Incorporated in 1998, D P Wires Ltd is a manufacturer and supplier of steel wires, plastic pipes and plastic films. These products are commonly used in industries like oil & gas, power, environment, civil, energy, automobile, infrastructure etc.
D P Wires manufacturing facilities are located at Ratlam, MP for both wires and plastic products.
The plastic products produced by the company are used in Lining of Canals, Landfills, Highway & Road Constructions, Ponds, Tanks, Water Reservoirs, Mining, and Solution Ponds and for corrosion Resistant on Steel tanks etc. The wire products are used in construction, bridges, oil & gas, automobile springs, sleepers of railway track, national highways and state electricity board.
D P Wires is also engaged in power generation through 2 wind farms of 0.80 MW each in village Okha-Madhi and Jodhpur in District Jamnagar.
Mr. Praveen Kataria, Mr. Hemant Kataria and Mrs. Asha Devi Kataria
The objects of the Issue are:
1. To meet the working capital requirements;
2. General Corporate Purposes;
3. Issue Expenses.
»» Issue Open: Sep 21, 2017 - Sep 26, 2017
»» Issue Type: Fixed Price Issue IPO
»» Issue Size: [.] Equity Shares of Rs 10 aggregating up to Rs 26.88 Cr
› Fresh Issue of 3,584,000 Equity Shares of Rs 10 aggregating up to Rs [.] Cr
»» Face Value: Rs 10 Per Equity Share
»» Issue Price: Rs 75 Per Equity Share
»» Market Lot: 1600 Shares
»» Minimum Order Quantity: 1600 Shares
»» Listing At: NSE SME
D P Wires IPO Subscription Status tells if D P Wires IPO subscribed or not. Investors can bid for IPO shares between 10 AM to 5 PM when public issue is open. D P Wires IPO oversubscribed if bids are received for more shares than what is offered by the company.
|Number of Bids Received|
|As on Date & Time||QIB||NII||RII||Total|
|Shares Offered / Reserved|
|Day 1 - Sep 21, 2017 17:00 IST||182,400||700,800||46,400||929,600|
|Day 2 - Sep 22, 2017 17:00 IST||182,400||867,200||185,600||1,235,200|
|Day 3 - Sep 25, 2017 17:00 IST||182,400||3,595,200||409,600||4,187,200|
|Day 4 - Sep 26, 2017 17:00 IST||182,400||4,161,600||1,211,200||5,555,200|
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