DCG Cables IPO Soars with 3.94x Subscription on Day Two” 

DCG Cables & Wires Limited's IPO reaches 3.94x subscription on day two, reflecting significant investor interest and optimism for the company's future as the offering period progresses.
DCG Cables IPO Soars with 3.94x Subscription on Day Two" 

DCG Cables & Wires Limited on its second day,  garnered significant interest, achieving a subscription rate of 3.94 times. This strong investor response underscores confidence in the company’s prospects and sets a hopeful stage for the IPO’s remaining period.

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DCG Wires and Cables IPO subscription Status

DCG Wires and Cables IPO witnessed a moderate start on its first day of subscription, with a subscription rate of 1.50 times.

How To Check DCG Cables & Wires Limited IPO Subscription Status? 

Steps to check the IPO subscription status on NSE

Following are the steps to check it through the NSE website

  • Visit NSE‘s official website.
  • Navigate to the ‘Market Data’ tab.
  • Choose ‘IPO’.
  • Select the DCG Cables & Wires Limited IPO to check its subscription status.
  • Opt for either NSE Bid details or Consolidated Bid details.
  • Explore the total number of bids received from various investors. 

DCG Cables & Wires Limited IPO Allotment Status

The allotment date for the DCG Cables & Wires Limited IPO is set for April 12, 2024 with shares priced at a range of ₹100  per share and a face value of ₹10. The offering consists of lots of 1200 shares, with bids accepted for these lots or their multiples.

DCG Cables & Wires Limited IPO Listing Date 

DCG Cables & Wires Limited IPO is expected to be listed on the NSE SME on April 16, 2024.

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