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Open
8 Apr 2024
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Close
10 Apr 2024
3
Allotment
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Listing
Tue, Apr 16, 2024
Price Band
₹100 per share
Issue Size
49,99,200 shares (agg. up to ₹50 Cr)
Lot Size
1,200 Shares
Listing Date
Tue, Apr 16, 2024
Latest GMP
₹0
Est. Gain
0%
✦ AI Insight
GMP Trend
16-04-2024₹0Est. ₹100+0%
15-04-2024₹0Est. ₹100+0%
14-04-2024₹0Est. ₹100+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 16.36x |
Restated Financials (₹ Cr.)
| Period Ended | 29 Feb 2024 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 61.52 | 35.64 | ||
| Total Income | 76.39 | 54.55 | ||
| Profit After Tax | 8.47 | 1.72 | 0.37 | 0.10 |
| NET Worth | 23.67 | 15.34 | 4.44 | 0.13 |
| Reserves and Surplus | 10.52 | 2.18 | ||
| Total Borrowing | 25.70 | 18.12 | 6.35 | 0.30 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Marco Cables & Conductors Ltd. | SME | ₹18.73 Cr | ₹36 | 20.22 | ₹40.60 | +12.78% | ₹32.00 (+6.67%) |
| Plaza Wires Ltd. | Mainboard | ₹71.28 Cr | ₹54 | 21.95 | ₹80.20 | +48.52% | ₹42.58 (+0.59%) |
| R R Kabel Ltd. | Mainboard | ₹1,964.01 Cr | ₹1035 | null | ₹1,198.05 | +15.75% | ₹2,293.30 (-4.68%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital Expenditure for building construction | 5.36 |
| 2 | Long term Working capital requirement | 33.20 |
| 3 | General corporate purposes | 8.73 |
About DCG Cables IPO
DCG Cables & Wires was founded in 2017 and manufactures copper cables and wires for transformer manufacturers in India. The company's product portfolio includes Copper Strips, Paper Covered Copper Strips in rectangular and round shapes, as well as multiple paper-covered copper conductors and connection cables, and Wires (kraft/crepe/nomex/mica), Bare Copper Wires and Strips, Copper Tapes and Fiber Glass Copper. The company has three manufacturing facilities at Odhav, Ahmedabad; Kubadthal, Ahmedabad; and Waghodia, Vadodara with a total capacity of 5,868 MT for bare copper wire and strip, 1,404 MT for paper coated copper strips and wires, 1,512 MT for cable wires, 5,760 MT for copper rods, 10,080 MT for flat copper wires, 972 MT for submersible wires and 540 MT for glass fiber coated copper strips. As on February 29, 2024, the company employed around 69 people.+ Read More
Contact Details
DCG Cables & Wires Ltd. Address12, Agrasen Industrial EstateChotalal Ni ChaliOdhav RoadAhmedabad, Gujarat, 382415+91 7861804932dcgcopperindustries@yahoo.comVisit Website