IPO Issue Details
Issue Price / Price Band₹100 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,200 Shares per Lot
Total Issue Size49,99,200 shares (aggregating up to ₹49.99 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenMon, 08 Apr 2024
Subscription CloseWed, 10 Apr 2024
Anchor AllotmentSun, 07 Apr 2024
Basis of AllotmentFri, 12 Apr 2024
Initiation of RefundsMon, 15 Apr 2024
Credit of Shares to DematMon, 15 Apr 2024
Listing DateTue, 16 Apr 2024
UPI Mandate Deadline2024-04-10
Application & Investment Details
Retail — Min (1 Lots)₹1,20,000 — 1,200 shares
Retail — Max (13 Lots)₹1,560,000 (13 Lots)
HNI — Min (2 Lots)₹2,40,000 — 2,400 shares
EPS (Pre-IPO)₹1.31
EPS (Post-IPO)₹5.09
P/E Ratio (Pre-IPO)76.34x
P/E Ratio (Post-IPO)19.64x
Net Offer to Public47,47,200 shares (aggregating up to ₹47.47 Cr)
Reserved for Market Maker2,52,000 shares (aggregating up to ₹2.52 Cr)
Pre-IPO Promoter Holding1,31,50,400 shares
Post-IPO Promoter Holding1,81,49,600 shares
About DCG Cables & Wires Ltd
DCG Cables & Wires 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.The company has three manufacturing facilities at Odhav, Ahmedabad; Kubadthal, Ahmedabad; and Waghodia, Vadodara with a total capacity of 5,868 MT for bare copper wire and strip, 1,404 MT for paper coated copper strips and wires, 1,512 MT for cable wires, 5,760 MT for copper rods, 10,080 MT for flat copper wires, 972 MT for submersible wires and 540 MT for glass fiber coated copper strips.As on February 29, 2024, the company employed around 69 people.
Objects of the Issue
DCG Cables & Wires Ltd proposes to utilise the net proceeds from the Issue for the following objects:
1
Capital Expenditure for building construction,
2
Working capital requirement,
3
General Corporate Purpose, and
4
Meeting Public Issue Expenses.
Shareholding & Lock-in
Pre-IPO Promoter Holding
1,31,50,400 shares
Post-IPO Promoter Holding
1,81,49,600 shares