DCG Wires And Cables Limited IPO is an NSE SME IPO. They are going to raise ₹49.99 Crores via IPO. The issue is priced at ₹100 to ₹100 per equity share. The IPO is to be listed on NSE.
DCG Wires And Cables Limited IPO opens for subscription on April 08, 2024, and closes on April 10, 2024. The allotment for the DCG Wires And Cables Limited IPO is expected to be finalized on April 12, 2024. DCG Wires And Cables Limited IPO will list on NSE SME with tentative listing date fixed as April 16, 2024.
| IPO Details | allotment |
| Minimum Investment ₹120,000 /1 Lot (1200 shares) | Price Range ₹100-₹100 | |
| Max Quantity 1 Lots/1200 Shares | Max Investment ₹120,000 | Retail Discount ₹0 |
| Investor category and subcategory Individual- HNI & Retail | Issue Size 49.99 Cr | Employee Discount ₹0 |
| Total Issue Size 4,999,200 Shares (aggregating up to ₹49.99 Cr) | Share Holding Pree Issue 13,150,400 | Issue Type Fixed Price Issue IPO |
| Fresh Issue Share 4,999,200 Shares (aggregating up to ₹49.99 Cr) | Share Holding Post Issue 18,149,600 | Listing At NSE SME |
| Market Maker Portion 252,000 Shares (Nikunj Stock Brokers) | Face value ₹10 pr share. |
IPO Dates
| Offer Starts | 08 April 2024 |
| Offer Ends | 10 April 2024 |
| Allotment | 12 April 2024 |
| Refunds | 15 April 2024 |
| Credit of shares to Demat account | 15 April 2024 |
| IPO Listing | 16 April 2024 |
About DCG Wires And Cables Limited
DCG Wires And Cables Limited was founded in 2017 and manufactures copper cables and wires for transformer manufacturers in India.
The company’s product portfolio includes Copper Strips, Paper Covered Copper Strips in rectangular and round shapes, as well as multiple paper-covered copper conductors and connection cables, and Wires (kraft/crepe/nomex/mica), Bare Copper Wires and Strips, Copper Tapes and Fiber Glass Copper.
DCG Wires and Cable majorly supply their products to the transformer manufacturing companies in India and their main marketing strategy is to develop and maintain good relationships with their customers. Their promoter has been in this industry since 2008 and his relationships with the customers/clients have been very helpful for the growth of their business. As of the date of this Prospectus, they have three manufacturing units – Odhav and Kubadthal in Ahmedabad and Waghodia Vadodara.
| Incorporated in | Managing Director |
| 2003 | Mr. |
Share Holding
Mr. Devang Patel, Mr. Harshadbhai Patel, and Ms. Ushaben Patel are the company’s promoters.
| Share Holding Pre-Issue | 100.00% |
| Share Holding Post-Issue | 72.45% |
DCG Wires And Cables Limited IPO Prospectus
| DCG Wires And Cables Limited IPO Prospectus | |
| DRHP Draft Prospectus | Click Here |
| RHP Draft Prospectus | Click Here |
Financials
| Year | 2023 | 2022 | 2021 |
| Revenue | ₹5,455.18 | ₹ | ₹ |
| Assets | ₹3,564.12 | ₹ | ₹ |
| Profit | ₹176.06 | ₹ | ₹ |
| values are in ₹. Lakhs |
Fundamentals
Company’s key performance indicators
| Values | Values | ||
| Market cap | 181.5 Cr | ROE | 35.92% |
| P/E (X) | 76.43 | ROCE | 59.10% |
| POST P/E (X) | 19.64 | EPS | 1.31 |
| Debt to Equity | 1.09 | RONW | 35.79% |
Objects of the Issue
The Objects of the company is to raise funds for:
- Capital Expenditure for building construction.
- Working capital requirement.
- General Corporate Purpose.
- Meeting Public Issue Expenses.
Brokerage Firm IPO Review
- To be updated soon
| DCG Wires And Cables Limited Contact Details | |
| Address | DCG Wires And Cables Limited 12, Agrasen Industrial Estate, Chotalal Ni Chali, Odhav Road, Ahmedabad -382415 |
| Phone: | +91 7861804932 |
| dcgcopperindustries@yahoo.com | |
| Website | http://www.dcgcableswiresltd.com/ |
| DCG Wires And Cables Limited IPO Registrar | |
| . | Bigshare Services Pvt Ltd |
| Phone | +91-22-6263 8200 |
| ipo@bigshareonline.com | |
| Website | http://www.bigshareonline.com |
| DCG Wires And Cables Limited IPO Allotment Status Check |
| DCG Wires And Cables Limited IPO Allotment Status Check Click Here |
| DCG Wires And Cables Limited Lead Managers | |
| Interactive Financial Services Ltd A – 1006, Premium House, B/h Handloom House, Ashram Road, Ahmedabad – 380009 | |
| Phone | +91-79-2658 1240 |
| info@iFinServices.com | |
| Website | http://ifinservices.com/ |
DCG Wires And Cables Limited IPO FAQs
What is DCG Wires And Cables Limited IPO?
- DCG Wires And Cables Limited IPO is an NSE SME IPO. They are going to raise ₹49.99 Crores via IPO. The issue is priced at ₹100 to ₹100 per equity share. The IPO is to be listed on NSE.
- The IPO opens on April 08, 2024, and closes on April 10, 2024.
When DCG Wires And Cables Limited IPO will open?
- The IPO is to open on April 08, 2024, for NII, and Retail Investors. and closes on April 10, 2024
What is DCG Wires And Cables Limited IPO Investors Portion?
- The investors’ portion for NII is 50%, and Retail is 50%.
What is DCG Wires And Cables Limited IPO Size?
- DCG Wires And Cables Limited IPO size is ₹49.99 crores.
What is DCG Wires And Cables Limited IPO Price Band?
- DCG Wires And Cables Limited IPO Price Band is ₹100 to ₹100 per equity share.
What is DCG Wires And Cables Limited IPO Minimum and Maximum Lot Size?
- The IPO bid is Minimum 1 Lot (1200 Shares) with ₹120,000. and Maximum Lot Size 1 Lots (1200 Shares) with ₹120,000
What is DCG Wires And Cables Limited IPO Allotment Date?
- DCG Wires And Cables Limited IPO allotment date is April 12, 2024.
What is DCG Wires And Cables Limited IPO Listing Date?
- DCG Wires And Cables Limited IPO listing date is April 16, 2024. The IPO to list on NSE.