DCG CABLES & WIRES SME IPO Details, Financials, Valuation & Peers
Get everything you need to know about the DCG CABLES & WIRES IPO. Explore DCG CABLES & WIRES IPO details, including IPO dates, financial statements, valuation, peer comparison, and more.
Overview
DCG Cables & Wires is a prominent manufacturer specializing in the production of copper cables and wires, with a primary focus on catering to the needs of transformer manufacturers. With a commitment to quality and customer satisfaction, DCG offers an extensive range of copper products designed for various industrial applications.
Key Points:
- Specialization: DCG specializes in manufacturing copper cables and wires, with a primary focus on catering to transformer manufacturers.
- Product Range: The company offers a diverse range of copper products, including bare copper strips, conductors, wires, paper-covered copper conductors, and fiber glass-covered copper strips and wires.
- Market Focus: DCG primarily serves transformer manufacturing companies in India, leveraging strong customer relationships cultivated by its experienced promoter since 2008.
- Manufacturing Facilities: Operating three manufacturing units in Ahmedabad and Vadodara, equipped with advanced machinery, DCG ensures efficient production of high-quality copper products.
- Expansion: With plans to establish a new manufacturing plant in Gujarat, DCG aims to enhance its manufacturing capabilities for better efficiency and cost optimization.
Objects of the Issue
- Capital Expenditure for building construction
- Working capital requirement
- General Corporate Purpose
- Meeting Public Issue Expenses
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 08 Apr - 10 Apr 2024 |
| IPO Price Band | ₹ 100 per share |
| Fresh Issue | 4,999,200 shares |
| Offer For Sale | NIL |
| Total IPO Size | ₹ 49.99 crore |
| Face Value | ₹ 10 |
| Listing On | NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 08 Apr 2024 |
| IPO Closing Date | 10 Apr 2024 |
| Basis Of Allotment | 12 Apr 2024 |
| Refunds | 15 Apr 2024 |
| Demat Transfer | 15 Apr 2024 |
| IPO Listing Date | 16 Apr 2024 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | Feb 2024 |
|---|---|---|---|---|
| Total Income | 14.63 | 27.70 | 54.55 | 76.39 |
| Total Expenses | 14.49 | 27.21 | 52.25 | 65.07 |
| Net Profit/Loss | 0.10 | 0.37 | 1.72 | 8.47 |
| NPM (*) | 0.70 | 1.34 | 3.15 | 11.09 |
| Total Assets | NA | NA | 35.64 | 61.52 |
| Total Liabilities | NA | NA | 20.31 | 37.85 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Valuation
Uncover significant valuation metrics such as EPS (Earnings Per Share), ROE (Return on Equity), ROCE (Return on Capital Employed), D/E Ratio (Debt-to-Equity Ratio), Current Ratio, and EBITDA Margin. These key indicators offer insights into the company's financial standing and performance, aiding in informed investment decisions.
| Period Ended | 31st March 2021 | 31st March 2022 | 31st March 2023 | Feb 2024 |
|---|---|---|---|---|
| EPS | 101.76 | 1.96 | 3.71 | 6.44 |
| ROE (%) | 106.15 | 8.42 | 11.31 | 35.92 |
| ROCE (%) | 78.79 | 8.38 | 11.22 | 59.10 |
| D/E Ratio | 14.96 | 5.93 | 1.18 | 1.09 |
| Current Ratio | 1.33 | 2.09 | 1.76 | 1.56 |
| EBITDA MARGIN (%) | 1.08 | 3.31 | 6.51 | 19.53 |
* Compiled from DRHP/RHP for valuation purposes.
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | Revenue | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|---|
| DCG Cables and Wires Limited | 54.55 | 15.53 | 1.31 | 11.23 | 11.57 |
| Cords Cable Industries Limited | 527.65 | 31.92 | 5.52 | 4.58 | 123.15 |
| Universal Cables Limited | 2,219.58 | 30.43 | 18.21 | 8.93 | 203.87 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 0 |
| Non-Institutional Investor (NII/HNI) | 11.53 |
| Retail Individual Investor (RII) | 21.7 |
| Total | 16.96 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
Bigshare Services Private Limited
Phone: +91 22-62638200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Company Promoters
- Devang Patel
- Harshadbhai Patel
- Ushaben Patel
Lead Managers
- INTERACTIVE FINANCIAL SERVICES LIMITED
Company Address
DCG CABLES & WIRES LIMITED
12, Agrasen Industrial Estate, Chotalal Ni Chali, Odhav Road,
Ahmedabad -382415, Gujarat, India
Phone: +91 7861804932
Email: info@dcgcopper.com
Website: https://dcgcableswiresltd.com/
FAQs
- What is the issue size of the DCG CABLES & WIRES SME IPO?The DCG CABLES & WIRES SME IPO has an issue size of ₹ 49.99 crore. This includes a fresh issue of 4,999,200 shares and an offer for sale (OFS) of NIL.
- What is the price band of the DCG CABLES & WIRES IPO?The price band for the DCG CABLES & WIRES IPO is ₹ 100 per share.
- What are the bidding dates for the DCG CABLES & WIRES IPO?The DCG CABLES & WIRES IPO will open for bidding on 08 Apr 2024 and close on 10 Apr 2024.
- What is the allotment date for the DCG CABLES & WIRES IPO?The allotment date for the DCG CABLES & WIRES IPO is 12 Apr 2024.
- What is the listing date for the DCG CABLES & WIRES IPO?The listing date for the DCG CABLES & WIRES IPO is 16 Apr 2024.
- What is the DCG CABLES & WIRES IPO grey market premium?The grey market premium (GMP) for the DCG CABLES & WIRES IPO is currently at ₹0, with an expected listing gain of approximately 0%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.