Dynamic Cables SME IPO Price Band, Market Lot & Dates Details

Table of Contents

Dynamic Cables is based in Jaipur and engaged in cables and conductors manufacturing. The company incorporated in 2007. They are manufacturing low volatage and high voltage power cables, aluminium conductor and service drop cables which can be used in transmission and distribution of electricity. The company export their power cables in Kenya, Tanzania, TOGO, Nigeria, Benin, Uganda, Rwanda, NEPAL, Mauritius, Afghanistan, Jordan, Dubai and more. The company is coming up with 23.38 crore bse sme ipo with 40 rs price band.

IPO Review:

  • Apply for Listing Gain

Dynamic Cables IPO Dates & Price Band:

  • IPO Open: 04 December 2017
  • IPO Close: 06 December 2017
  • IPO Size: Approx Rs 23.38 Crore
  • Face Value: Rs.10 Per Equity Share
  • Price Band: Rs 40 Per Equity Share
  • Listing on: BSE SME
  • Shares: 5,844,000
  • Retail Portion: 50%

IPO Market Lot:

  • Shares: Apply for 3,000 Shares (Minimum Lot Size)
  • Amount: Rs.1,20,000

Financial Results:

(Rs. in Crore)
2013 2014 2015 2016 2017
Revenue 177.4 199.2 262.1 269.8 302.1
Expenses 176.7 197.0 258.5 259.8 290.0
PAT  0.5 1.6 2.5 6.8 7.9

Grey Market Premium:

  • The grey market is around Rs.18000 subject to sauda.

Dynamic Cables IPO Subscription Status:

  • IPO Subscribed 69.86 times overall

Dynamic Cables IPO Allotment Status:

Company Promoters:

  • Mr. Rahul Mangal
  • Mr. Ashish Mangal

Quick Links:
Draft Red Herring Prospectus
Red Herring Prospectus

IPO Registrar:
Bigshare Services Pvt. Ltd
Phone: 91-22-40430200
Fax: 91-22-2847 5207
Email: [email protected]
Website: http://www.bigshareonline.com

IPO Lead Managers:

  • Hem Securities Limited

Company Address:
Dynamic Cables Limited
F-260, Road No. 13 VKI Area, Jaipur 302013
Phone: +91 141-2332388
Email: [email protected]
Website: http://www.dynamiccables.co.in/

Disclaimer: This content is provided strictly for educational and informational purposes. The securities or investments mentioned are not to be considered as investment advice or recommendations. The Investors are advised to do their own research or connect with a financial advisor before making any investment decisions.