DCG Cables & Wires IPO GMP, Price Range, Details and More

DCG Cables & Wires IPO Will Open On 08-04-2024 and end on 10-04-2024. DCG Cables & Wires is a Small & Medium Enterprises (SME) IPO. DCG Cables & Wires IPO Price Range is ₹100-₹100 and Lot Size is 1200 shares per lot. The Minimum Bid Price is ₹100 and the Minimum Investment of ₹1,20,000 For one lot and the Maximum Bid Price Is ₹100 and the maximum investment of ₹1,20,000 for one lot.

DCG Cables & Wires IPO Issue Size is ₹49.99(Cr). Regular Retail Investors can invest up to Rs 2,00,000 and High Networth Individuals can Invest Up to Rs 5,00,000 in DCG Wires and Cables. The allotment date of DSG Cables & Wires Limited IPO is 12 April 2024. DSG Cables & Wires IPO to be listed on April 16, 2024

DCG Cables & Wires IPO Price Range

The Fixed Price Range of DCG Wires and Cables IPO is ₹100-₹100.

DCG Cables & Wires IPO GMP

As of 09 April 2024 DCG Wires and Cables IPO GMP is ₹15.

DCG Cables IPO Expected Return on Listing Day

Expected Returns On Listing Day of DCG Wires and Cables is 15% and the Price Prediction of DCG Wires and Cables Share Is ₹115.

DCG Cables and Wires Financials

Revenue: The DCG Cables and Wires revenue in 2023 was ₹54.52(Cr), and in 2022 the revenue was around ₹27.69(Cr) crore, in 2021, DCG Cables and Wires revenue was around ₹14.62(Cr).

Profit: DCG Cables Profits In 2023 were ₹1.72 (Cr) and In 2022 The Profit was ₹0.37 (Cr) and In 2021, DCG Cables and Wires Made a profit of 0.10(Cr).

Assets Information: The assets of DCG Cables and Wires in 2023 were ₹34.81 Cr), and in 2022, the company’s assets were ₹12.94(Cr), or in 2021, The Company’s assets were ₹1.62(Cr).

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About the DCG Cables & Wires

DCG Cables and Wires was Established in 2017. DSG Cables & Wires Limited manufactures Copper Cables & Wires. They produce copper cables used in transformers. DCG cables & wires have wide range of product portfolio which includes Copper Strips, Paper Covered Copper Strips and Wires (Kraft/Crepe/Nomex/Mica) Bare Copper Wires and Strips, Copper Tapes and Fiberglass Copper.

DCG Cables & Wires has three manufacturing facilities located at Odhav in Gujarat, Kuberthal in Ahmedabad and Waghodia in Vadodara. The Managing Director of DCG Cables & Wires is MR Devang Patel.

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