Plaza Wires IPO Review - Issue Date, Price, GMP, Subscription, Allotment, Lot Size, and Details

Plaza Wires IPO Review

Plaza Wires Ltd. (PWL) manufactures and sells wires, LT aluminium cables, and FMEGs like PCBs, fans, and water heaters under brands like "PLAZA CABLES" and "Action Wires." Over the last three years, PWL has shown consistent revenue and profit growth, with an average EPS of Rs. 2.11 and RoNW of 13.23%. The issue is priced at a P/BV of 3.11 based on its NAV of Rs. 17.37 as of March 2023, and 1.90 post-IPO NAV of Rs. 28.42 per share. While PWL is expanding with a new manufacturing unit, it faces strong competition in the electrical segment. Considering its steady performance, investors may view this IPO as fully priced but potentially rewarding for medium to long-term investments.

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The GST registration process at FinanceSaathi is quick, transparent, and end-to-end online:

Step Process Timeline
1 Consultation & Eligibility Check – Our experts assess your business and required documents. 1 Day
2 Document Collection & Preparation – You share scanned copies; we prepare the application. 1–2 Days
3 Online Application Submission – Filing GST REG-01 on GST portal. 1 Day
4 ARN Generation & Verification – Acknowledgment number generated and verified. 1 Day
5 GST Officer Review – Department may seek clarification if required. 2–3 Days
6 GSTIN Allotment & Certificate Issued – Once approved, you receive your GST registration certificate via email. 3–5 Days Total

Estimated Total Duration: 3–5 Working Days

Services

The GST registration process at FinanceSaathi is quick, transparent, and end-to-end online:

Step Process Timeline
1 Consultation & Eligibility Check – Our experts assess your business and required documents. 1 Day
2 Document Collection & Preparation – You share scanned copies; we prepare the application. 1–2 Days
3 Online Application Submission – Filing GST REG-01 on GST portal. 1 Day
4 ARN Generation & Verification – Acknowledgment number generated and verified. 1 Day
5 GST Officer Review – Department may seek clarification if required. 2–3 Days
6 GSTIN Allotment & Certificate Issued – Once approved, you receive your GST registration certificate via email. 3–5 Days Total

Estimated Total Duration: 3–5 Working Days

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