DCG Cables & Wires Limited IPO (DCG Cables & Wires IPO)

DCG Cables and Wires Limited IPO
Upcoming DCG Cables & Wires IPO | New DCG Cables & Wires IPO

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

DCG Cables & Wires IPO – Details

IPO Opening Date08 April 2024
IPO Closing Date10 April 2024
Issue TypeFixed Price Issue IPO
Issue Size49,99,200 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 Lot1200 Shares
Min Order1200 Shares (1 Lot)
Listing AtNSE SME
RegisterBigshare Services Pvt Ltd
Retail Shares Offered50%
Other Shares Offered50%

DCG Cables & Wires IPO – Date Schedule

IPO Open Date08 April 2024
IPO Close Date10 April 2024
Basis of Allotment12 April 2024
Initiation of Refund15 April 2024
Credit of Shares to Demat Account15 April 2024
IPO Listing Date16 April 2024
Cut-off time for UPI mandate confirmation5 PM on April 10, 2024

DCG Cables & Wires IPO – Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Retail (Minimum)11200₹1,20,000
Retail (Maximum)11200₹1,20,000
HNI (Minimum)22400₹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.
DCG Cables & Wires Limited IPO
Object of the Issues

Company Financial

ParticularsTotal RevenueTotal ExpenseProfit After TaxTotal Borrowing
31 March 202354.5552.251.7218.12
29 February 202476.3965.078.4725.69
Amount in ₹ Crore

Key Performance Indicator

PAT Margin (%)11.09
EPS (Rs)1.315.09
P/E (x)76.3419.64

DCG Cables & Wires IPO Promoter Holding

Pre Issue Share Holding100.00%
Post Issue Share Holding72.45%

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

DCG Cables & Wires IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com

DCG Cables & Wires IPO Lead Manager(s)

1. Interactive Financial Services Ltd

DCG Cables & Wires IPO FAQs

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.
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