DCG Cables IPO Details | GMP, Date, Price, Review

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

(8 Apr 2024 – 10 Apr 2024)

DCG Cables & Wires started in 2017, manufacturing copper cables and wires for transformer makers in India.

We offer a range of products like Copper Strips, Paper Covered Copper Strips in different shapes, and various paper-covered copper conductors and connection cables, along with Wires (kraft/crepe/nomex/mica), Bare Copper Wires and Strips, Copper Tapes, and Fiber Glass Copper.

With three manufacturing sites in Odhav, Ahmedabad; Kubadthal, Ahmedabad; and Waghodia, Vadodara, we can produce a total 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 of February 29, 2024, we have around 69 employees.

DCG Cables & Wires Limited IPO Competitive Strength

• Exceptional Product Quality
• Customization Expertise
• Competitive Pricing
• Long-standing Reputation for Reliability and Consistency
• Vast Experience of Our Promoters

DCG Cables & Wires IPO Financials Performance ( Results )

DCG Cables & Wires Limited Financial Information (Restated Consolidated)

All Amount in ₹ Lakhs

Period Ended	Total Assets	Total Revenue	PAT	Net Worth	Reserves	Borrowing
31-Mar-21			10.40	13.14		29.80
31-Mar-22			37.24	443.69		635.44
31-Mar-23	3,564.12	5,455.18	172.06	1,533.82	217.99	1,812.27
29-Feb-24	6,152.13	7,639.08	847.10	2,367.15	1,051.78	2,569.83

Objective of DCG Cables IPO Issue

• Capital Expenditure for building construction,
• Working capital requirement,
• General Corporate Purpose, and
• Meeting Public Issue Expenses.

DCG Cables IPO Basic Details

IPO Date	Apr 8, 2024 to Apr 10, 2024
Listing Date	Tuesday, April 16, 2024
Face Value	₹10 per share
Price	₹100 per share
Lot Size	1200 Shares
Issue Size	4,999,200 shares of ₹10 (aggregating up to ₹49.99 Cr)
Fresh Issue	4,999,200 shares of ₹10 (aggregating up to ₹49.99 Cr)
Issue Type	Fixed Price Issue IPO
Listing At	NSE SME
Share holding pre issue	13,150,400
Share holding post issue	18,149,600
Company Promoters	Mr. Devang Patel, Mr. Harshadbhai Patel, and Ms. Ushaben Patel

DCG Cables IPO Reservation

Market Maker Shares Offered	5.04% of the Net Issue
Other Shares Offered	47.48% of the Net Issue
Retail Shares Offered	47.48% of the Net Issue

DCG Cables IPO Timetable

DCG Cables IPO will open on April , 2024 and close on April , 2024. You can join DCG Cables IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.

Event	Date
Opening Date	8 April 2024 (Monday)
Closing Date	10 April 2024 (Wednesday)
Basis of Allotment	12 April 2024 (Friday)
Initiation of Refunds	15 April 2024 (Monday)
Credit of Shares to Demat	15 April 2024 (Monday)
Listing Date	16 April 2024 (Tuesday)
Deadline for UPI mandate confirmation	5 PM on 10 April 2024

DCG Cables and Wires IPO Lot Size

For retail investors in DCG Cables and Wires IPO, 1200 shares will come in 1 lot or the minimum investment will be ₹120,000. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹120,000.

Application	Lots	Shares	Amount
Retail (Min)	1	1200	₹120,000
Retail (Max)	1	1200	₹120,000
S-HNI (Min)	2	2400	₹240,000

DCG Cables & Wires IPO Promoter Holding

The company’s promoters include Mr. Devang Patel, Mr. Harshadbhai Patel, and Ms. Ushaben Patel.

Pre Issue Share Holding	100.00%
Post Issue Share Holding	72.45%

DCG Cables & Wires Ltd IPO Key Performance Indicator ( Valuation )

In the table given below, all the figures have been told according to the latest financial year.

KPI	Values
Market Cap (₹ Cr.)	181.50
Earning Per Share (EPS)	₹3.71 per Equity Share
Net Asset Value (NAV)	₹11.57 per Equity Share
P/E Ratio (P/E) (x)	76.34
Post P/E Ratio (P/E) (x)	19.64
Return on Net Worth (RoNW) (%)	35.79
Return on equity (ROE) (%)	35.92
Return on Capital Employed (ROCE) (%)	59.10
Debt/Equity Ratio	1.09
Price/Book Value Ratio	5.57

DCG Cables & Wires IPO GMP Live Update, Kostak Rate day by day

Date	GMP	Kostak	Subject to
Today	₹14	–	–
9 April 2024	₹14	–	–
8 April 2024	₹16	–	–

DCG Cables & Wires IPO Detail Video:

DCG Cables & Wires IPO Subscription Status (Bidding Detail)

The DCG Cables & Wires IPO on April 10, 2024 at 7:02:00 PM was subscribed 16.96 times, with the retail category being subscribed 21.70 times, the other category being subscribed 11.53 times.

Category	Subscription
Other	11.53x
Retail	21.70x
Total	16.96x

DCG Cables & Wires IPO Prospectus

DCG Cables & Wires IPO DRHP	Download
DCG Cables & Wires IPO RHP	Download

DCG Cables & Wires IPO Rating

Our Rating

3.0/5.0

DCG Cables & Wires Company Contact Information

DCG Cables & Wires Limited

Registered office: 12, Agrasen Industrial Estate, Chotalal ni Chali, Odhav Road, Ahmedabad -382415, Gujarat, India
Tel No.:+91 7861804932
Website: www.dcgcableswiresltd.com
E-Mail: dcgcopperindustries@yahoo.com
Contact Person: Shwetal Maliwal, Company Secretary and Compliance Officer
Promoters of the Company: Devang Patel, Harshadbhai Patel and Ushaben Patel

DCG Cables & Wires IPO Registrar

Bigshare Services Private Limited

Address: Office No. S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East), Mumbai – 400093
Tel No.: +91 22-62638200
Fax No.: +91 22-62638299
Website: www.bigshareonline.com
E-Mail: ipo@bigshareonline.com
Investor Grievance Email: investor@bigshareonline.com
Contact Person: Mr. Asif Sayyed
SEBI Reg. No.: INR000001385

DCG Cables & Wires IPO Lead Manager

Interactive Financial Services Limited

Address: Office No. 508, Fifth Floor, Priviera, Nehru Nagar, Ahmedabad – 380 015, Gujarat, India
Tel No.: 079 46019796, (M) +91-9898055647
Web Site : www.ifinservices.in
Email : mbd@ifinservices.in
Investor Grievance Email: info@ifinservices.in
Contact Person: Mr. Pradip Sandhir
SEBI Reg. No.: INM000012856

DCG Cables & Wires IPO FAQs