of Plaza Wires Limited.