IPO Issue Details
Issue Price / Price Band₹75 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,600 Shares per Lot
Total Issue Size35,84,000 shares (aggregating up to ₹26.88 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenThu, 21 Sep 2017
Subscription CloseTue, 26 Sep 2017
Anchor AllotmentWed, 20 Sep 2017
Basis of AllotmentMon, 02 Oct 2017
Initiation of RefundsTue, 03 Oct 2017
Credit of Shares to DematTue, 03 Oct 2017
Listing DateThu, 05 Oct 2017
UPI Mandate Deadline2017-09-26
Application & Investment Details
Retail — Min (1 Lots)₹1,20,000 — 1,600 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)₹2,40,000 — 3,200 shares
Net Offer to Public34,01,600 shares (aggregating up to ₹25.51 Cr)
Reserved for Market Maker1,82,400 shares (aggregating up to ₹1.37 Cr)
Pre-IPO Promoter Holding99,84,000 shares
Post-IPO Promoter Holding1,35,68,000 shares
About D P Wires Ltd
Incorporated in 1998, D P Wires Ltd is a manufacturer and supplier of steel wires, plastic pipes and plastic films. These products are commonly used in industries like oil & gas, power, environment, civil, energy, automobile, infrastructure etc.D P Wires manufacturing facilities are located at Ratlam, MP for both wires and plastic products.The plastic products produced by the company are used in Lining of Canals, Landfills, Highway & Road Constructions, Ponds, Tanks, Water Reservoirs, Mining, and Solution Ponds and for corrosion Resistant on Steel tanks etc. The wire products are used in construction, bridges, oil & gas, automobile springs, sleepers of railway track, national highways and state electricity board.D P Wires is also engaged in power generation through 2 wind farms of 0.80 MW each in village Okha-Madhi and Jodhpur in District Jamnagar.
Objects of the Issue
D P Wires Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
Working Capital Requirements
20.78
2
Working Capital Requirements
5.50
Shareholding & Lock-in
Pre-IPO Promoter Holding
99,84,000 shares
Post-IPO Promoter Holding
1,35,68,000 shares