Dynamic Cables Limited is a cable and conductor manufacturing company based in Jaipur, Rajasthan. The company was established in 2007 and has since then been producing a range of power cables including low and high voltage power cables, aerial bunched cables, all aluminium conductor, all aluminium alloy conductor, aluminium conductor steel reinforced conductors and service drop cables. The cables manufactured by the company are used in various industries such as exports, turnkey projects, power distribution companies, infrastructure works and more, both in India and abroad.
The company has three manufacturing units located in Jaipur and is involved in the design, development, manufacture, testing and supply of cables. Company exports its products to numerous countries such as Kenya, Tanzania, Togo, Nigeria, Benin, Uganda, Rwanda, Nepal, Mauritius, Afghanistan, Jordan and Dubai, among others. With a focus on quality, innovation and customer satisfaction, Dynamic Cables Limited has established itself as a leading player in the cable and conductor industry.
Dynamic Cables IPO Details
| IPO Date | Dec 4, 2017 to Dec 6, 2017 |
| Listing Date | Dec 14, 2017 |
| Face Value | ₹10 per share |
| Price | ₹40 per share |
| Lot Size | 3000 Shares |
| Total Issue Size | 5,844,000 shares (aggregating up to ₹23.38 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
Company Financials
| Company standalone financial performance (in INR crore) | ||||||
| FY2013 | FY2014 | FY2015 | FY2016 | FY2017 | ||
| Total revenue | 177.4 | 199.2 | 262.1 | 269.8 | 302.1 | |
| Total expenses | 176.7 | 197.0 | 258.5 | 259.8 | 290.0 | |
| Profit after tax | 0.5 | 1.6 | 2.5 | 6.8 | 7.9 | |
Objects of the Issue
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 Prospectus
Company Contact Information
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/
Dynamic Cables IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
Dynamic Cables IPO Lead Manager(s)
- Hem Securities Limited (Past IPO Performance)
