Business Standard

D P Wires Ltd - IPO

Issue Type

Fixed Price - SME

Issue Size (₹ Cr.)

26.88 cr

Price Range (₹)

75

Lot Size

1600

Min Investment (₹)

1,20,000.00

Listing Exchange

NSE - SME

Open Date

21-Sept-2017

Close Date

26-Sept-2017

Listing Date

05-Oct-2017

D P Wires Ltd News

    The Shares of D P Wires Ltd have now been listed.

    D P Wires Ltd IPO Details

    Public issue of 35,84,000 equity shares of face value of Rs. 10/- each fully paid up of D P Wires Limited (DPWL or The Company or The Issuer) for cash at a price of Rs. 75/- per equity share (The Issue Price) (including a share premium of Rs. 65/- per equity share aggregating Rs. 26.88 crores (The Issue) by the company, of which 1,82,400 equity shares of Rs. 10/- each fully paid up will be reserved for subscription by market maker to the issue (market maker reservation portion). The issue less the market maker reservation portion i.e. Issue of 34,01,600 equity shares of Rs. 10/- each fully paid up is hereinafter referred to as the net issue. The issue and the net issue will constitute 26.42% and 25.07% respectively of the post issue paid up equity share capital of the company.The Face value of the equity shares is Rs. 10/- each. The Issue price is Rs. 75/-. The Issue price is 7.5 times the face value.

    Objective of issue

    Working capital requirements. General corporate purposes.

    D P Wires Ltd Contact Details

    D P Wires Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

    Phone - 91-22-62638200

    Fax - 91-22-63638299

    Email - investors@dpwires.co.in

    Website - www.dpwires.co.in