Incorporated in 2007, Dynamic Cables Limited is Jaipur, Rajasthan based manufacturer of Cables and Conductors. Company manufacture Low Voltage and High Voltage Power Cables, Aerial Bunched Cables, All Aluminium Conductor, All Aluminium Alloy Conductor, Aluminium conductor steel reinforced Conductors and Service Drop Cables used for transmission and distribution of Electricity.
Dynamic Cables has three manufacturing units located in Jaipur. Company Design, Development, Manufacture, Testing and Supply the Cables.
The products by the company are used in Industrial, Exports, Turnkey projects, Power Distribution Companies; Infrastructure works etc. in India and abroad. Dynamic Cables exports its products to countries including Kenya, Tanzania, TOGO, Nigeria, Benin, Uganda, Rwanda, NEPAL, Mauritius, Afghanistan, Jordan, Dubai etc.
Mr. Rahul Mangal and Mr. Ashish Mangal are the promoters of the Company.
Company intend to utilize the proceeds of the Issue to meet the following objects:
1. To Meet Working Capital requirements.
2. To Meet General Corporate Expenses
3. To Meet Issue Expenses
IPO Opening Date | Dec 4, 2017 |
IPO Closing Date | Dec 6, 2017 |
Issue Type | Fixed Price Issue IPO |
Face Value | ₹10 per equity share |
IPO Price | ₹40 per equity share |
Market Lot | 3000 Shares |
Min Order Quantity | 3000 Shares |
Listing At | BSE SME |
Issue Size | 5,844,000 Eq Shares of ₹10 (aggregating up to ₹23.38 Cr) |
The Dynamic Cables IPO market lot size is 3000 shares. A retail-individual investor can apply for up to 1 lots (3000 shares or ₹120,000).
Application | Lots | Shares | Amount (Cut-off) |
---|---|---|---|
Minimum | 1 | 3000 | ₹120,000 |
Maximum | 1 | 3000 | ₹120,000 |
The Dynamic Cables IPO is subscribed times on Dec 6, 2017 17:00. The public issue subscribed in the retail category, in the QIB category, and in the NII category. Check Day by Day Subscription Details (Live Status)
Category | IPO Subscription |
---|---|
NII | |
RII | |
Total |
Listing Date | Thursday, December 14, 2017 |
BSE Script Code | 540795 |
NSE Symbol | |
Listing In | M |
ISIN | INE600Y01019 |
IPO Price | ₹40 per equity share |
Face Value | ₹10 per equity share |
|
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Dynamic Cables Limited
F-260, Road No. 13 VKI Area,
Jaipur 302013
Phone: +91 141-2332388
Email: info@dynamiccables.co.in
Website: http://www.dynamiccables.co.in/
Bigshare Services Pvt Ltd
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis,Makwana Road,
Marol, Andheri(E), Mumbai - 400 059
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
Lead Manager Reports
Dynamic Cables IPO is a SME IPO of 5,844,000 equity shares of the face value of ₹10 aggregating up to ₹23.38 Crores. The issue is priced at ₹40 per equity share. The minimum order quantity is 3000 Shares.
The IPO opens on Dec 4, 2017, and closes on Dec 6, 2017.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
The Dynamic Cables IPO opens on Dec 4, 2017 and closes on Dec 6, 2017.
Dynamic Cables IPO lot size is 3000 Shares and the minimum order quantity is 3000 Shares.
You can apply in Dynamic Cables IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Dynamic Cables IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Dynamic Cables IPO allotment status.
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