DCG Wires and Cables IPO Details: DCG Wires and Cables is pleased to announce the upcoming Initial Public Offering (IPO), scheduled to commence on April 8 and conclude on April 10, on the NSE SME platform. The IPO aims to raise ₹49.99 crores, offering an opportunity for investors to participate in our growth journey.
Specializing in the manufacturing of copper cables and wires, DCG Wires and Cables is dedicated to delivering high-quality products tailored to meet the needs of various industries. Our focus primarily lies in producing a diverse range of copper cables crucial for transformer applications. Our product lineup includes Copper Strips, Paper Covered Copper Strips and Wires (Kraft/Crepe/Nomex/Mica), Bare Copper Wires and Strips, Copper Tapes, and Fiber Glass Copper.
At DCG, we take pride in our extensive portfolio of copper products, meticulously engineered to ensure optimal conductivity and performance across diverse applications. From bare copper strips to paper-covered conductors, and fiberglass-coated wires, we offer solutions designed for durability and reliability.
Our customer-centric approach drives our business strategy, with a primary emphasis on fostering and nurturing strong relationships with our clients. With a promoter boasting extensive experience since 2008, we have cultivated valuable connections within the industry, contributing significantly to our business growth.
As of the date of this Prospectus, we operate three state-of-the-art manufacturing units located in Odhav, Kubadthal (Ahmedabad), and Waghodia Vadodara, equipped to meet the growing demand for our products.
We are committed to delivering excellence and value to our stakeholders, and we invite you to join us in our journey of growth and innovation.
DCG Wires and Cables IPO Objectives:
The company proposes to utilize the Net Proceeds from the issue towards the following objects:
- Capital Expenditure for building construction,
- Working capital requirement,
- General Corporate Purpose, and
- Meeting Public Issue Expenses.
DCG Wires and Cables IPO Review (Apply or Not)
- To be updated soon
DCG Wires and Cables IPO Date & Price Band Details:
| IPO Open: | 8-April-2024 |
| IPO Close: | 10-April-2024 |
| IPO Size: | Approx ₹49.99 Crores, 4,999,200 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹100 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 50% of the net offer |
| NII Quota: | 50% of the net offer |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
DCG Wires and Cables IPO Lot Size:
The minimum market lot for the DCG Wires and Cables IPO comprises 1200 shares, requiring a ₹120,000 application amount to participate.
Investors are encouraged to consider this opportunity, which offers accessibility and potential for growth in the dynamic market landscape. Join us as we embark on this journey of investment and innovation.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1200 | ₹120,000 |
| Retail Maximum | 1 | 1200 | ₹120,000 |
| S-HNI Minimum | 2 | 2400 | ₹240,000 |
DCG Wires and Cables IPO Timeline:
The DCG Wires and Cables IPO date is April 8 and the IPO close date is April 10. The IPO allotment date is April 12 and the IPO might list on April 16.
| IPO Open Date: | 8-April-2024 |
| IPO Close Date: | 10-April-2024 |
| Basis of Allotment: | 12-April-2024 |
| Refunds: | 15-April-2024 |
| Credit to Demat Account: | 15-April-2024 |
| IPO Listing Date: | 16-April-2024 |
DCG Wires and Cables IPO GMP Today:
DCG Wires and Cables ipo GMP is ₹10 as of day.
DCG Wires and Cables Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹14.63 | ₹14.49 | ₹0.10 |
| 2022 | ₹27.70 | ₹27.21 | ₹0.37 |
| 2023 | ₹54.55 | ₹52.25 | ₹1.72 |
| Feb 2024 | ₹76.39 | ₹65.07 | ₹8.47 |
DCG Wires and Cables IPO Valuation – FY2023
Check DCG Wires and Cables IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹1.31 per Equity Share |
| Price/Earning P/E Ratio: | 76.34 |
| Return on Net Worth (RoNW): | 11.22% |
| Net Asset Value (NAV): | ₹11.57 per Equity Share |
Peer Group
- Cords Cable Industries Limited
- Universal Cables Limited
Company Promoters
- Mr. Devang Patel
- Mr. Harshadbhai Patel
- Ms. Ushaben Patel
DCG Wires and Cables IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
DCG Wires and Cables IPO Allotment Status
Check DCG Wires and Cables IPO allotment status on Bigshare website URL. Click Here
DCG Wires and Cables IPO Lead Managers aka Merchant Bankers
- Interactive Financial Services Ltd
Company Address
DCG Wires and Cables Limited
12, Agrasen Industrial Estate,
Chotalal Ni Chali, Odhav Road,
Ahmedabad -382415
Phone: +91 7861804932
Email: dcgcopperindustries@yahoo.com
Website: http://www.dcgcableswiresltd.com/
