Plaza Wires IPO Listing News Highlights: Shares make strong debut, list at around 55% premium on BSE

Written By: Raghwendra Shukla Updated on: October 12, 2023, 12.50 PM IST

Plaza Wires IPO Listing News Highlights, Plaza Wires Share Price NSE, BSE: Plaza Wires IPO received a strong response from investors and was subscribed a whopping 160.98 times.

Plaza Wires IPO Listing News Highlights, Plaza Wires Share Price NSE, BSE: Shares of Plaza Wires are scheduled to be listed on bourses today i.e. October 12. According to the BSE website, the shares will be listed and admitted to dealings on the Exchange in the list of 'T' Group of Securities. 

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Share of Plaza Wires will be listed during a special pre-open session today and will become available for trade from 10 am onwards. Earlier, the IPO received a strong response from investors and was subscribed a whopping 160.98 times.

Plaza Wires IPO Listing on NSE and BSE Highlights:  

 

 

Latest Updates

  • Plaza Wires IPO Listing Today News LIVE Updates: Shares list at 40% premium on NSE

     

    Shares of Plaza Wires were listed at Rs 76, a premium of around 40% against the issue price of Rs 54, on the National Stock Exchange (NSE).

  • Plaza Wires IPO Listing Today News LIVE Updates: Strog debut for Plaza Wires

     

    Shares of Plaza Wires make a strong debut on the bourses today. The shares got listed at Rs 85, a premium of around 55% against the issue price of Rs 54, on the Bombay Stock Exchange (BSE).

  • Plaza Wires IPO Listing Today News LIVE Updates: Price settles at a premium of 55%

     

    In the pre-opening session, Plaza Wires shares settled at Rs 84 on the BSE, a premium of around 55 per cent to the issue price of Rs 54.

  • Plaza Wires IPO Listing Today News LIVE Updates: Equity shares to list on BSE, NSE

     

    The equity shares of the company are proposed to be listed on the BSE and NSE.

  • Plaza Wires IPO Listing Today News LIVE Updates: Sensex rises by 73 points 

     

    Sensex rises by 73 points to 66,546.08, Nifty advances 23.85 points to 19,835.20 in opening trade on Thursday.

  • Plaza Wires IPO Listing Today News LIVE Updates: Kfin Technologies is official registrar

     

    Kfin Technologies is the official registrar of the Plaza Wires IPO.

  • Plaza Wires IPO Listing Today News LIVE Updates: Raised Rs 20 crore from anchor investors

     

    Plaza Wires has raised Rs 20 crore from anchor investors. The equity shares of the company are proposed to be listed on the BSE and NSE.

  • Plaza Wires IPO Listing Today News LIVE Updates: What does the company do?

     

    The company is in the business of manufacturing, marketing and selling wires, aluminium cables and fast-moving electrical goods like electric fans and water heaters.

  • Plaza Wires IPO Listing Today News LIVE Updates: Price range for the offer was Rs 51-54 

     

    The offer was a fresh issue of up to 1,32,00,158 equity shares. The price range for the offer was Rs 51-54 a share.

  • Plaza Wires IPO Listing Today News LIVE Updates: QIBs part got subscribed 42.84 times 

     

    The Qualified Institutional Buyers (QIBs) part was subscribed 42.84 times. The Rs 71.28 crore initial share sale received bids for 1,52,86,56,909 shares against 94,96,114 shares on offer, as per NSE data.

  • Plaza Wires IPO Listing Today News LIVE Updates: IPO subscribed whopping 161 times

     

    The Initial Public Offering (IPO) of Plaza Wires was subscribed over 160 times on the final day of subscription on Thursday i.e. October 5.

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