DCG Cables & Wire IPO Details Today, GMP Price, Date, Review – Money Mint idea

DCG Cables & Wire IPO GMP Today, Grey Market Premium

OUR BUSINESS

We are manufacturer of copper cables and wires. Our primarily focus is on manufacturing of different types of copper cables which finds application in Transformers. Our 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, we take pride in offering a wide range of copper products. Our products include bare copper strips, conductors, and wires, ensuring optimal conductivity for various applications.

 

We 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, we offer fiber glass-covered copper strips and wires. Additionally, our copper submersible wires and strips are perfect for submersible applications. We also supply twin and triple bunched paper-covered copper strips and bunch conductors.

 

We majorly supply our products to the transformer manufacturing companies in India and our main marketing strategy is to develop and maintain good relationships with our customers. Our promoter has been in this industry since 2008 and his relationships with the customers / clients have been very helpful for the growth of our business.Having a combined installed capacity of 5,868 MT for manufacturing bare Copper wire & Strips, 1,404 MT for Paper Covered Copper Strips & wire, 1,512 MT for Cable Wires, 5,760 MT for Copper Rods, 10,080 MT for Copper Flats, 972 MT for Submersible Wires and 540 MT for Fiber Glass Covered Copper Strips.

 

We are currently in process of setting up a new manufacturing plant at Bhayala, Bavla, Gujarat, in order to increase our manufacturing capabilities. The land on which the said plant is being constructed comprises of over 8308 sq. mtrs. area Our Company has shown robust growth since the commencement of business. We are in B2B (Business to Business)
Segment only.

DCG CABLES & WIRES IPO DATE & PRICE BAND DETAILS

IPO Open Date April 8, 2024
IPO Close Date April 10, 2024
IPO Size 4,999,200 shares (aggregating up to ₹49.99 Cr)
Fresh Issue 4,999,200 shares (aggregating up to ₹49.99 Cr)
Lot Size 1200 Shares
IPO Face Value ₹10 Per Equity Share"
IPO Price Band ₹100 Per Every Share
IPO Listing On NSE SME
IPO Retail Quota 50%
IPO QIB Quota -%
IPO NII Quota 50%
DRHP Draft Click Here
Anchor Investor Click Here

DCG CABLES & WIRES IPO MARKET LOT DETAILS

Application Lot Size Shares Amount
Retail Minimum 1 1200 ₹120,000
Retail Maximum 1 1200 ₹120,000
S-HNI Minimum 2 2400 ₹240,000

 

OBJECT OF ISSUE

1. Capital Expenditure for building construction
2. Working capital requirement
3. General Corporate Purpose,
4. Meeting Public Issue Expenses.

DCG CABLES & WIRES IPO ALLOTMENT & LISTING DATE (DETAILS)

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

DCG CABLES & WIRES FINANCIAL REPORTS

₹ in Crores
Year Revenue Expense PAT
Feb 2024 ₹76.39 ₹65.07 ₹8.47
2023 ₹54.55 ₹52.25 ₹ 1.72
2022 ₹27.70 ₹27.21 ₹0.37
2021 ₹14.63 ₹14.49 ₹1.10

 

QUALITATIVE FACTORS

1. Exceptional Product Quality.
2. Customization Expertise
3. Competitive Pricing
4. Long-standing Reputation for Reliability and Consistency
5. Vast Experience of Our Promoters

OUR COMPANY PROMOTER

  • Mr. Devang Patel
  • Mr. Harshadbhai Patel
  • Mrs. Ushaben Patel

 

DCG Cables and Wires Comparison with industry peers

  • Cords Cable Industries Limited.
  • Universal Cables Limited.

 

DCG CABLES & WIRES COMPANY CONTACT DETAILS

Address: 12, Agrasen Industrial Estate,
Chotalal ni Chali, Odhav Road,
Ahmedabad -382415, Gujarat.
Tele No: +91 7861804932
Website: www.dcgcableswiresltd.com
E-mail: dcgcopperindustries@yahoo.com

 

DCG CABLES & WIRES IPO REGISTAR

Bigshare Services Private Limited
Office No S6-2, 6th Floor, Pinnacle Business Park
Next to Ahura Centre, Mahakali Caves Road, Andheri
(East), Mumbai –400093.
Tel.:+91 22 6263 8200
Contact Person: Jibu John
Email: ipo@bigshareonline.com
Website:www.bigshareonline.com

 

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