DCG Wires And Cables Limited IPO Subscriptions Status Live Today
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April 08, 2024 - April 10, 2024
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DCG Wires And Cables Limited IPO Details
Issue Open | 08 April 2024 |
Issue Close | 10 April 2024 |
IPO Price | ₹100 per equity share |
Face Value | ₹10 per equity share |
IPO Size | ₹49.99 Cr. |
Listing At | NSE, SME |
IPO Lot Size | 1200 Shares |
IPO Investor Categories
- Qualified Institutional Buyers (QIB)- Qualified
Institutional Buyers (QIBs) are typically large, financially sophisticated
investors, such as mutual funds, insurance companies, pension funds, and hedge
funds, who are considered to have the expertise and resources to evaluate
investment opportunities. QIBs must meet certain financial criteria set by the
Securities and Exchange Board of India (SEBI) to participate in an IPO. They
are allowed to bid for shares at a price lower than the price at which shares
are offered to retail investors.
- Non-Institutional Investors (NII) - Non-Institutional Investors (NIIs), on the other hand, are typically individual investors, High Net Worth Individuals (HNIs), or corporate bodies who do not meet the financial criteria to be classified as QIBs. They are allowed to participate in an IPO at the same price as retail investors.
NII category has two subcategories:
1. sNII -
"sNII" stands for "Small Non-Institutional Investor." This
subcategory includes investors who have bid for shares worth between Rs. 2
lakhs and Rs. 10 lakhs in an IPO.
2. bNII - "bNII" stands for "Big Non-Institutional Investor." This subcategory includes investors who have bid for shares worth more than Rs. 10 lakhs in an IPO.
- Retail Individual Investors (RII) - Retail Individual Investors (RIIs) are individual investors who apply for shares worth up to Rs. 2 lakhs in an IPO to encourage retail participation in the IPO process.
- Employee (EMP)- The Employee (EMP) category in an IPO is reserved for the employees, directors, and business associates of the issuer company, and the allocation of shares to this category is determined by the issuer company and the lead manager of the IPO.
- Others- A category of eligible shareholders or other investors with a reserved IPO quota.
Frequently Asked Question
DCG Wires And Cables Limited IPO shares will get listed on April 16, 2024.
Pre-issue shareholding of the DCG Wires And Cables Limited IPO promoter is 100.00%.
Lot size of the DCG Wires And Cables Limited IPO is 1200 shares.
IPO application is an online process by using UPI or ASBA as a payment method. ASBA IPO application is already available in the net banking of your respective bank account and the UPI application is offered by your Stockbroker, you can invest in SVS Limited IPO using any neatest method at your convenience.
Post-issue shareholding of the DCG Wires And Cables Limited IPO promoter is 72.45%.
Minimum and maximum order quantity is 1 lot only.
DCG Wires And Cables Limited IPO share price ₹100 per share.
Opening date of DCG Wires And Cables Limited IPO is April 08, 2024.
DCG Wires And Cables Limited IPO share price Shares will be listed at NSE SME.
The face value of DCG Wires And Cables Limited IPO is ₹10 per share.
If you do not get the allotment of on DCG Wires And Cables Limited IPO, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
In an IPO, the company hires an investment bank or banks to underwrite the offering. The underwriters help determine the offering price and quantity of shares to be sold.
While IPOs can offer significant returns, they also carry risks. Investors should carefully evaluate each IPO opportunity based on factors such as the company's fundamentals, industry outlook, and market conditions before making investment decisions.
You will receive on DCG Wires And Cables Limited IPO shares in your Demat account on April 12, 2024, if allotted.
The meaning of " DCG Wires And Cables Limited IPO GMP today" is the Grey Market Premium (GMP) for the initial public offering (IPO) of DCG Wires And Cables Limited IPO on the current day.
Closing date of DCG Wires And Cables Limited IPO is April 10, 2024.
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