DCG Cables & Wires IPO Review - Issue Date, Price, GMP, Subscription, Allotment, Lot Size, and Details

DCG Cables & Wires IPO Review

DCG Cables & Wires Ltd. (DCWL) specializes in copper cable manufacturing, focusing on products for transformers. In FY24, net profit surged by 8x, while revenue saw a 1.5x increase. With a NAV of Rs. 17.94 on Feb 29, 2024, the issue is priced at a P/BV of 5.57, and post-IPO NAV at Rs. 40.54 per share, it's at 2.47 P/BV. No dividends have been declared since inception. DCWL operates solely in Gujarat, limiting its market reach. High competition from various players, organized and unorganized, poses challenges. Despite these, the company's high P/E valuation compared to peers signals potential. Strong FY24 results suggest an investment opportunity post-listing.

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Step Process Timeline
1 Consultation & Eligibility Check – Our experts assess your business and required documents. 1 Day
2 Document Collection & Preparation – You share scanned copies; we prepare the application. 1–2 Days
3 Online Application Submission – Filing GST REG-01 on GST portal. 1 Day
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6 GSTIN Allotment & Certificate Issued – Once approved, you receive your GST registration certificate via email. 3–5 Days Total

Estimated Total Duration: 3–5 Working Days

Services

The GST registration process at FinanceSaathi is quick, transparent, and end-to-end online:

Step Process Timeline
1 Consultation & Eligibility Check – Our experts assess your business and required documents. 1 Day
2 Document Collection & Preparation – You share scanned copies; we prepare the application. 1–2 Days
3 Online Application Submission – Filing GST REG-01 on GST portal. 1 Day
4 ARN Generation & Verification – Acknowledgment number generated and verified. 1 Day
5 GST Officer Review – Department may seek clarification if required. 2–3 Days
6 GSTIN Allotment & Certificate Issued – Once approved, you receive your GST registration certificate via email. 3–5 Days Total

Estimated Total Duration: 3–5 Working Days

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