DCG Wires And Cables Limited IPO

DCG Wires And Cables Limited 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.

 

DCG Wires And Cables Limited Financial Information (Restated Consolidated)

Period Ended29 Feb 202431 Mar 202331 Mar 202231 Mar 2021
Assets6,152.133,564.12  
Revenue7,639.085,455.18  
Profit After Tax847.10172.0637.2410.40
Net Worth2,367.151,533.82443.6913.14
Reserves and Surplus1,051.78217.99  
Total Borrowing2,569.831,812.27635.4429.80
Amount in ₹ Lakhs

Objects of the Issue (DCG Wires And Cables IPO Objectives)

The company proposes to utilize the Net Proceeds from the issue towards the following objects:

  1. Capital Expenditure for building construction,
  2. Working capital requirement,
  3. General Corporate Purpose, and
  4. Meeting Public Issue Expenses.

DCG Wires And Cables IPO Timeline (Tentative Schedule)

DCG Wires And Cables IPO opens on April 8, 2024, and closes on April 10, 2024.

IPO Open DateMonday, April 8, 2024
IPO Close DateWednesday, April 10, 2024
Basis of AllotmentFriday, April 12, 2024
Initiation of RefundsMonday, April 15, 2024
Credit of Shares to DematMonday, April 15, 2024
Listing DateTuesday, April 16, 2024
Cut-off time for UPI mandate confirmation5 PM on April 10, 2024

SHARIAH SCREENING for - DCG Wires And Cables Limited IPO

BUSINESS SCREEN

FINANCIAL RATIOS

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