Marco Cables and Conductors SME IPO

Marco Cables and Conductors Limited

₹1,08,000 /3000 sharesMinimum Investment

Marco Cables and Conductors SME IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
21 Sep ‘23 - 25 Sep ‘23₹1,08,0003,000₹36 - ₹36
Issue SizeIPO Doc
18.73Cr
RHP PDF

About Marco Cables and Conductors SME

Established 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.;
Founded in
1989
Managing director
Mr. Sumit Sugnomal Kukreja
Parent organisation
Marco Cables and Conductors Limited

Strengths & Financials of Marco Cables and Conductors SME

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.

Marco Cables and Conductors SME Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Marco Cables and Conductors SME IPO

Apply asPrice bandApply upto
Regular36 - 36₹2 Lakh
High Networth Individual36 - 36₹2 - 5 Lakh
For Marco Cables and Conductors SME IPO, eligible investors can apply as Regular.
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