Market Polycab India IPO opens for subscription today: Key things to know Updated : April 05, 2019 07:19 AM IST The price band of the IPO is Rs 533-538 per share and the lot size is 27 shares. Post the issue, the promoters will hold 68.70 percent stake while the remaining will be held by the public. The company is offering equity shares worth about Rs 400 crore and offer for sale (OFS) of 1.76 crore shares. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.