D P Wires Limited IPO is about to debut on 21 September 2017, with an issue size of 26.88CR. D P Wires Ltd, a company established in 1998, is a reputable manufacturer and supplier of various products such as steel wires, plastic pipes, and plastic films. These products have extensive applications across a wide range of industries such as oil & gas, power, environment, civil, energy, automobile, and infrastructure.
The company’s state-of-the-art manufacturing facilities are situated in Ratlam, Madhya Pradesh, and cater to the production of wires and plastic products. D P Wires’ plastic products are commonly utilized in lining canals, landfills, highway and road constructions, ponds, tanks, water reservoirs, mining, and solution ponds. They also serve as corrosion-resistant agents for steel tanks. The wire products, on the other hand, are utilized in construction, bridges, oil & gas, automobile springs, sleepers for railway tracks, national highways, and state electricity boards.
Moreover, D P Wires has ventured into power generation by owning and operating two wind farms, each with a capacity of 0.80 MW, located in the villages of Okha-Madhi and Jodhpur in District Jamnagar.
Industry Overview
The company’s product portfolio includes high-quality steel wires for various applications such as automotive, construction, and engineering. DP Wires Ltd also offers a range of wire products like fencing wires, galvanized wires, and barbed wires. The company has a strong presence in the domestic market and exports its products to several countries.
The steel wire industry in India has been growing steadily due to increasing demand from various sectors like construction, automotive, and infrastructure. DP Wires Ltd has been able to capitalize on this growth by consistently delivering high-quality products and expanding its product range. The company has also invested in modernizing its manufacturing facilities and adopting advanced technologies to improve efficiency and quality. With a strong focus on customer satisfaction and innovation, DP Wires Ltd is poised to continue its growth trajectory in the steel wire industry.
D P Wires IPO Details
| IPO Date | Sep 21, 2017 to Sep 26, 2017 |
| Listing Date | Oct 5, 2017 |
| Face Value | ₹10 per share |
| Price | ₹75 per share |
| Lot Size | 1600 Shares |
| Total Issue Size | [.] shares(aggregating up to ₹26.88 Cr) |
| Fresh Issue | 3,584,000 shares(aggregating up to ₹[.] Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
Company Financials
| FY2013 | FY2014 | FY2015 | FY2016 | FY2017 | ||
| Total revenue | 97.8 | 93.6 | 139.1 | 160.0 | 196.8 | |
| Total expenses | 95.2 | 91.9 | 137.0 | 157.2 | 189.8 | |
| Profit after tax | 1.4 | 1.2 | 1.7 | 2.2 | 5.0 |
Objects of the Issue
The objects of the Issue are:
1. To meet the working capital requirements;
2. General Corporate Purposes;
3. Issue Expenses.
D P Wires IPO Prospectus
Company Contact Information
D P Wires Limited
16-18A, Industrial Estate,
Ratlam 457001
Phone: +91-7412-261130
Email: info@dpkataria.in
Website: http://www.dpwires.co.in
D P Wires IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
D P Wires IPO Lead Manager(s)
- Sarthi Capital Advisors Private Limited (Past IPO Performance)
