Polycab India Limited - IPO

Incorporated on January 10, 1996, Polycab India Limited is engaged in the business of manufacturing and selling Wires, Cables and Fast Moving Electrical Goods (FMEG) under the 'POLYCAB' brand. According to CRISIL research, Polycab is the largest manufacturer in the Wires and Cables industry in India, in terms of revenue from the wires and cables segment. Some of the FMEG products produced by the company are solar products, luminaires, LED lighting, electric fans, and switchgear. As on 31st March 2018, it has more than 3,300 authorized dealers and distributors, 100,000 retail outlets, 24 manufacturing facilities and 29 warehouses in India. In 2016, Polycab Wires Private Limited entered into a joint venture agreement with Trafigura to establish a manufacturing facility in Waghodia, India, for producing copper wire rods. ( Read Detailed Report )