DCG Wires And Cables Limited IPO
DCG Wires And Cables Limited is an NSE SME IPO listed on the NSE SME platform, priced at ₹100 per share. The stock debuted at ₹90. The IPO had a lot size of ₹1200 shares and a minimum investment of ₹1,20,000.
DCG Wires And Cables Limited IPO
- IPO Dates
- Apr 8, 2024 – Apr 10, 2024
- Price band
- ₹100 per equity share
- Minimum Investment
- ₹1,20,000
- Issue size
- ₹49.99 Cr
- Lot size
- 1200
- Allotment Date
- Apr 12, 2024
- Listing
- Apr 16, 2024
- Listing At
- NSE SME
IPO timeline
-
Apr 8, 2024
Open Date
Completed
-
Apr 10, 2024
Close Date
Completed
-
Apr 12, 2024
Allotment Date
Completed
-
Apr 16, 2024
Listing Date
Completed
DCG Wires And Cables Limited IPO Essentials
DCG Wires And Cables Limited IPO Details
DCG Wires And Cables Limited IPO is priced at ₹100 per share with a total issue size of 49.99 crore. The IPO has a lot size of 1200 shares and is listed on NSE SME.
- Issue price
- ₹100 per equity share
- Lot size
- 1200 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 4,999,200 shares(aggregating up to ₹49.99 Cr)
- Total issue size
- 49,99,200 shares
(aggregating up to ₹49.99 crore) - Fresh issue
- 49,99,200 shares
(aggregating up to ₹49.99 crore) - Listing at
- NSE SME
- List price
- 90.0
- Listing date
- Registrar
- Bigshare Services Pvt Ltd
- Lead manager
-
Interactive Financial Services Ltd
Market Lot Size
Investors can bid for a minimum of 1200 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1200 | ₹1,20,000 |
| Retail(max) | 1 | 1200 | ₹1,20,000 |
| NII (min) | 2 | 2400 | ₹2,40,000 |
DCG Wires And Cables Limited IPO Reservation
DCG Wires And Cables Limited IPO reservation details show category-wise allocation of shares. Out of the total 4,999,200 shares, approximately 47.48% for retail investors, and 5.04% for market maker.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | NA (NA%) | |
| Market Maker Shares Offered | 252,000 (5.04%) | |
| Retail Shares Offered | 2,373,600 (47.48%) | |
| Total Shares Offered | 4,999,200 (100%) |
DCG Wires And Cables Limited IPO Analytics
DCG Wires And Cables Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
DCG Wires And Cables Limited IPO Subscription Status
DCG Wires And Cables Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 2,373,600 | 2,373,600 | 4,747,200 |
|
Day 1
08-04-24 06:00 PM
|
(0.38) x | 2.92 x | 1.65 x |
|
Day 2
09-04-24 06:00 PM
|
(2.34) x | 5.94 x | 4.14 x |
|
Day 3
10-04-24 06:00 PM
|
(11.50) x | 20.24 x | 15.87 x |
DCG Wires And Cables Limited Valuations
Earnings
- EPS Pre IPO
- ₹1.31/-
- EPS Post IPO
- ₹5.09/-
- P/E Pre IPO
- 76.43
- P/E Post IPO
- 19.64
Returns
- ROE
- 35.92%
- ROCE
- 59.10%
- RoNW
- 35.79%
- PAT Margin
- 11.09
Fundamentals
- Debt / Equity
- 1.09
- Price / Book
- 5.57
DCG Wires And Cables Limited Financials( In Lakhs)
| 29-Feb-24 | 31-Mar-23 | |
|---|---|---|
| Assets | 6,152.13 | 3,564.12 |
| Revenue | 7,639.08 | 5,455.18 |
| Profit After Tax | 847.10 | 172.06 |
| Net Worth | 2,367.15 | 1,533.82 |
| Reserves & Surplus | 1,051.78 | 217.99 |
| Total Borrowing | 2,569.83 | 1,812.27 |
DCG Wires And Cables Limited Company & Offer Insights
About DCG Wires And Cables Limited
DCG Cables & Wires was established in 2017 as a manufacturer of copper cables and wires for transformer manufacturers in India.
