IPO Details
Bidding Dates
08 Apr 24 - 10 Apr 24
Price Range ₹
100 - 0
Total Equity
₹ 49.99Cr
Lot Size
1200
Exchange Status
NSE
IPO Doc
Subscription Rate
Non-Institutional Investor
0.00×
Qualified Institutional Buyers
0.00×
Employees
0.00×
Retail Investors
0.00×
Total subscription Rate
0.00×
IPO Timeline
Offer start
08 Apr 2024
Offer end
10 Apr 2024
Allotment
12 Apr 2024
Refund initiation
15 Apr 2024
Demat transfer
15 Apr 2024
Listing
16 Apr 2024
Offer start
08 Apr 2024
Offer end
10 Apr 2024
Allotment
12 Apr 2024
Refund initiation
15 Apr 2024
Demat transfer
15 Apr 2024
Listing
16 Apr 2024
About Company
Founded in 2017, DCG Cables & Wires specializes in manufacturing copper cables and wires tailored for transformer manufacturers in India. Their diverse product range encompasses Copper Strips, Paper Covered Copper Strips in rectangular and round shapes, multiple paper-covered copper conductors and connection cables, and various Wires including kraft, crepe, nomex, and mica types. Additionally, they offer Bare Copper Wires and Strips, Copper Tapes, and Fiber Glass Copper. With a comprehensive portfolio, DCG Cables & Wires stands out as a reliable provider meeting the needs of the transformer industry with high-quality copper products.
Year Founded
29-09-2017
Promotor Details
Promoter Holdings Details
| Particular | Pre-IPO | Post-IPO |
|---|---|---|
| Percentage | 100 | 72.45 |
| Share Capital | 13150200 | 13150200 |
Offer to Public
49,99,200.00 Cr
Project Details
- Long term Working capital requirement - 332cr
- General corporate purposes - 87.289cr
- Capital Expenditure for building construction - 53.631cr
Objectives
- Capital Expenditure for building constructionWorking capital requirementGeneral Corporate Purpose,Meeting Public Issue Expenses.
Highlights
- Offers a wide range of copper cables and wires catering to various needs of transformer manufacturers.
- With three manufacturing facilities, the company can meet demand efficiently and effectively.
- Substantial production capacity across different types of copper products ensures scalability and competitiveness.
- Employment of around 69 people indicates a skilled workforce contributing to operational efficiency
- Presence in multiple locations such as Odhav, Ahmedabad; Kubadthal, Ahmedabad; and Waghodia, Vadodara enhances accessibility and customer reach.
Challenges
- Vulnerability to fluctuations in copper prices can affect profitability and financial stability.
- Operating in a competitive industry may pose challenges in maintaining market share and pricing power.
- Heavy reliance on the transformer manufacturing sector exposes the company to risks associated with changes in demand and regulations
- Running multiple manufacturing facilities entails operational complexities and risks that need to be managed effectively.
- Ensuring effective workforce management and retention amidst changing market conditions can be challenging and resource-intensive.
Financials
| Years | Total Assets | Share Capital | Profit After Tax | Consolidated Net Profit | Adjusted EPS |
|---|---|---|---|---|---|
| 2023 | 3,563.64 | 1,315.00 | 884.97 | 884.97 | 6.7296 |
| 2024 | 8,523.33 | 1,315.04 | 168.32 | 168.32 | 1.28 |
