Business description from prospectus – DP Wires is engaged in manufacturing and supply of Steel wires, plastic pipes and plastic films which find its application in industries like oil & gas, power, environment, civil, energy, automobile, infrastructure etc. All its manufacturing divisions are situated in a single premise at Industrial Estate, Ratlam.
In the year 2001-02, it started commercial production of wire drawing of high carbon, low carbon & alloy steel, polyethene and polyethene layflat tubing. In year 2003-04 it started production of LRPC Strands used in bridges, flyovers etc.
The company is also engaged in power generation through 2 wind farms of 0.80 MW each in village Okha-Madhi and Jodhpur in District Jamnagar. It has entered into PPA with Gujarat Urja Vikas Nigam Limited for sale of electricity generated through these wind farms for a period of 20 years. Both these wind farms were installed on turnkey basis by Eneron India Pvt. Ltd. in the year 2006-07.
Its Plastic Products have been used in Lining of Canals, Landfills, Highway & Road Constructions, Ponds, Tanks, Water Reservoirs, Mining, and Solution Ponds and for corrosion Resistant on Steel tanks etc.
Promoters of DP Wires – Mr Praveen Kataria, Mr Hemant Kataria and Mrs Asha Devi Kataria
|
DP Wires IPO details |
|
| Subscription Dates | 21 – 26 September 2017 |
| IPO Price band | INR75 per share |
| Fresh issue | 3,584,000 shares (INR26.88 crore) |
| Offer for sale | Nil |
| Total IPO size | 3,584,000 shares (INR26.88 crore) |
| Minimum bid (lot size) | 1,600 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge SME platform |
|
DP Wires’ financial performance (in INR crore) |
||||||
| FY2013 | FY2014 | FY2015 | FY2016 | FY2017 | ||
| Total revenue | 97.8 | 93.6 | 139.1 | 160.0 | 196.8 | |
| Total expenses | 95.2 | 91.9 | 137.0 | 157.2 | 189.8 | |
| Profit after tax | 1.4 | 1.2 | 1.7 | 2.2 | 5.0 | |
DP Wires Limited
16-18A,
Industrial Estate,
Ratlam- 457001, Madhya Pradesh
Phone: +91Â 7412 261130
Email: [email protected]
Website: www.dpwires.co.in
| Day |
Subscription (no. of times) |
| Day 1 | 0.26 |
| Day 2 | 0.34 |
| Day 3 | 1.17 |
| Day 4 | 1.55 |
Â
Earnings Per Share (EPS): INR5.03
Price/Earnings (P/E) ratio: 14.91
Return on Net Worth (RONW): 18.04%
Net Asset Value (NAV): INR27.88 per share
Bigshare Services Private LimitedÂ
E2, Ansa Industrial Estate, Sakivihar Road,
Sakinaka, Andheri (E),
Mumbai – 400 072
Phone:Â +91 22Â 4043 0200Â
Fax:Â +91 22Â 2847Â 5201
Email:Â [email protected]
Website:Â www.bigshareonline.com
DP Wires IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
IPO Opening Date: 21 September 2017
IPO Closing Date: 26 September 2017
Listing Date: 5 October 2017
Listing Price on NSE SME: INR78 per share (up 4% from IPO price)
Closing Price on NSE SME: INR75 per share (no change from IPO price)
Minimum ipo status kya he