DCG Cables IPO
DCG Cables & Wires Ltd
₹1,20,000 /1200 sharesMinimum Investment
DCG Cables IPO Details
Bidding Dates | Min. Investment | Lot Size | Price Range |
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8 Apr ‘24 - 10 Apr ‘24 | ₹1,20,000 | 1,200 | ₹100 - ₹100 |
DCG Cables & Wires Limited is manufacturer of copper cables and wires. Its primarily focus is on manufacturing of different types of copper cables which finds application in Transformers. Its product portfolio consists of Copper Strips, Paper Covered Copper Strips and Wires (Kraft/Crepe/Nomex/Mica) Bare Copper Wires and Strips, Copper Tapes and Fiber Glass Copper.
At DCG, the company takes pride in offering a wide range of copper products. Its products include bare copper strips, conductors, and wires, ensuring optimal conductivity for various applications. The Company also provides paper-covered copper conductors in both rectangular and round shapes, as well as multi-paper-covered copper conductors and connection cables designed specifically for transformers. For added durability, The Company offers fiber glass-covered copper strips and wires. Additionally, its copper submersible wires and strips are perfect for submersible applications. The Company also supplies twin and triple bunched paper-covered copper strips and bunch conductors.;
Managing director
Mr. Devang Patel
Parent organisation
DCG Cables & Wires Ltd
Strengths & Financials of DCG Cables
Exceptional Product Quality
Long-standing Reputation for Reliability and Consistency
The Company had avail dealer finance facility from SG Finserve Limited of Rs 300 lacs and the charge has been created on the current assets of the Company without getting the NOC from the State Bank of India who had sanctioned working capital limit against the current assets of the Company.
The Company has not applied for the registration under PF and ESIC Act, though the same is applicable since FY 2021-22. Further the Company is irregular in depositing the Provident Fund and ESIC collected from the salary of employees and contribution by company with the respected Authorities as well as filing the return as per Acts.
The company does not own registered office and its factory premises situated at Odhav, Ahmedabad.
Its two other factory premises are on rental basis.
DCG Cables Financials
*All values are in Rs. Cr
Application Details of DCG Cables IPO
Apply as | Price band | Apply Range |
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Regular | ₹100 - 100 | ₹2 - 5 Lakh |
High Networth Individual | ₹100 - 100 | ₹2 - 5 Lakh |
For DCG Cables IPO, eligible investors can apply as Regular.