Dcg Cables IPO: Issue Details, Open/Close Date | Research 360 by Motilal Oswal
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DCG Cables

CMP

93.05

-0.85 (-0.91%)

  • DRHP
₹100

Offer Price

₹ 49.99 Cr

Issue Size

₹ 1,20,000

Min Investment

1,200

Lot size

Time Line

  • 08
    Apr 2024
    Open
  • 10
    Apr 2024
    Close
  • 16
    Apr 2024
    Listing Date

Objects of the Offer

  • Consolidation of manufacturing facilities

  • Focus on consistently meeting quality standards

  • Maintaining cordial relationship with its Suppliers, Customer and employees.

  • Expanding Product Range and Up-selling and Cross-selling.

Products & Services

  • DCG Cables & Wires Limited is manufacturer of copper cables and wires.

Strengths

  • Exceptional Product Quality

  • Customization Expertise

  • Competitive Pricing

  • Long-standing Reputation for Reliability and Consistency

  • Vast Experience of its Promoters

Risks

  • 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.

  • The Company has applied for the Factory licenses for its Waghodia factory in the month of October, 2023.

Company Promoters

Promoters Holding

Issue For IPO
27.54%
Pre Holding

100.00%

Post Holding

72.46%

Top Promoters Holding

Financials

All values in Cr

Mar-2023 Mar-2023 Mar-2023 3-Yr trend
Revenue 1.72 (-) 54.52 (-) 11.23 (-)
Gross Profit 1.72 (-) 54.52 (-) 11.23 (-)
Net Income 1.72 (-) 54.52 (-) 11.23 (-)
Assets 1.72 (-) 54.52 (-) 11.23 (-)
Liabilities 1.72 (-) 54.52 (-) 11.23 (-)

Peers

Company Name Revenue (Cr) Net Profit (Cr) Assets (Cr) Liabilities (Cr) ROE EPS BVPS Current Ratio Debt to Assets
DCG Cables & Wires Ltd 54.52 1.72 33.49 18.16 11.23 0.00 11.66 22.61 0.54
Cords Cable Industries Ltd 526.26 7.22 336.62 336.62 4.53 5.52 123.15 2.14 0.47
Universal Cables Ltd 2,201.95 118.15 2,810.31 2,810.31 7.89 34.05 431.32 4.20 0.44

Book Running Managers

  • Interactive Financial Services Ltd

Registrar & Transfer Agent

Bigshare Services Pvt Ltd

Office No 56-2,
Pinnacle Busine.Park,
Mahakali Caves Road - Mumbai - 400093
Phone : 91-22-62638200 Fax: 91-22-63638299

Company Contact Information

# 12 Agrasen Industrial Estate,
Chotalal ni Chali Odhav Road,
Ahmedabad - 382415
Phone : +91 78618 04932 Email : dcgcopperindustries@yahoo.com www.dcgcableswiresltd.com

Offer Related Information

Initial public issue of 49,99,200 equity shares of face value of Rs. 10/- each of DCG Cables & Wires Limited ("DCG" or the "Company" or the "Issuer") for cash at a price of Rs. 100.00/- per equity share including a share premium of Rs. 90.00/- per equity share (the "Issue Price") aggregating to Rs. 49.99 crores ("The Issue"), of which 2,52,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 100.00/- per equity share including a share premium of Rs. 90.00/- per equity... More

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