{"id":26658,"date":"2023-10-11T12:43:41","date_gmt":"2023-10-11T07:13:41","guid":{"rendered":"https:\/\/blog.researchandranking.com\/?p=26658"},"modified":"2025-11-10T13:39:19","modified_gmt":"2025-11-10T08:09:19","slug":"plaza-wires-ipo-allotment-status-3-easy-ways-to-check","status":"publish","type":"post","link":"https:\/\/www.equentis.com\/blog\/plaza-wires-ipo-allotment-status-3-easy-ways-to-check\/","title":{"rendered":"Plaza Wires IPO Allotment Status: 3 Easy Ways to Check"},"content":{"rendered":"
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Plaza Wires IPO<\/h2>\n\n\n\n

Plaza Wires Ltd, a company dealing in wires and cables, was at a pivotal juncture. Their journey was about to take a new and exciting turn, offering a unique opportunity for investors to be part of their future success. This opportunity came in the form of an initial public offering<\/a> (IPO), and the response from the investing community was nothing short of astonishing.<\/p>\n\n\n\n

The IPO<\/a> subscription window opened on September 29, inviting eager investors to become stakeholders in Plaza Wires\u2019 promising venture. Plaza Wires had set the shares\u2019 price in a fixed band, ranging from Rs 51 to Rs 54 per piece, a compelling proposition for investors of all kinds.<\/p>\n\n\n\n

As the subscription period ended on October 5, it was clear that Plaza Wires had struck a chord with investors. The IPO was subscribed a staggering 160.97 times, reflecting the immense demand for Plaza Wires\u2019 shares.<\/p>\n\n\n\n

Category<\/strong><\/td>Subscription (No. of times the equity reserved)<\/strong><\/td><\/tr>
Qualified institutional buyers (QIBs)<\/td>42.84<\/td><\/tr>
Non-institutional investors (NIIs)<\/td>388.09<\/td><\/tr>
Retail investors<\/td>374.81<\/td><\/tr>
Overall<\/td>160.97<\/td><\/tr><\/tbody><\/table>
Source: BQPrime<\/figcaption><\/figure>\n\n\n\n

Investors from all categories expressed their enthusiasm. Retail investors, for instance, bid for shares an astounding 374.81 times the allotted quota, while non-institutional investors followed closely behind, with their category seeing shares subscribed at an incredible 388.09 times.<\/p>\n\n\n\n

Even the category for qualified institutional buyers (QIBs), catering to institutional investors, saw substantial demand, with a subscription rate of 42.84 times the reserved quota.<\/p>\n\n\n\n

Fast forward to October 10, and the excitement was palpable. This was the day when Plaza Wires Ltd was poised to finalize the allotment of shares for its IPO. Investors who had subscribed to the IPO could finally check the status of their share allotment. <\/p>\n\n\n\n

Plaza Wires Limited IPO schedule (tentative dates)<\/strong><\/h3>\n\n\n\n

For those keeping track of the Plaza Wires Limited IPO, here\u2019s a rough outline of the key dates in its journey:<\/p>\n\n\n\n

IPO Opening Date<\/td>  September 29<\/td><\/tr>
 IPO Closing Date<\/td>  October 4<\/td><\/tr>
Basis of Allotment<\/td>  October 10<\/td><\/tr>
Initiation of Refunds<\/td>  October 11<\/td><\/tr>
The Credit of Shares to Demat<\/td>  October 12<\/td><\/tr>
Listing Date<\/td>  October 13<\/td><\/tr><\/tbody><\/table>
Source: BQPrime<\/figcaption><\/figure>\n\n\n\n

How to check Plaza Wires IPO allotment status?<\/strong><\/h2>\n\n\n\n

The good news is that checking your IPO allotment status is straightforward, and you have multiple avenues. Here are three ways to check your Plaza Wires IPO allotment status:<\/p>\n\n\n\n

1. <\/strong>Through Kfin Technologies\u2019 website<\/strong><\/h3>\n\n\n\n

 To check your Plaza Wires IPO allotment status through the official registrar, Kfin Technologies, follow these steps:<\/p>\n\n\n\n