DCG Wires And Cables Limited

Company Profile
Company Name DCG Wires And Cables Limited
Open Date 08-04-2024
Close Date 10-04-2024
Exchange NSE SME
Lot Size 1200 Shares
Issue Price ₹100 per share
Issue Size 49,99,200 shares
Application Amount ₹1,20,000
Recommendation Avoid
Founded in 2017, DCG Cables and Wires Limited has its registered office in Ahmedabad, Gujarat, India. The company is a manufacturer of copper cables and wires. The company’s primary focus is on manufacturing different types of copper cables which find application in Transformers. The company’s product portfolio consists of Copper Strips, Paper Covered Copper Strips and Wires (Kraft/Crepe/Nomex/Mica) Bare Copper Wires and Strips, Copper Tapes and Fiber Glass Copper. As of February 29th, 2024, the company had a total of 69 employees on its payroll.
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Financial Summary in Lakhs

For the Period Ended Mar-23 Feb-24
Total Assets 3,564.12 6,152.14
Net Assets 1,532.99 2,366.82
Total Borrowings 1,872.58 2,630.14
Total Revenue 5,455.18 7,639.08
Profit After Tax 172.07 847.09

Tentative Timeline

Opening Date 08-04-2024
Closing Date 10-04-2024
Basis of Allotment 12-04-2024
Initiation of Refunds 15-04-2024
Credit of Shares to Demat 15-04-2024
Listing Date 16-04-2024

Objects of the Issue

Capital Expenditure for building construction
Working capital requirements
General corporate purposes
Meeting Public Issue Expenses

Contact Information

Registered Office DCG Wires And Cables Limited 12, Agrasen Industrial Estate, Chotalal Ni Chali, Odhav Road, Ahmedabad -382415
Phone +91 7861804932
Email dcgcopperindustries@yahoo.com
Website http://www.dcgcableswiresltd.com/

Registrar Details

Name Bigshare Services Pvt Ltd
Phone +91-22-6263 8200
Email ipo@bigshareonline.com
Website https://ipo.bigshareonline.com/ipo_status.html

IPO Reservation

Retail Shares Offered 50% of the net offer
Other Shares Offered 50% of the net offer

Shareholding Pattern

Share Holding Pre Issue (Promoters) 100.00 %
Share Holding Post Issue (Promoters) 72.45 %

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