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Open
5 Apr 2019
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Close
9 Apr 2019
3
Allotment
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Listing
Tue, Apr 16, 2019
Price Band
₹533 to ₹538
Issue Size
2,50,22,067 shares (agg. up to ₹1,345 Cr)
Lot Size
27 Shares
Listing Date
Tue, Apr 16, 2019
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 36.51x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2018 | 31 Mar 2018 | 31 Mar 2017 | 31 Mar 2016 |
|---|---|---|---|---|
| Assets | 5,385.91 | 4,443.26 | 4,578.81 | 3,874.74 |
| Total Income | 5,561.05 | 6,986.14 | 6,122.54 | 5,747.35 |
| Profit After Tax | 358.22 | 370.92 | 232.96 | 184.70 |
| EBITDA | 743.79 | 803.15 | 555.15 | 523.88 |
| Reserves and Surplus | 2,581.67 | 2,212.36 | 2,036.76 | 1,855.60 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Godha Cabcon & Insulation Ltd. | SME | ₹9.91 Cr | ₹33 | null | ₹31.00 | -6.06% | ₹0.56 (+3.70%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Scheduled repayment of all or a portion of certain borrowings availed by the Company | 80.00 |
| 2 | To fund incremental working capital requirements of the Company | 240.00 |
| 3 | General corporate purposes | 63.47 |
About Polycab India IPO
Incorporated in 1996, Mumbai based Polycab India Limited is engaged in the business of manufacturing, selling and distributing wires, cables and Fast Moving Electrical Goods (FMEG) products. Some of the FMEG products produced by the company are solar products, luminaires, LED lighting, electric fans, and switchgear. The company entered into an engineering, procurement and construction ("EPC") business and FMEG business in 2009 and 2014, respectively. As on 31st March 2018, it has more than 3,300 authorized dealers and distributors, 100,000 retail outlets, 24 manufacturing facilities and 29 warehouses in India. All the sales and marketing activities of the company are handled through corporate office, three regional offices and 20 local offices located across India. For Fiscal 2018, the company has market shares of nearly 18% of the organized wires and cables industry and around 12% of the total wires and cables industry in the country based on manufacturers realization. In 2016, Polycab Wires Private Limited entered into a joint venture agreement with Trafigura to establish a manufacturing facility in Waghodia, India for producing copper wire rods. The plant is expected to start co
Contact Details
Polycab India Ltd. AddressE-554, Greater Kailash-IINew Delhi, New Delhi, 110048+91 11 2922 8574investor.relations@polycab.comVisit Website