The DCG Cables IPO commenced on April 8, 2024, and concluded on April 10, 2024. The allotment of shares took place on April 12, 2024, and the initiation of refunds began on April 15, 2024. The shares were credited to the demat accounts of investors on April 15, 2024. Finally, the listing of DCG Cables & Wires on the stock exchange occurred on April 16, 2024.
The DCG Cables & Wires IPO was priced at ₹100 per share, with a lot size of 1200 shares. The total issue size was ₹49.99 crores, comprising a fresh issue of ₹49.99 crores. The IPO was listed on the NSE SME.
DCG Cables & Wires IPO Basic Details
Company Name | DCG Cables & Wires Limited |
Domain of Company | Wire and Cables Manufacturer |
DCG Cables IPO GMP Today | ₹14 |
DCG Cables IPO Listing Gain | 14.00% |
DCG Cables IPO Open Date | April 8, 2024 |
DCG Cables IPO Close Date | April 10, 2024 |
DCG Cables IPO Allotment Date | April 12, 2024 |
DCG Cables IPO Listing Date | 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 | Book Built Issue IPO |
Listing At | NSE SME |
Company Promoters | Mr. Devang Patel, Mr. Harshadbhai Patel, and Ms. Ushaben Patel |
DCG Cables IPO GMP Today:
Date | GMP | Listing Gain | Kostak | Subject to |
Today | ₹14 | 14.00% | – | – |
9 April 2024 | ₹14 | 14.00% | – | – |
8 April 2024 | ₹16 | 16.00% | – | – |
DCG Cables & Wires IPO Details:
DCG Cables & Wires started back in 2017 with a mission to make copper cables and wires for companies that build transformers in India.
Our products cover a range of essentials for transformer makers, including Copper Strips and Paper Covered Copper Strips, available in various shapes like rectangular and round. We also offer different kinds of paper-covered copper conductors and connection cables, as well as Wires with coatings like kraft, crepe, nomex, and mica. Additionally, we provide Bare Copper Wires and Strips, Copper Tapes, and Fiber Glass Copper.
We’re proud to operate three manufacturing facilities located in Odhav and Kubadthal in Ahmedabad, and Waghodia in Vadodara. Together, these facilities have the capability to produce 5,868 metric tons of bare copper wire and strip, 1,404 metric tons of paper coated copper strips and wires, 1,512 metric tons of cable wires, 5,760 metric tons of copper rods, 10,080 metric tons of flat copper wires, 972 metric tons of submersible wires, and 540 metric tons of glass fiber-coated copper strips.
As of February 29, 2024, our team consisted of approximately 69 dedicated individuals.
DCG Cables & Wires IPO More Details Click Here
DCG Cables & Wires IPO FAQs
When is DCG Cables & Wires IPO open?
DCG Cables & Wires IPO will open on 8 April 2024.
When is DCG Cables & Wires IPO Close?
DCG Cables & Wires IPO will be closed on 10 April 2024.
What is DCG Cables & Wires IPO GMP Today?
The DCG Cables & Wires IPO GMP aka Grey Market Premium is ₹14.
What is DCG Cables & Wires IPO Kostak Rates Today?
The DCG Cables & Wires IPO Kostak Rate is ₹000.
What is DCG Cables & Wires IPO Subject to Sauda Price Today?
The DCG Cables & Wires IPO subject to sauda rates is ₹000.
DCG Cables & Wires IPO Expected Returns?
The DCG Cables & Wires expected return is 14.00%.
How much will be the listing gain in DCG Cables & Wires IPO?
DCG Cables & Wires IPO will get listing gain of 14.00%. (Approx.)