The DCG Cables IPO started on April 8, 2024, and ended on April 10, 2024. Shares were allocated on April 12, 2024, and refund processes began on April 15, 2024. On April 15, 2024, the shares were credited to investors demat accounts. DCG Cables & Wires was officially listed on the stock exchange on April 16, 2024.
During the IPO, DCG Cables & Wires offered shares at a price range of ₹100 per share, and the lot size was 1200 shares. The total issue size was ₹49.99 crores, with ₹49.99 crores from new shares. The IPO was listed on the NSE SME.
DCG Cables IPO Subscription Update Video
DCG Cables IPO Subscription Status
The DCG Cables IPO on April 10, 2024 was subscribed 16.96 times, with the retail category being subscribed 21.70 times, the other category being subscribed 11.53 times.
| Category | Subscription |
| Other | 11.53x |
| Retail | 21.70x |
| Total | 16.96x |
DCG Cables & Wires IPO Basic Details
| Company Name | DCG Cables & Wires Limited |
| Domain of Company | Wire and Cables Manufacturer |
| DCG Cables IPO Open Date | April 8, 2024 |
| DCG Cables IPO Close Date | April 10, 2024 |
| DCG Cables IPO Allotment Date | April 12, 2024 |
| DCG Cables IPO Listing Date | April 16, 2024 |
| Face Value | ₹10 per share |
| Price | ₹100 per share |
| Lot Size | 1200 Shares |
| Issue Size | 4,999,200 shares of ₹10 (aggregating up to ₹49.99 Cr) |
| Fresh Issue | 4,999,200 shares of ₹10 (aggregating up to ₹49.99 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Company Promoters | Mr. Devang Patel, Mr. Harshadbhai Patel, and Ms. Ushaben Patel |
About DCG Cables & Wires Limited
DCG Cables & Wires started in 2017 making copper cables and wires for transformer makers in India.
Our products include Copper Strips, Paper Covered Copper Strips (both rectangular and round shapes), various paper-covered copper conductors and connection cables, and Wires (kraft/crepe/nomex/mica), along with Bare Copper Wires and Strips, Copper Tapes, and Fiber Glass Copper.
We have three manufacturing sites: one in Odhav, Ahmedabad; another in Kubadthal, Ahmedabad; and one more in Waghodia, Vadodara. Together, they can produce 5,868 metric tons of bare copper wire and strip, 1,404 metric tons of paper-coated copper strips and wires, 1,512 metric tons of cable wires, 5,760 metric tons of copper rods, 10,080 metric tons of flat copper wires, 972 metric tons of submersible wires, and 540 metric tons of glass fiber-coated copper strips.
As of February 29, 2024, we have about 69 employees.
DCG Cables & Wires IPO Should you subscribe?
DCG Cables & Wires IPO More Details Click Here
DCG Cables & Wires IPO FAQs
What is the start and end date of DCG Cables & Wires IPO Subscription?
The DCG Cables & Wires IPO started on April 8, 2024, and ended on April 10, 2024.
When does DCG Cables & Wires IPO Subscription open?
The DCG Cables & Wires IPO open on April 8, 2024.
When does DCG Cables & Wires IPO Subscription close?
The DCG Cables & Wires IPO Close on April 10, 2024.
What is the allotment date of DCG Cables & Wires IPO?
The allotment date for DCG Cables & Wires IPO is April 12, 2024.
When is the initial refund date of DCG Cables & Wires IPO?
The initial Refund date for DCG Cables & Wires IPO is April 15, 2024.
When were the shares credited to investors demat accounts for the DCG Cables & Wires IPO?
The shares for the DCG Cables & Wires IPO were credited to investors demat accounts on April 15, 2024.
When will DCG Cables & Wires IPO be listed on the stock market?
DCG Cables & Wires IPO stock market will be listed on April 16, 2024 at 10 am.
What was the price range of the DCG Cables & Wires IPO shares?
The DCG Cables & Wires IPO shares were offered at a price range of ₹100 per share.
What was the lot size for the DCG Cables & Wires IPO shares?
The lot size for the DCG Cables & Wires IPO shares was 1200 shares.
What was the total issue size of the DCG Cables & Wires IPO?
The total issue size of the DCG Cables & Wires IPO was ₹49.99 crores.
On which stock exchanges was the DCG Cables & Wires IPO listed?
The DCG Cables & Wires IPO was listed on the NSE SME.
What is the DCG Cables & Wires IPO Subscription Status?
DCG Cables & Wires IPO is subscribed 16.96 Times.
