DCG Wires and Cables are manufacturer of copper cables and wires. Their primary focus is on manufacturing different types of copper cables which find application in Transformers. Their product portfolio consists of 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, they take pride in offering a wide range of copper products. Their products include bare copper strips, conductors, and wires, ensuring optimal conductivity for various applications. They also provide paper-covered copper conductors in both rectangular and round shapes, as well as multi-paper-covered copper conductors and connection cables designed specifically for transformers. For added durability, they offer fiberglass-covered copper strips and wires. Additionally, their copper submersible wires and strips are perfect for submersible applications. They also supply twin and triple-bunched paper-covered copper strips and bunch conductors.
DCG Wires and Cable majorly supply their products to the transformer manufacturing companies in India and their main marketing strategy is to develop and maintain good relationships with their customers. Their promoter has been in this industry since 2008 and his relationships with the customers/clients have been very helpful for the growth of their business. As of the date of this Prospectus, they have three manufacturing units – Odhav and Kubadthal in Ahmedabad and Waghodia Vadodara.
Objects of the Issue:
- Capital Expenditure for building construction.
- Working capital requirement.
- General Corporate Purpose.
- Meeting Public Issue Expenses.
DCG Wires and Cables IPO Review
- May Apply
DCG Wires and Cables IPO Date & Price Band Details
| IPO Open: | April 8, 2024 |
| IPO Close: | April 10, 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 Market Lot
The DCG Wires and Cables IPO minimum market lot is 1200 shares with a ₹120,000 application amount.
| 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 Dates
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: | April 8, 2024 |
| IPO Close Date: | April 10, 2024 |
| Basis of Allotment: | April 12, 2024 |
| Refunds: | April 15, 2024 |
| Credit to Demat Account: | April 15, 2024 |
| IPO Listing Date: | April 16, 2024 |
You can check IPO subscription status and IPO allotment status on their respective pages.
DCG Wires and Cables IPO Form
How to apply DCG Wires and Cables IPO? You can apply DCG Wires and Cables IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the DCG Wires and Cables IPO in the Invest section. The other option you can apply DCG Wires and Cables IPO via IPO forms download via the NSE website. Check out the DCG Wires and Cables forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.
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: [email protected]
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: [email protected]
Website: http://www.dcgcableswiresltd.com/
