Plaza Wires IPO to open on Friday. Here are 10 things to know about the offer

September 28, 2023

Plaza Wires, a fast-moving electrical goods company, is set to launch its IPO on September 29. The IPO consists of a fresh equity issue of 1.32 crore shares, with a price band of Rs 51-54 per share. The company aims to raise funds for setting up a new manufacturing unit, expanding its product portfolio, and meeting working capital requirements. The IPO is expected to be listed on both exchanges, with the final share allotment on October 9 and listing on October 12.

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