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D P Wires Limited IPO (D P Wires IPO) Detail

Sep 21, 2017 - Sep 26, 2017

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.

Company Promoters:

Mr. Praveen Kataria, Mr. Hemant Kataria and Mrs. Asha Devi Kataria

Objects of the Issue:

The objects of the Issue are:
1. To meet the working capital requirements;
2. General Corporate Purposes;
3. Issue Expenses.

Issue Detail:

  »»  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 Reviews:

  1. D P Wires Limited IPO review by Dilip Davda

Issue Subscription Detail / Current Bidding Status

Number of Bids Received
As on Date & TimeQIBNIIRIITotal
Shares Offered / Reserved
Day 1 - Sep 21, 2017 17:00 IST18240070080046400929600
Day 2 - Sep 22, 2017 17:00 IST1824008672001856001235200
Day 3 - Sep 25, 2017 17:00 IST18240035952004096004187200
Day 4 - Sep 26, 2017 17:00 IST182400416160012112005555200

D P Wires IPO Prospectus

D P Wires IPO Rating

77
3.5
Rating:Rated 3.5 stars

Vote Here ...

D P Wires IPO News Alerts

  1. Tuesday, September 26, 2017 12:00:00 AM
    D P Wires Limited IPO - Close
  2. Thursday, September 21, 2017 12:00:00 AM
    D P Wires Limited IPO - Open

Company Contact Information

D P Wires Limited
16-18A, Industrial Estate,
Ratlam 457001

Phone: +91-7412-261130
Fax:
Email: info@dpkataria.in
Website: http://www.dpwires.co.in

D P Wires IPO Registrar

Bigshare Services Pvt. Ltd   »  Report
   Bigshare Services Pvt Ltd E-2 & 3,
   Ansa Industrial Estate, Saki-Vihar Road,
   Sakinaka, Andheri(E), Mumbai - 400 072

Phone: 91-22-40430200
Fax: 91-22-2847 5207
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

D P Wires IPO Lead Manager(s)

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D P Wires IPO Review / Comments

avatar
12. SIBU  Sep 26, 2017 10:09:13 PM IST I Like It. | Report Abuse Reply
Dp wires v/s cadsys which is better forlisting gain ???
avatar
12.1. Umang & his ultrasonic uproar  Sep 26, 2017 10:29:46 PM IST I Like It. | Report Abuse
Both are closed, why are u asking this question now??
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11. Subbiah Ramanathan  Sep 26, 2017 9:11:08 PM IST I Like It. | Report Abuse Reply
strong fundamentals & consistent good results, will list at a reasonably good premium. ALLOTMENT CONFIRMED FOR ALL IN RETAIL CATEGORY. only such issues, where there is not much of a crowd, does well in listing.
avatar
10. STOCKT  Sep 26, 2017 7:57:52 PM IST I Like It. | Report Abuse Reply
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
I have applied this one. Good fundamentals and cheapest among its peer. Hold for long term gain. Clients are big so would reward long term investors
avatar
9. coolaks  Sep 26, 2017 12:22:20 PM IST I Like It. | Report Abuse Reply
Should we appli in this sme ipo.Subcribtion is very less. Only 1.25 subscribed. Should we apply. Not much subcribtion. in HNI,QIB and corporate
avatar
8. NPP  Sep 26, 2017 11:08:35 AM IST I Like It. | Report Abuse Reply
Don;t think ----- Avoid , or Loose your Money .
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7. rvr  Sep 21, 2017 3:53:20 PM IST I Like It. | Report Abuse Reply
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
why QIB interested in this SME...seems heavy subcription
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7.1. Dev Chaudhary  Sep 21, 2017 9:21:06 PM IST I Like It. | Report Abuse
very strong fundamentals like worth peripheral
Going to subscribe huge
avatar
6. snp  Sep 21, 2017 5:23:35 PM IST I Like It. | Report Abuse Reply
As on 21-Sep-2017 17:15:00 IST
Cumulative Demand (no. of shares in lakhs)      
Bid Price (Rs.)
Note: Cumulative (NSE) bid quantity at each price point includes the quantity (NSE) bidded at that relevant price point and all valid bids above that price point.

Total Issue Size      3584000
Total Bids Received      929600
Total Bids Received at Cut-off Price      -
No. of times issue is subscribed      0.26
avatar
5. nitindeals  Sep 21, 2017 1:40:08 PM IST I Like It. 1 | Report Abuse Reply
Dear eminent members - I am interested in this IPO as client list looks impressive but have few observations, please could some one look into this and provide inputs ?
1. Litigation for taxes of around 2 crore rs. against companies.
2. Tax litigation against promoter groups ?
Are these corp governance issues ?
3. Continuous dilution of equities for last 5 years - from balance sheet
4. Net cash flow was negative for 2 years in last 5 years
5. Debt to Equity is slightly greater than 1
6. Debt burden ratio is very high , my calculation says 94 ??


avatar
4. Analysis Ipo  Sep 19, 2017 9:11:19 PM IST I Like It. | Report Abuse Reply
Please Bataye... Kis Bank k Asba s 2 lakh s Above amount ki bid IPO m lagayi Ja sakti hai.
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3. beingshreyas  Sep 18, 2017 7:35:17 PM IST I Like It. | Report Abuse Reply
Is this ipo worth subscribe? last few sme opened with discount
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2. PIERRE  Sep 18, 2017 11:23:50 AM IST I Like It. | Report Abuse Reply
In the performance of DP Wires you have written as follows.
"On performance front, SKML has posted turnover/net profits of Rs. 93.62 cr. / Rs. 1.25 cr. (FY14), Rs. 139.13 cr. / Rs. 1.67 cr. (FY15), Rs. 160.06 cr. / Rs. 2.19 cr. (FY16) and Rs. 196.83 cr. / Rs. 5.00 cr. (FY17)."
Its an inadvertant slip I presume. Please correct it.
Regards,
Parvez
avatar
1. SAMIM AL RASHID  Sep 17, 2017 3:01:11 PM IST I Like It. 1 | Report Abuse Reply
Can I Apply in this SME !! Need A complete Review.
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