DCG Cables & Wires Ltd
Price Range
₹100
Min. Quantity
1,200
Closes on
10 April 2024
Min. investment
₹1,20,000/1,200 Shares
DCG Cables & Wires Ltd IPO Timeline
DCG Cables & Wires Ltd 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. Subsequently, name of the company has changed from DCG Copper Industries Private Limited' to DCG Cables & Wires Private Limited' vide Fresh Certificate of Incorporation dated August 10, 2023. Further, the Company was converted in to a public limited Company pursuant to a special resolution passed by our shareholders at the EGM held on August 11, 2023 and consequently the name of the Company was changed to DCG Cables & Wires Limited' and a fresh certificate of incorporation was issued by the Registrar of Companies, Ahmedabad dated August 24, 2023.
| Event | Date |
|---|---|
| DCG Cables & Wires Ltd IPO Opening Date | 8 April 2024 |
| DCG Cables & Wires Ltd IPO Closing Date | 10 April 2024 |
| Basis of Allotment | 12 April 2024 |
| Initiation of Refunds | 15 April 2024 |
| Credit of Shares to Demat | 15 April 2024 |
| DCG Cables & Wires Ltd IPO Listing Date | 16 April 2024 |
DCG Cables & Wires Ltd IPO Details
| DCG Cables & Wires Ltd IPO Date | 8 April 2024 to 10 April 2024 |
| DCG Cables & Wires Ltd IPO Face Value | ₹10 per share |
| DCG Cables & Wires Ltd IPO Price | ₹100 to ₹0 per share |
| DCG Cables & Wires Ltd IPO Lot Size | 1,200 |
| Issue Size | Shares of ₹10 (aggregating up to ₹49.99 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹49.99 Cr) |
| Offer for Sale | - |
| Issue Type | Fixed Price - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Devang Patel, Harshadbhai Patel, Ushaben Patel |
DCG Cables & Wires Ltd IPO Lot Size
The DCG Cables & Wires Ltd IPO lot size is 1,200 shares. A retail-individual investor can apply for up to 1 lots (1,200 shares or ₹1,20,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 1,200 | ₹1,20,000 |
| Maximum | 1 | 1,200 | ₹1,20,000 |
- Strengths
- Risks
- Opportunities
- Exceptional Product Quality
- Customization Expertise
- Competitive Pricing
- Long-standing Reputation for Reliability and Consistency
- Vast Experience of its Promoters
Company Financials
DCG Cables & Wires Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 84.43 | 101.18 | 8.85 |
| 03-2023 | 34.8 | 54.55 | 1.68 |
| 03-2022 | 12.94 | 27.7 | 0.37 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Capital Expenditure for building construction
- Long term working capital requirement
- General corporate purposes
DCG Cables & Wires Ltd IPO Promoter Holding
| Pre Issue Share Holding | 94.25% |
| Post Issue Share Holding | 68.29% |
DCG Cables & Wires Ltd IPO Subscription Status (Bidding Detail)
The DCG Cables & Wires Ltd IPO is subscribed 15.8277 times on 10 April 2024 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 15.8277 |
DCG Cables & Wires Ltd IPO Prospectus
DCG Cables & Wires Ltd IPO Listing Date
| Listing Date | 16 April 2024 |
| BSE Script | 92649 |
| NSE Symbol | DCG |
| Listing In | NSE - SME |
| ISIN | INE0S8401018 |
| IPO Price | ₹100 |
| Face Value | ₹10 |
Company Contact Information
# 12 Agrasen Industrial EstateChotalal ni Chali Odhav Road,Ahmedabad-382415
Phone: +91 78618 04932
Email: dcgcopperindustries@yahoo.com
Website: www.dcgcableswiresltd.com
DCG Cables & Wires Ltd IPO Registrar
DCG Cables & Wires Ltd IPO Lead Manager(s)
- Interactive Financial Services Ltd
FAQ
What is the issue size of DCG Cables & Wires Ltd IPO?
I have pre-applied for DCG Cables & Wires Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.