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DCG Cables IPO Ends Strongly with 15.83x Investor Demand!

DCG Cables & Wires IPO concludes with a 15.83 times subscription rate on its final day, showcasing significant investor interest and strong confidence in the company's potential.
DCG Cables IPO Ends Strongly with 15.83x Investor Demand!
DCG Cables IPO Ends Strongly with 15.83x Investor Demand!

DCG Cables & Wires Limited by the end of its third day, witnessed impressive demand, achieving a subscription rate of 15.83 times. This robust interest from investors signifies strong market confidence in the company’s future, concluding the IPO on a highly positive note.

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DCG Wires and Cables IPO subscription Status

DCG Wires and Cables IPO witnessed a moderate start on its second day of subscription, with a subscription rate of 3.94 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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