DCG Cables and Wires Limited 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.
DCG Cables & Wires IPO – Details
| IPO Opening Date | 08 April 2024 |
| IPO Closing Date | 10 April 2024 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | 49,99,200 Shares Worth ₹49.99 Crore Fresh Issue: 49,99,200 Shares Worth ₹49.99 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹100 |
| Market Lot | 1200 Shares |
| Min Order | 1200 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Bigshare Services Pvt Ltd |
| Retail Shares Offered | 50% |
| Other Shares Offered | 50% |
DCG Cables & Wires IPO – Date Schedule
| IPO Open Date | 08 April 2024 |
| IPO Close Date | 10 April 2024 |
| Basis of Allotment | 12 April 2024 |
| Initiation of Refund | 15 April 2024 |
| Credit of Shares to Demat Account | 15 April 2024 |
| IPO Listing Date | 16 April 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on April 10, 2024 |
DCG Cables & Wires IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 1200 | ₹1,20,000 |
| Retail (Maximum) | 1 | 1200 | ₹1,20,000 |
| HNI (Minimum) | 2 | 2400 | ₹2,40,000 |
Competitive Strengths
- Exceptional Product Quality.
- Customization Expertise.
- Competitive Pricing.
- Long-standing Reputation for Reliability and Consistency.
- Vast Experience of its Promoters.
Company Promoters
- Mr. Devang Patel
- Mr. Harshadbhai Patel
- Ms. Ushaben Patel
Object Of The Issue
- Capital Expenditure for building construction,
- Working capital requirement,
- General Corporate Purpose, and
- Meeting Public Issue Expenses.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2023 | 54.55 | 52.25 | 1.72 | 18.12 |
| 29 February 2024 | 76.39 | 65.07 | 8.47 | 25.69 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 35.92% |
| ROCE | 59.10% |
| Debt/Equity | 1.09 |
| RoNW | 35.79% |
| P/BV | 5.57 |
| PAT Margin (%) | 11.09 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 1.31 | 5.09 |
| P/E (x) | 76.34 | 19.64 |
DCG Cables & Wires IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | 72.45% |
DCG Cables & Wires IPO Prospectus
Company Contact Information
| DCG Cables & Wires 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 Registrar
| 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(s)
| 1. Interactive Financial Services Ltd |
DCG Cables & Wires IPO FAQs
| What is DCG Cables & Wires IPO? DCG Cables & Wires IPO is a SME IPO. The issue is priced at ₹100 per equity share. The IPO is to be listed on NSE SME. |
| When DCG Cables & Wires IPO will open? The IPO is to open on 08 April 2024 for Retails – 50% and Others – 50% Investors. |
| How to DCG Cables & Wires IPO? You can apply for DCG Cables & Wires IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the DCG Cables & Wires IPO through 5 Paisa? Log in to the 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “DCG Cables & Wires”. Click on the Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a Demat Account with 5 Paisa. |
| How to Apply the DCG Cables & Wires IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “DCG Cables & Wires”. Click on the Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is DCG Cables & Wires IPO Size? DCG Cables & Wires IPO size is ₹49.99 crores. |
| What is DCG Cables & Wires IPO Price Band? DCG Cables & Wires IPO Price Band is ₹100. |
| What is DCG Cables & Wires IPO Minimum and Maximum Lot Size? The minimum bid is 1200 Shares with ₹1,20,000 amount while the maximum bid is 1200 shares with ₹1,20,000. |
| What is the DCG Cables & Wires IPO Allotment Date? DCG Cables & Wires IPO allotment date is 12 April 2024. |
| What is the DCG Cables & Wires IPO Listing Date? DCG Cables & Wires IPO listing date is 16 April 2024. The IPO is to list on NSE SME. |