The Company's product list includes Copper Strips, Paper Covered Copper Strips in rectangle and round shapes and various paper-covered copper conductors & connection cables & Wires, kraft/crepe/Nomex/mica, Bare Copper Wires and Strips, Copper Tapes and fiberglass Copper.
The company has three manufacturing facilities at Odhav, Ahmedabad; Kubadthal, Ahmedabad; and Waghodia, Vadodara with a combined capacity of 5,868 MT of bare copper wire and strip, 1,404 MT of paper-coated copper strips and wires, 1,512 MT of cable wires, 5,760 MT of copper rods, 10,080 MT of flat copper wires, 972 MT of submersible wires, and 540 MT of glass fiber-coated copper strips.
At the end of February 29, 2024, it had about 69 employees.
DCG Wires And Cables Limited Promoter(s)
Mr. Devang Patel, Mr. Harshadbhai Patel, Ms. Ushaben Patel are the company's promoters of DCG Wires And Cables Limited.
DCG Wires And Cables Limited IPO Issue Objectives
- •
- Capital Expenditure for building construction
- •
- Working capital requirement
- •
- General Corporate Purpose
- •
- Meeting Public Issue Expenses.
DCG Wires And Cables Limited IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| DCG Cables & Wires Limited | 1.31 | N/A | 11.57 | 15.53 | 11.23 | 8.64 | Standalone |
| Cords Cable Industries Ltd. | 5.52 | N/A | 123.15 | 31.92 | 4.58 | 1.16 | Standalone |
| Universal Cables Ltd. | 18.21 | N/A | 203.87 | 30.43 | 8.93 | 1.08 | Standalone |
Notes:
- CMP is as of November 09, 2023.
- The P/E Ratio was calculated from financials as of February 29, 2024, sourced from www.nseindia.com.
- Considering the nature and size of the business, the peers are not strictly comparable; however, they are included for broad comparison.
- CMP of the peer group is based on the closing price as available on www.nseindia.com.
- The P/E Ratio for the peer companies has been computed based on the closing market price of respective equity shares as of November 09, 2023, sourced from the Stock Exchange, divided by the Basic/Diluted EPS.
Contact Information
Contact Details
DCG Wires And Cables Limited
+91 7861804932
http://www.dcgcableswiresltd.com/
12, Agrasen Industrial Estate, Chotalal Ni Chali, Odhav Road,, Ahmedabad -382415
Registrar Contact Details
Bigshare Services Pvt Ltd
+91-22-6263 8200
Frequently Asked Questions
Click any question to reveal the answer
DCG Wires And Cables Limited IPO is a Fixed Priced IPO worth ₹49.99 crore. The issue price is ₹100 per share (fixed price). The IPO opens on Apr 8, 2024 and closes on Apr 10, 2024. It will be listed on NSE SME Platform. Bigshare Services Pvt Ltd is the registrar.
The issue price of DCG Wires And Cables Limited IPO is ₹100 per share (fixed price).
The lot size of DCG Wires And Cables Limited IPO is 1200 shares.
The minimum investment for DCG Wires And Cables Limited IPO is approximately ₹1,20,000 based on the issue price .
DCG Wires And Cables Limited IPO opens on Apr 8, 2024 and closes on Apr 10, 2024.
The allotment date of DCG Wires And Cables Limited IPO is Apr 12, 2024.
DCG Wires And Cables Limited IPO is expected to be listed on Apr 16, 2024, on NSE SME Platform.
DCG Wires And Cables Limited IPO valuation snapshot: P/E 19.64, EPS ₹5.09/-, P/B 5.57, RoNW 35.79%, and market cap N/A.
To apply for DCG Wires And Cables Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of DCG Wires And Cables Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for DCG Wires And Cables Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check DCG Wires And Cables Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the DCG Wires And Cables Limited IPO allotment status on IPO Ji for quick and easy access.