DCG Cables & Wires Share Price

DCG Cables Wires Limited was originally incorporated as DCG Copper Industries Private Limited as Private Limited Company dated September 29, 2017. Subsequently, name of the company has changed from DCG Copper Industries Private Limited to DCG Cables Wires Private Limited vide Fresh Certificate of Incorporation dated August 10, 2023. Further, the Company was converted in to a public limited Company pursuant to a special resolution passed by our shareholders at the EGM held on August 11, 2023 and consequently the name of the Company was changed to DCG Cables Wires Limited and a fresh certificate of incorporation was issued by the Registrar of Companies, Ahmedabad dated August 24, 2023. The Company is a manufacturer of copper cables and wires. Our primarily focus is on manufacturing of different types of copper cables which finds application in Transformers. The product portfolio consists of Copper Strips, Paper Covered Copper Strips and Wires (Kraft/Crepe/Nomex/Mica) Bare Copper Wires and Strips, Copper Tapes and Fiber Glass Copper.The company has 2 manufacturing units at Odhav and Bavla in the district of Ahmedabad.For added durability, Company offer fiber glass covered copper strips and wires. Additionally, copper submersible wires and strips are perfect for submersible applications. We also supply twin and triple bunched papercovered copper strips and bunch conductors. Having a combined installed capacity of 5,868 MT for manufacturing bare Copper wire Strips, 1,404 MT for Paper Covered Copper Strips wire, 1,512 MT for Cable Wires, 5,760 MT for Copper Rods, 10,080 MT for Copper Flats, 972 MT for Submersible Wires and 540 MT for Fiber Glass Covered Copper StripsOn 30 March 2024, Company issued and allotted 49,99,200 equity shares of Rs 10 each and launched the IPO by raising Rs 50 crores through fresh issue.