What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of DCG Cables & Wires Limited IPO?

DCG Cables & Wires Limited IPO has received a total subscription of 15.87 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

DCG Cables & Wires Limited

ListedSME

Emerging SME Services · NSE

DCG Wires And Cables Limited, established in 2017, has emerged as a leading manufacturer of copper cables and wires in India, catering primarily to transformer manufacturers. Its diverse product range includes Copper Strips, Paper Covered Copper Strips in various shapes, paper-covered copper conductors, connection cables, and specialty wires such as kraft, crepe, nomex, and mica. With three advanced manufacturing facilities in Odhav, Kubadthal, and Waghodia, the company demonstrates strong production capabilities and a commitment to quality. Backed by a skilled workforce of approximately 69 employees, DCG Wires And Cables Limited continues to uphold its reputation for excellence and efficiency in the Indian copper wire and cable industry.

Price Band

₹100

Issue Size

₹49.99 Cr

Lot Size

1200 shares

GMP

—

Est. Listing

₹100

at current GMP

Subscribed

15.87x

overall

Open

8 Apr 2024

10 Apr 2024

Allotment

12 Apr 2024

Refund

13 Apr 2024

Demat Credit

14 Apr 2024

Listing

16 Apr 2024

Last updated 12 days ago

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

15.87x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

11.50x

High Net-Worth

Retail (RII)

20.24x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 15.87x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
NIB	2,373,600	27,288,000	11.50x
RETAIL	2,373,600	48,043,200	20.24x
Total	4,747,200	75,331,200	15.87x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 19.93x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	1,458	29,510	20.24x
HNIs (10L +)	9	104	11.50x
HNIs (2-10L)	45	518	11.50x
Total Applications	1,512	30,132	19.93x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About DCG Cables & Wires Limited Public Issue & Market Profile

DCG Cables & Wires Limited is bringing an initial public offering (IPO) in the Emerging SME Services sector with an aggregate issue size of ₹49.99 Crores. The shares are offered at a price band of ₹100 to ₹100 per equity share on NSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.

Bidding & Quota Instructions:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Allotment Reconciliation Schedule:

Following the close of bidding on 2024-04-10, the basis of allotment is scheduled to be finalized on 2024-04-12. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What is DCG Cables & Wires Limited IPO GMP today?

Currently, DCG Cables & Wires Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹100 to ₹100 per equity share.

What is the expected profit per lot for DCG Cables & Wires Limited IPO?

The retail lot size is 1200 shares requiring a minimum application amount of ₹1,20,000. Expected listing price is ₹100 per equity share.

What is the issue size and price band for DCG Cables & Wires Limited IPO?

The DCG Cables & Wires Limited IPO aggregate issue size is ₹49.99 Crores with an equity price band set at ₹100 to ₹100 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,20,000.

How can I check DCG Cables & Wires Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 15.87x (Retail: 20.24x, QIB: 0.00x, NII: 11.50x). You can track live multiples directly on our dedicated subscription page.

Where and when will DCG Cables & Wires Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Bigshare Services Private Limited) and the BSE status verification website on or around 2024-04-12. Investors can verify status using PAN card or application number.

When is the listing date for DCG Cables & Wires Limited IPO?

DCG Cables & Wires Limited shares are scheduled to list on NSE on 2024-04-16.