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.