D P Wires Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,700,800 (47%) | — | ₹1,276 Cr |
| Retail | — | 1,700,800 (47%) | — | ₹1,276 Cr |
| Market Maker | — | 182,400 (5%) | — | ₹14 Cr |
| Σ Total | — | 3,584,000 (100%) | — | ₹26,880 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹120,000 |
| Retail (Max) | 13 | 20,800 | ₹1,560,000 |
| S-HNI (Min) | 14 | 22,400 | ₹1,680,000 |
| B-HNI (Min) | 67 | 107,200 | ₹8,040,000 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Working Capital Requirements – 20.78
- Working Capital Requirements – 5.50
- Issue Expenses – 5.50
Company Overview
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.