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DCG Cables & Wires Ltd IPO: Check GMP, subscription status on day 1, other details to know
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₹100 apiece. The IPO lot size for DCG Cables & Wires Ltd IPO is 1,200 shares.
The equity share allocation for the DCG Cables & Wires Ltd IPO is as follows: up to 23,73,600 equity shares are allocated to non-institutional investors (NII); up to 23,73,600 equity shares are allocated to retail individual investors (RII); and up to 2,52,000 equity shares are allocated to market makers. According to the prospectus, the business makes copper wires and cables.
The company's primary goal is to manufacture various copper wire kinds that are used in transformers. Copper Tapes, Paper Covered Copper Strips and Wires (Kraft/Crepe/Nomex/Mica), Bare Copper Wires and Strips, and Fiber Glass Copper make up their product line.
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