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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.
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
| Dynamic Cables IPO Date | Dec 4, 2017 to Dec 6, 2017 |
| Dynamic Cables IPO Face Value | ₹10 per share |
| Dynamic Cables IPO Price | ₹40 per share |
| Dynamic Cables IPO Lot Size | 3000 Shares |
| Issue Size | 5,844,000 shares of ₹10 (aggregating up to ₹23.38 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Company Promoters | Mr. Rahul Mangal and Mr. Ashish Mangal are the promoters of the Company. |
The Dynamic Cables IPO 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 |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹120,000 |
| Retail (Max) | 1 | 3000 | ₹120,000 |
Investment may be considered for medium to long term (Subscribe). Read detail review...
The Dynamic Cables IPO is subscribed times on Dec 6, 2017 5:00:00 PM. The public issue subscribed times in the retail category, times in the QIB category, and times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| NII | |
| Retail | |
| Total |
| Listing Date | Thursday, December 14, 2017 |
| BSE Script Code | 540795 |
| NSE Symbol | |
| Listing In | M Group of Securities |
| ISIN | INE600Y01019 |
| IPO Price | ₹40 per share |
| Face Value | ₹10 per 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
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com
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 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 .
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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