What you must know about DCG Wires and Cables IPO?
by 5paisa Research Team
04 Apr 2024
Listing Details
- Listing Exchange NSE SME
- Listing Date 16-Apr-24
- IPO Price Range ₹ 100
- Listing Price ₹ 90
- Listing Change -10.0%
- Last Traded Price ₹ 105.15
- Current Change 5.2%
DCG Cables & Wires IPO Details
- Open Date 08-Apr-24
- Close Date 10-Apr-24
- Lot Size 1200
- IPO Size ₹ 49.99 Cr
- IPO Price Range ₹ 100
- Min Investment ₹ 120000
- Listing Exchange NSE SME
- Basis of Allotment 12-Apr-24
- Refunds 15-Apr-24
- Credit to Demat Account 15-Apr-24
- Listing Date 16-Apr-24
DCG Cables & Wires IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 08-Apr-24 | - | 0.38 | 2.90 | 1.64 |
| 09-Apr-24 | - | 2.25 | 6.05 | 4.15 |
| 10-Apr-24 | - | 11.39 | 20.24 | 16.16 |
DCG Cables & Wires IPO Synopsis
DCG Wires and Cables Limited IPO is all set to open from 8th April to 10th April 2024. The company makes copper cables and wires. The IPO includes a fresh issue of 4,999,200 shares worth ₹49.99 cr. The share allotment date is 12th April 2024, and the IPO will be listed on 16th April 2024 on the stock exchanges. The price band is ₹100 and the lot size is 1200 shares.
Interactive Financial Services Limited is the book-running lead manager for this IPO, while Bigshare Services Private Limited is the registrar.
Objectives of DCG Wires and Cables IPO:
DCG Wires and Cables Limited plans to utilize the raised capital from the IPO to:
● To fund building construction
● For working capital requirements.
● General Corporate Purposes.
● To meet the public issue expenses.
DCG Wires and Cables IPO Size
| Types | Size (₹Cr) |
|---|---|
| Total IPO size | 49.99 |
| Offer for sale | - |
| Fresh issue | 49.99 |
DCG Wires and Cables IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1200 | ₹120,000 |
| Retail (Max) | 1 | 1200 | ₹120,000 |
| B-HNI (Min) | 2 | 2400 | ₹240,000 |
About DCG Cables & Wires
Established in 2017, DCG Wires and Cables makes copper cables and wires. It manufactures a wide range of copper cables used in Transformers. The company’s portfolio includes Copper Strips, Paper Covered Copper Strips and Wires (Kraft/Crepe/Nomex/Mica) Bare Copper Wires and Strips, Copper Tapes and Fiberglass Copper.
It has three manufacturing facilities in Gujarat based in Odhav and Kubadthal in Ahmedabad and Waghodia in Vadodara. DCG Wires and Cables operates in the B2B (Business to Business) Segment.
Peer Comparison
● Cords Cable Industries Limited
● Universal Cables Limited
For More Information:
Webstory on DCG Wires and Cables IPO
DCG Cables & Wires Financial Status
Profit and Loss
Balance Sheet
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 54.52 | 27.69 | 14.62 |
| EBITDA | 3.55 | 0.91 | 0.16 |
| PAT | 1.72 | 0.37 | 0.10 |
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Total Assets | 34.80 | 12.94 | 1.62 |
| Share Capital | 13.15 | 3.95 | 0.01 |
| Total Borrowings | 19.46 | 7.52 | 1.49 |
| Particulars (in Rs. Crores) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Net cash generated from / (used in) operating activities | -15.45 | -8.50 | 0.09 |
| Net cash from / (used in) investing activities | -4.79 | -0.57 | -0.01 |
| Net cash flow from / (used in) financing activities | 19.00 | 10.65 | -0.03 |
| Net increase (decrease) in cash and cash equivalents | -1.24 | 1.57 | 0.04 |
DCG Cables & Wires IPO Key Points
-
Strengths
1. The company has customization expertise and competitive pricing.
2. It focuses on Exceptional Product Quality.
3. It has a Long-standing Reputation for Reliability and Consistency.
4. Experienced team of Promoters.
-
Risks
1. The business has a limited number of suppliers.
2. The business operation is concentrated in Gujarat.
3. High working capital requirements.
DCG Cables & Wires
How to apply for IPO?
-
Login to your 5paisa account and select the issue in the
current IPO section -
Enter the number of lots and price at which you wish to
apply for -
Enter your UPI ID and click on submit. With this, your
bid will be placed with the exchange -
You will receive a mandate notification to block funds in
your UPI app -
Approve the mandate request on your UPI and funds
will be blocked
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DCG Cables & Wires IPO FAQs
When does the DCG Wires and Cables IPO opens and closes?
DCG Wires and Cables IPO opens from 8th April to 10th April 2024.
What is the size of the DCG Wires and Cables IPO?
The size of DCG Wires and Cables IPO is ₹49.99 cr.
How to apply for the DCG Wires and Cables IPO?
To apply for DCG Wires and Cables IPO, follow the steps given below:
● Login to your 5paisa account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the DCG Wires and Cables IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
What is the price band of DCG Wires and Cables IPO?
The price band of DCG Wires and Cables IPO is fixed at ₹100 per share.
What is the minimum lot size and investment required for the DCG Wires and Cables IPO?
The minimum lot size of DCG Wires and Cables IPO is 1200 shares and the investment required is ₹1,20,000.
What is the allotment date of the DCG Wires and Cables IPO?
The share allotment date of DCG Wires and Cables IPO is 12th April 2024.
What is the DCG Wires and Cables IPO listing date?
The DCG Wires and Cables IPO will be listed on 16th April 2024.
Who are the book runners for the DCG Wires and Cables IPO?
Interactive Financial Services Limited is the book-running lead manager for DCG Wires and Cables IPO.
What is the objective of DCG Wires and Cables IPO?
DCG Wires and Cables plans to utilize the raised capital from the IPO to:
● To fund building construction
● For working capital requirements.
● General Corporate Purposes.
● To meet the public issue expenses.
Contact Details of DCG Cables & Wires IPO
Contact Information
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/
DCG Cables & Wires IPO Register
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
DCG Cables & Wires IPO Lead Manager
Interactive Financial Services Ltd
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