Subscribe To Polycab Ipo

Subscribe to polycab ipo

Polycab IPO description – Polycab is engaged in the business of manufacturing and selling wires and cables and fast moving electrical goods (FMEG) under the POLYCAB brand.

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The company is among the largest manufacturer in the wires and cables industry in India. For Fiscal 2018, it had a market share of approximately 18% of the organized wires and cables industry and approximately 12% of the total wires and cables industry in India, estimated at INR525 billion based on manufacturers realization (Source: CRISIL Research).

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Polycab manufactures a diverse range of wires and cables and its key products in the wires and cables segment are power cables, control cables, instrumentation cables, solar cables, building wires, flexible cables, flexible/single multi core cables, communication cables and others including welding cables, submersible flat and round cables, rubber cables, overhead conductors, railway signaling cables, specialty cables and green wires. In 2009, it diversified into the engineering, procurement and construction (EPC) business, which includes the design, engineering, supply, execution and commissioning of power distribution and rural electrification projects.

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In 2014, the company diversified into the FMEG segment and its key FMEG are electric fans, LED lighting and luminaires, switches and switchgears, solar products and conduits and accessories.

Promoters of Polycab – Inder Jaisinghani, Ajay Jaisinghani, Ramesh Jaisinghani and Girdhari Jaisinghani
Polycab IPO details
Subscription Dates5 – 9 April 2019
Price BandINR533-538 per share (Employee discount – INR53 per share)
Fresh issueINR400 crore
Offer For Sale17,582,000 shares (INR937.12 – 945.91 crore)
Total IPO sizeINR1,337.12 – 1,345.91 crore
Minimum bid (lot size)27 shares
Face Value INR10 per share
Retail Allocation35%
Listing OnNSE, BSE
Objects of Polycab India IPO
  • Scheduled repayment of all or a portion of certain borrowings – INR80 crore
  • Funding working capital requirements – INR240 crore
  • General corporate purposes
  • Issue expenses
Polycab India’s financial performance (in INR crore)
FY2016FY2017FY20189M FY2019
Total revenues5,747.36,122.26,986.05,561.1
Total expenses5,481.95,760.96,409.75,010.3
Comprehensive income182.9232.3373.2357.4
Net margin (%)
More about Polycab India
Polycab India Contact Details

Polycab India Limited
Polycab House, 771,
Mogul Lane, Mahim (West),
Mumbai 400 016 Phone: +91 22 2432 7074
Email:[email protected]

Registrar of Polycab IPO

Karvy Computershare Private Limited
Karvy Selenium Tower B, Plot 31-32,
Gachibowli, Nanakramguda,
Hyderabad – 500 032, Telangana Phone: +91 40 6716 2222 
 +91 40 2343 1551 
[email protected]

Valuation of Polycab India (FY2018)

Earnings Per Share (EPS): INR26.23

Price/Earnings (PE ratio): 20.33 – 20.52

Return on Net Worth (RONW): 15.76%

Net Asset Value (NAV): INR166.39 per share

Polycab India IPO Subscription Details
CategoryShares offeredSubscription (no.

of times, at 5 pm)

Day 1Day 2Day 3
Polycab IPO Allotment Status

Polycab India IPO allotment status is now available on Karvy website.

Click on this linkto get allotment status.

Listing Performance of Polycab India

IPO Opening Date: 5 April 2019

IPO Closing Date: 9 April 2019

Finalisation of Basis of Allotment: 12 April 2019

Initiation of refunds: 15 April 2019

Transfer of shares to demat accounts: 16 April 2019

Listing Date: 16 April 2019

Listing Price on BSE: INR633 per share (up 17.66% from IPO price)

Closing Price on BSE: INR654.8 per share (up 21.71% from IPO price)

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