IPO

DCG Cables & Wires Ltd. IPO

DCG Cables & Wires Ltd., established in 2017, operates in the Cables - Power/Others sector. The company's IPO opened on April 8, 2024 and closed on April 10, 2024, with an issue price of ₹100. The ... Read more

Min Investment
₹ 1,20,000 / 1200 shares
Price Range
₹100
Bidding Dates
8 Apr '24 - 10 Apr '24
Total Issue Value
26.26 Cr
Lot Size
1,200
Total Issue Size
26.26 Cr
Listing At
NSE SME
Subscription
15.95 times
NSE Price
117.20 (17.2%)

IPO Timeline

  • 8 Apr 2024
    Bidding Starts
  • 10 Apr 2024
    Bidding Ends
  • 12 Apr 2024
    Allotment Finalization
  • 16 Apr 2024
    Listing

About DCG Cables & Wires Ltd.

We are manufacturer of copper cables and wires. Our primarily focus is on manufacturing of different types of copper cables which finds application in Transformers. Our product portfolio consists of Copper Strips, Paper Covered Copper Strips and Wires (Kraft/Crepe/Nomex/Mica) Bare Copper Wires ... Read more

Parent organisation
Founded
DCG Cables & Wires Ltd.
2017

DCG Cables & Wires Ltd. IPO Reservation

Investors Category Shares Offered
Market Makers 2,52,000 (9.6%)
Non Institutional Investors 23,73,600 (90.4%)
Retail Individual Investors (RIIs) 23,73,600 (90.4%)

DCG Cables & Wires Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2024 101.18 Cr 8.89 Cr 10.93 Cr
31 Mar 2023 54.55 Cr 1.72 Cr 2.18 Cr
31 Mar 2022 27.70 Cr 37.13 Lakh 48.36 Lakh

DCG Cables & Wires Ltd. Background

Our Company was originally incorporated as ‘DCG Copper Industries Private Limited’ as Private Limited Company under the provisions of Companies Act, 2013 vide Certificate of Incorporation dated September 29, 2017 bearing Corporate Identification Number U36999GJ2017PTC099290 issued by ...

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Major Events And Milestones
  • 2020
    Company had started manufacturing the Bare copper wire & strips on job work basis.
  • 2022
    Company has started its own manufacturing unit at the 622/15+16/12, Agrasen Estate, Chotala crossroad, Odhav, Ahmedabad, Gujarat.
    Our Company has started second pant at 501(I), 502(I), 513-514, GIDC Estate, Waghodia, Vadodara – 391760, Gujarat.
  • 2023
    Our Company has started third plant at Plot No. 91-92, Dev Devasya Ind. Estate, Vil. Kubadthal, Tal. Daskroi, Gujarat
    Our Company has started shifting of all our plants at a one place for the better organisation of our plants and machineries at Plot No. 741, Bhayala, Bavla, Gujarat.
DCG Cables & Wires Ltd. Object of Issues

1. Capital Expenditure for Building Construction
2. Long-term Working capital requirement
3. General corporate purposes

DCG Cables & Wires Ltd. IPO Listing Details
Listing Date
16 Apr 2024
NSE Symbol
DCGCABLES
ISIN
INE0S8401018
Final Issue Price
₹ 100
DCG Cables & Wires Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price - ₹ 100.00
Open - ₹ 90.00
Low - ₹ 85.50
High - ₹ 90.00
Last Trade - ₹ 85.50
DCG Cables & Wires Ltd. Company Promoters

1. Mr. Devangbhai Patel
2. Mr. Harshadbhai Patel
3. Mrs. Ushaben Patel

Industry Overview

Manufacturing is emerging as an integral pillar in the country’s economic growth, thanks to the performance of key sectors like automotive, engineering, chemicals, pharmaceuticals, and consumer durables. The Indian manufacturing industry generated 16-17% of India’s GDP pre-pandemic ... Read more

DCG Cables & Wires Ltd. Contact Details
Address: 12, Agrasen Industrial Estate, Chotalal ni Chali, Odhav Road, Ahmedabad Gujarat - 382415
Phone no:7861804932
7861804932
|
DCG Cables & Wires Ltd. IPO Registrar
Bigshare Services Private Limited.
S6-2, 6th Floor, Pinnacle Business Park, Mahakali Caves Road, Next to Ahura Centre, Andheri East, Mumbai Maharashtra - 400093
62638200
DCG Cables & Wires Ltd. IPO Lead Manager(s)
Interactive Financial Services Ltd.
Office No. 508, Fifth Floor, Priviera, Nehru Nagar, Ahmedabad Gujarat - 380015
35217439

FAQs

When does DCG Cables & Wires Ltd. IPO opens and closes?

DCG Cables & Wires Ltd. IPO opens from 8th April to 10th April 2024.

What is the size of DCG Cables & Wires Ltd. IPO?

The size of the DCG Cables & Wires Ltd. IPO is ₹26.26 Cr.

What is the minimum investment and lot size required for the DCG Cables & Wires Ltd. IPO?

The minimum investment required is ₹1,20,000 and minimum lot size is 1200 shares.

When is DCG Cables & Wires Ltd. IPO listing date?

The DCG Cables & Wires Ltd. IPO will be listed on 16th April 2024.

What is the objective of DCG Cables & Wires Ltd. IPO?

1. Capital Expenditure for Building Construction
2. Long-term Working capital requirement
3. General corporate purposes

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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