Plaza Wires IPO Frequently Asked Questions (FAQs)

The Plaza Wires IPO will open on September 29, 2023 and will close on October 05. 2023. The IPO price band is fixed at Rs 51 to Rs 54 Per Share. The company aims to to raise around Rs71.28 crores via this IPO.

Let us look at some of Frequently Asked Questions regarding this particular IPO.

Plaza Wires IPO FAQs:

FAQs About Plaza Wires IPO Dates and Price:

Plaza Wires IPO timetable / schedule is as below:

  • Bid/Offer Opens On: September 29, 2023
  • Bid/Offer Closes On: October 5, 2023
  • Finalization of Basis of Allotment: October 10, 2023
  • Initiation of refunds: October 11, 2023
  • Credit of Equity Shares: October 12, 2023
  • Listing Date: October 13, 2023

The price band of Plaza Wires IPO is Rs51 to Rs54

The Plaza Wires IPO will close at 5PM of October 05, 2023.

Plaza Wires IPO Issue Size and Subscription Status

1,320,015 shares are being offered to retail investors.

CategoryLot SizeSharesRequired Amount
Retail Minimum1277₹14,958
Retail Maximum131365₹191,100
S-HNI Minimum143878₹209,412
B-HNI Minimum6718,559₹10,02,186

To check the Live Subscription status, please visit Plaza Wires IPO Subscription Status

One can apply to this IPO through demat account. IF you dont have demat account contact your  stock broker.

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Plaza Wires”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Plaza Wires”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

Plaza Wires IPO Allotment and Listing

Plaza Wires shares are getting listed on Friday, October 13, 2023

To check the Plaza Wires IPO allotment status - you will need any one for the following documents/numbers

  • PAN Number
  • IPO Application Numbers
  • Demat Account/DP ID number

Yes, You can check if you have got the Plaza Wires IPO allotment by calling the broker customer care.

It can also be confirmed through the bank account statement. When you applied for the IPO, the required amount would have been blocked. Now if you got the allotment, the amount would be deducted from the blocked amount. If there is no allotment, the amount would be released from the blocked amont to your bank account.

Plaza Wires IPO GMP and Listing Gain

The estimated listing price of Plaza Wires IPO is Rs 77 based on current GMP of Rs23 and IPO price of Rs 54. Hence the estimated gain is approx 42.59%.

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