|
Category :
IPO
Headline :
DCG Cables & Wires announces launch of initial public offering
Date:
03/04/2024 13:30
DCG Cables & Wires Ltd. has announced public offering of 4999200 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 90.00 per share. The gross proceeds of the issue are expected to be Rs 4,999.20 lakhs.
The company's initial public offer (IPO) will open on 08 April 2024 and is expected to close on 10 April 2024, subject to customary closing conditions.
The IPO includes a fresh Issue of 4999200 Equity Shares of the Company at an price of Rs 100.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1200 shares with bids in multiples of 1200.
DCG Cables & Wires Ltd. anticipates using the proceeds of the issue for .
Interactive Financial Services Ltd. as lead manager & Bigshare Services Private Limited. is the registrar, to the issue.
|