Last updated on April 16, 2024
DCG Cables IPO description – DCG Cables & Wires specializes in crafting copper cables and wires. With a primary focus on manufacturing various types of copper cables used in transformers, the company offers a comprehensive product portfolio. This includes Copper Strips, Paper Covered Copper Strips, and a range of Bare Copper Wires and Strips available in Kraft, Crepe, Nomex, and Mica variations. Additionally, DCG provides Copper Tapes and Fiber Glass Copper, showcasing its dedication to providing diverse and high-quality electrical solutions.
DCG Cables & Wires exclusively operates in the Business-to-Business (B2B) segment. Presently, over 94.81% of its sales originate from Gujarat. Recently, the company expanded its market presence to include Maharashtra and Karnataka regions, contributing approximately 5.16% to the total sales for the period ended 30 September 2023.
As of March 2024, DCG Cables & Wires operates three manufacturing units located in Odhav, Ahmedabad; Kubadthal, Ahmedabad; and Waghodia, Vadodara. These facilities collectively boast a combined installed capacity as follows: 5,868 metric tons (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. As of 29 February 2024, the company has a workforce of approximately 69 employees, encompassing various levels within the organization, including laborers.
Promoters of DCG Cables – Devang Patel, Harshadbhai Patel, and Ushaben Patel
Table of Contents
DCG Cables IPO Details
| DCG Cables IPO Dates | 8 – 10 April 2024 |
| DCG Cables Issue Price | INR 100 per share |
| Fresh issue | 4,999,200 shares (INR 49.99 crore) |
| Offer For Sale | NIL |
| Total IPO size | 4,999,200 shares (INR 49.99 crore) |
| Minimum bid (lot size) | 1,200 shares (INR 120,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE SME |
DCG Cables & Wires Financial Performance
| Â | FY 2023 | 11M FY 2024 |
| Revenue | 54.52 | 76.33 |
| Expenses | 52.25 | 65.07 |
| Net income | 1.72 | 8.47 |
DCG Cables & Wires Offer News
- DCG Cables RHP
- DCG Cables Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
DCG Cables Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 101.76 | 1.96 | 3.71 |
| PE ratio | – | – | 26.95 |
| RONW (%) | 78.79 | 8.38 | 11.22 |
| NAV | 98.10 | 11.18 | 11.57 |
| ROCE (%) | 78.79 | 8.38 | 11.22 |
| EBITDA (%) | 1.08 | 3.31 | 6.51 |
| Debt/Equity | 14.96 | 5.93 | 1.18 |
DCG Cables IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 15 April 2024 | – | – | – |
| 13 April 2024 | 10 | – | 9,000 |
| 12 April 2024 | 12 | – | 10,500 |
| 11 April 2024 | 15 | – | 14,500 |
| 10 April 2024 | 15 | – | 14,000 |
| 9 April 2024 | 17 | – | 16,000 |
| 8 April 2024 | 17 | – | 15,000 |
| 6 April 2024 | 15 | – | 14,000 |
| 5 April 2024 | 10 | – | 10,500 |
| 4 April 2024 | 8 | – | 10,000 |
| 3 April 2024 | 8 | – | 10,000 |
DCG Cables IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
|---|---|---|---|
| Shares Offered | 2,373,600 | 2,373,600 | 4,747,200 |
| 10 Apr 2024 | 11.50 | 20.24 | 15.87 |
| 9 Apr 2024 | 2.34 | 5.94 | 4.14 |
| 8 Apr 2024 | 0.36 | 2.80 | 1.58 |
The market maker reservation portion of 252,000 shares is not included in the above calculations.
DCG Cables IPO Allotment Status
DCG Cables IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
DCG Cables IPO Dates & Listing Performance
| IPO Opening Date | 8 April 2024 |
| IPO Closing Date | 10 April 2024 |
| Finalization of Basis of Allotment | 12 April 2024 |
| Initiation of refunds | 15 April 2024 |
| Transfer of shares to demat accounts | 15 April 2024 |
| IPO Listing Date | 16 April 2024 |
| Opening Price on NSE SME | INR 90 per share (down 10%) |
| Closing Price on NSE SME | INR 85.50 per share (down 14.50%) |
DCG Cables Offer Lead Manager
INTERACTIVE FINANCIAL SERVICES LIMITED
Office No. 508, Fifth Floor, Priviera,
Nehru Nagar, Ahmedabad – 380 015, Gujarat
Phone: +91-9898055647
Email:Â [email protected]
Website:Â www.ifinservices.in
DCG Cables Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone:Â +91 22 6263 8200
Email:Â Â [email protected]
Website:Â www.bigshareonline.com
DCG Cables IPO Contact Details
DCG CABLES & WIRES LIMITED
12, Agrasen Industrial Estate, Chotalal ni Chali,
Odhav Road, Ahmedabad -382415, Gujarat, India
Phone: +91 7861804932
E-mail: [email protected]
Website: www.dcgcableswiresltd.com
DCG Cables & Wires IPO FAQs
What is the DCG Cables offer size?
DCG Cables offer size is INR 49.99 crores.
What is the DCG Cables offer price band?
DCG Cables public offer price is INR 100 per share.
What is the lot size of the DCG Cables IPO?
DCG Cables offer lot size is 1,200 shares.
What is DCG Cables IPO GMP today?
DCG Cables IPO GMP today is INR NA per share.
What is the DCG Cables kostak rate today?
DCG Cables kostak rate today is NA per application.
What is DCG Cables Subject to Sauda rate today?
DCG Cables is Subject to the Sauda rate today is INR NA per application.
