DCG Cables & Wires IPO vs K2 Infragen IPO

Comparision between DCG Cables & Wires IPO and K2 Infragen IPO.

IPO Details

DCG Cables & Wires IPO is a SME Book Built Issue IPO proposed to list at NSE SME while K2 Infragen IPO is a SME Book Built Issue proposed to list at NSE SME.

	DCG Cables & Wires IPO	K2 Infragen IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Fixed Price Issue	Book Built Issue
Listing At	NSE SME	NSE SME
Lead Managers	Interactive Financial Services Ltd	Expert Global Consultants Private Limited
Registrar	Bigshare Services Pvt Ltd	Kfin Technologies Limited
Market Maker	Nikunj Stock Brokers Limited	Rikhav Securities Limited
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor		Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of DCG Cables & Wires IPO is up to ₹49.99 Cr whereas the issue size of the K2 Infragen IPO is up to ₹40.54 Cr. The final issue price of DCG Cables & Wires IPO is ₹100.00 per share and of K2 Infragen IPO is ₹119.00 per share.

	DCG Cables & Wires IPO	K2 Infragen IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)		₹111.00 per share
Issue Price (Upper)		₹119.00 per share
Issue Price (Final)	₹100.00 per share	₹119.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size	1200 shares	1200 shares
Fresh Issue Size	49,99,200 shares	34,06,800 shares
Fresh Issue Size (Amount)	up to ₹49.99 Cr	up to ₹40.54 Cr
OFS Issue Size
OFS Issue Size (Amount)
Issue Size Total	49,99,200 shares	34,06,800 shares
Issue Size Total (Amount)	up to ₹49.99 Cr	up to ₹40.54 Cr

IPO Timetable

DCG Cables & Wires IPO opens on Apr 08, 2024, while K2 Infragen IPO opens on Mar 28, 2024. The closing date of DCG Cables & Wires IPO and K2 Infragen IPO is Apr 10, 2024, and Apr 03, 2024, respectively.

	DCG Cables & Wires IPO	K2 Infragen IPO
Anchor Bid Date		Mar 27, 2024
Issue Open	Apr 08, 2024	Mar 28, 2024
Issue Close	Apr 10, 2024	Apr 03, 2024
Basis Of Allotment (Tentative)	Apr 12, 2024	Apr 04, 2024
Initiation of Refunds (Tentative)	Apr 15, 2024	Apr 05, 2024
Credit of Share (Tentative)	Apr 15, 2024	Apr 05, 2024
Listing date (Tentative)	Apr 16, 2024	Apr 08, 2024
Anchor Lockin End date 1		May 04, 2024
Anchor Lockin End date 2		Jul 03, 2024

Financials

DCG Cables & Wires IPO P/E ratio is 76.34, as compared to K2 Infragen IPO P/E ratio of 9.68.

DCG Cables & Wires IPO

K2 Infragen IPO

Financial

DCG Cables & Wires Limited Financial Information (Restated Consolidated)

Period Ended	29 Feb 2024	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	6,152.13	3,564.12
Revenue	7,639.08	5,455.18
Profit After Tax	847.10	172.06	37.24	10.40
Net Worth	2,367.15	1,533.82	443.69	13.14
Reserves and Surplus	1,051.78	217.99
Total Borrowing	2,569.83	1,812.27	635.44	29.80
Amount in ₹ Lakhs

K2 Infragen Limited Financial Information (Restated Consolidated)

K2 Infragen Limited's revenue increased by 103.25% and profit after tax (PAT) rose by 463.79% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	6,378.79	5,690.40	2,591.14	2,220.52
Revenue	5,967.98	7,490.08	3,685.20	3,568.05
Profit After Tax	607.45	1,132.32	-311.26	22.49
Net Worth	2,535.32	1,392.45	133.84	115.49
Reserves and Surplus	1,611.24	1,165.10	-96.26	-46.56
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00%

55.29%

Promoter Shareholding (Post-Issue)

72.45%

40.36%

P/E Ratio

76.34

9.68

Market Cap

₹181.50 Cr.

₹150.16 Cr.

ROE

35.92%%

23.96%%

ROCE

59.10%%

19.91%%

Debt/Equity

1.09

0.87

EPS

₹1.31

₹12.29

RoNW

35.79%%

23.9%%

Shares Offered

In the DCG Cables & Wires IPO retail investors (RII) are offered 23,73,600 shares while in K2 Infragen IPO retail investors are offered 23,73,600 shares. Qualified institutional buyers (QIB) are offered 0 shares in DCG Cables & Wires IPO and 6,31,200 shares in K2 Infragen IPO.

	DCG Cables & Wires IPO	K2 Infragen IPO
Anchor Investor Reserveration		9,46,800 shares
Market Maker Reserveration	2,52,000 shares	2,49,600 shares
QIB	0 shares	6,31,200 shares
NII	23,73,600 shares	4,74,000 shares
RII	23,73,600 shares	11,05,200 shares
Employee	0 shares	0 shares
Others
Total	47,47,200 shares	22,10,400 shares

Bids Received (Subscription)

DCG Cables & Wires IPO subscribed 16.96x in total, whereas K2 Infragen IPO subscribed 51.47x.

	DCG Cables & Wires IPO	K2 Infragen IPO
QIB (times)		23.37x
NII (times)	11.53x	113.98x
Big NII (times)
Small NII (times)
RII (times)	21.70x	40.70x
Employee (times)
Other (times)
Total (times)	16.96x	51.47x

Compare with others

DCG Cables & Wires IPO	K2 Infragen IPO
Birdy's IPO	Finelistings Technologies IPO
Greenhitech Ventures IPO	Ramdevbaba Solvent IPO
Finelistings Technologies IPO	Teerth Gopicon IPO
Ramdevbaba Solvent IPO	DCG Cables & Wires IPO
Teerth Gopicon IPO	Creative Graphics Solutions India IPO
Creative Graphics Solutions India IPO	Aluwind Architectural IPO
K2 Infragen IPO	Jay Kailash Namkeen IPO
Aluwind Architectural IPO	Yash Optics & Lens IPO
Jay Kailash Namkeen IPO	GConnect Logitech IPO
Yash Optics & Lens IPO	TAC Infosec IPO

1 Comments

1. Mohanraj R

| Link|April 10, 2024 11:57:37 AMReply

Good to have fair/decent idea about the Co. But it's not enough to decide...