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DCG Wires And Cables IPO

DCG Wires and Cables, a promising player in the electrical industry, is gearing up for its Initial Public Offering (IPO). Established in 2017, the company specialises in producing high-quality copper cables and wires, catering specifically to transformer manufacturers across India.

The DCG Wires and Cables IPO is set to be launched to fuel further growth and expansion in the burgeoning electrical sector.

DCG Wires And Cables IPO Details


Parameter Details
IPO Open Date Monday, April 8, 2024
IPO Close Date Wednesday, April 10, 2024
Basis of Allotment Friday, April 12, 2024
Initiation of Refunds Monday, April 15, 2024
Credit of Shares to Demat Monday, April 15, 2024
Listing Date Tuesday, April 16, 2024
Total Issue Size ₹ 49.99 Cr
Lot Size 1200 Shares
Listing At NSE SME

Checkout the List of Upcoming IPO.

About the Company

Established in 2017, DCG Cables & Wires Limited is a prominent manufacturer of copper cables and wires tailored for transformer manufacturers in India. Its diverse product range includes Copper Strips, Paper Covered Copper Strips, and various paper-covered copper conductors.

With manufacturing facilities in Odhav, Kubadthal, and Waghodia, the company boasts a total capacity of 5,868 MT for bare copper wire and strip production. Employing around 69 individuals as of February 29, 2024, DCG Cables & Wires is poised to continue its trajectory of innovation and excellence in the electrical industry.

DCG Wires And Cables Financial Highlights

Year Revenue (in Rs. Crores) Expense (in Rs. Crores) Profit After Tax (in Rs. Crores)
2021 Rs. 14.63 Rs. 14.49 Rs. 0.10
2022 Rs. 27.70 Rs. 27.21 Rs. 0.37
2023 Rs. 54.55 Rs. 52.25 Rs. 1.72
Feb 2024 Rs. 76.39 Rs. 65.07 Rs. 8.47

DCG Cables & Wires Limited has demonstrated consistent growth in revenue over the past few years, increasing from Rs. 14.63 crore in 2021 to Rs. 76.39 crore in February 2024. Despite rising expenses, the company has managed to maintain profitability, with profits after tax rising significantly from Rs. 0.10 crores in 2021 to Rs. 8.47 crores in February 2024, reflecting robust financial health and promising prospects for future expansion.

DCG Wires And Cables Strengths and Weaknesses

Strengths Weaknesses

1. Customisation expertise and competitive pricing.

1. Limited number of suppliers.

2. Focus on exceptional product quality.

2. Business operations concentrated in Gujarat.

3. Long-standing reputation for reliability and consistency.

3. High working capital requirements.

4. Experienced team of promoters.

How to apply in IPO via UPI on Dynami

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How to apply DCG Wires And Cables IPO?

Retail investors need to apply for the IPO using UPI

UPI

  • Link your bank account to a UPI ID.
  • Register your UPI id with your Demat account.
  • Subscribe DCG Wires And Cables IPO and approve the payment on your UPI ID.

Demat Account

  • If you are an existing Dynami user, Pre-Apply Now!
  • For new investor, get free demat account opening offer on our web & Dynami App ensuring a smooth and hassle-free experience for your initial investments.

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Frequently asked questions

  • An IPO also known as initial pulic offering or stock launch is a process when a private company sale its shares to public for the first time. Learn more about IPO at our knowledge centre.

  • A lot size is the minimum number of shares that an investor has to bid for. A lot size differs for each IPO and is fixed by the company.

  • IPO Price Band is the price range within which investors can bid for the shares. The minimum price is called the floor price and the maximum price is called the cap price.

  • Issue size is the total value of an IPO. It is calculated by multiplying the number of shares offered by the company by the issue price per share.

  • You will receive an email on your registered email id if the IPO shares are allotted to you. Alternatively, you can also visit the registrar of the company’s official website and provide the details as asked in the allotment status section of the website.

  • IPOs, as such, do not have any taxes. You are taxed only when you decide to sell the IPO shares. Any monetary profit you make while selling the IPO shares is referred to as ‘capital gains’.

    Capital gains tax is charged depending on how long you held the shares for. If you owned the shares for less than 12 months, it is considered as short-term capital gains and if it is over 12 months, it is referred as long-term capital gains.

    Tax on short-term capital gains is 15%. It is 10% for equity gains in the long run (over 12 months). Do remember that you are taxed if the equity proceeds exceed Rs 1 lakh.

  • The IPO's price is set at Rs. 100 per share.

  • The IPO comprises 4,999,200 shares, totalling Rs. 49.99 crore.

  • The minimum lot size for the IPO is 1200 shares.

  • The minimum investment required is Rs. 120,000 for both retail investors and High Net Worth Individuals (HNI).