DCG Cables & Wires IPO Sees Steady Day One Subscription, with 1.50X Subscription

DCG Cables & Wires IPO sees a modest day one subscription at 1.50 times, suggesting steady investor interest, paving the way for potential growth in the following days.
DCG Cables & Wires IPO Sees Steady Day One Subscription, with 1.50X Subscription

DCG Cables & Wires Limited IPO  witnessed a moderate start on its first day of subscription, with a subscription rate of 1.50 times. While not reaching overwhelming levels, this initial response indicates decent investor interest, setting the stage for potential growth in subscription in the coming days.

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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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