05
Apr
Mumbai (Maharashtra) [India], April 5: DCG Cables & Wires Limited, a manufacturer of copper cables and wires, has announced its plan to go public with an Initial Public Offering on April 08, 2024. The company is aiming to raise ₹ 49.99 Crores through this IPO, with shares set to be listed on the NSE Emerge platform. The issue size is Up to 49,99,200 equity shares at face value of ₹ 10 each. Equity Share Allocation – Non-Institutional Investors (NII) – Up To 23,73,600Equity Shares – Retail Individual Investors (RII) – Up To 23,73,600Equity Shares – Market Maker – Up To 2,52,000 Equity Shares The net proceeds from the IPO will be utilized for Funding Capital Expenditure for Building Construction, Long term Working Capital Requirements, and General…
