DCG Cables And Wires IPO - Apply or Avoid? | DCG Wires And Cables Limited IPO Review
DCG Cables And Wires Limited IPO is open for subscription on 8th April 2024 and will close on 10th April 2024. Learn if you should invest in this IPO or avoid it as we provide top reasons, both to consider DCG Wires And Cables IPO or avoid it. We talk about what this company is about, what they manufacture, how many manufacturing units they have, why you should consider investing, their negative points, and more! For more SME IPO updates like this, subscribe to Planify!
About DCG Cables and Wires:
DCG Wires And Cables Limited, founded in 2017, manufactures copper wires and cables specifically catering to transformer manufacturers in India. Their product range includes various types of copper strips, wires, and tapes, both bare and insulated with materials like kraft, crepe, nomex, and mica. They emphasize high-quality production and utilize latest technology to meet client needs. DCG Wires And Cables SME IPO is a fixed price issue of ₹49.99 crore. The issue is entirely a fresh issue of 49.99 lakh shares. DCG Wires And Cables IPO price is ₹100 per share. The minimum lot size for an application is 1,200 shares, which means investors can bid for a minimum of 1,200 shares and in multiples thereof. The minimum amount of investment required by retail investors is ₹1,20,000.
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