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Plaza Wires lists with 55.56% premium on the BSE

12 Oct 2023 Evaluate

Plaza Wires has debuted at Rs 84.00 on the BSE, up by 30 points or 55.56% from its issue price of Rs 54.

The scrip is currently trading at Rs 80.23, up by 26.23 points or 48.57% from its issue price. It has touched a high and low of Rs 84.00 and Rs 75.00 respectively. So far 5.93 lakh shares were traded on the counter.

The offering, which was open for subscription between September 29, 2023 and October 4, 2023 was subscribed 160.97 times. The issue price was fixed at Rs 54 per share i.e. at upper end of price band of Rs 51-54 apiece.

Plaza Wires is engaged in the business of manufacturing and selling wires, and selling and marketing LT aluminium cables and fast moving electrical goods (FMEG) under its flagship brand ‘PLAZA CABLES’ and home brands such as ‘Action Wires’ and ‘PCG’.


Plaza Wires Share Price

54.27 4.79 (9.68%)
06-May-2026 13:00 View Price Chart
Peers
Company Name CMP
Polycab India 8405.00
KEI Industries 5173.00
RR Kabel Ltd. 1774.95
Finolex Cables 1028.80
Precision Wire India 401.80
View more..

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