DCG Cables & Wires Limited IPO Message Board (Page 3)

gmp kya chal raha he?

I've both the options at my disposal but use the UPI one only. UPI id is in the name of guardian account only.

Corporate governance is clearly lacking as visible by delay in filing RoC returns, failure to get PF, ESIC registration. Less experienced promoter group is at the helm and hence reach of company is visible in particular regions only. Company has loans that are having interest rates upto 25%, probably because of being unsecure and there are host of such loans. LM and MM both have poor track record and without QIB, managing the selling pressure of big size will be difficult.

The capacity utilisation % calculation is messed up. Either the numbers are wrong or the efficient use by the company shown is just indigestible. Actual utilisation shown for 11 months of FY 24 ranges between 2-8% compared to total installed capacity, but still they are expanding further and transferring all capacity to one central location. Hints about diversified customer base to avoid payment issues is heard but from RHP Top 10 customers are catering to more than half of sales, which is contradictory in itself.

From trading biz. to setting up of own and backward integrating, all is visible from previous FY and in current FY which suggests the product is in demand and will continue to be so until there is demand for power and transformers. Currently sectoral bound in Gujarat, from there they are directly hinting at scope of exports which has higher margins. Copper price increase, although a raw material commodity benefits them as rates charged from customers is based on average prices prevailing of the raw material in that month, so that adds up in PAT margin. Short operating cycle is visible from positive operating cash flows. On reasonable terms P/E as per FY 25 should be around 15, if current trajectory is maintained and capacity utilisation is increased. Comparatively peers trade near 21 on average giving DCG almost 50% scope for price appreciation, all things remaining equal.

Fake buyers rate @ 18
Actually no buyer

​@M Gupta Any activity or is everything at halt for this?

Mera 2 Bank Accounts Hai, Ussme Se Ek DEMAT + Trading Ke Saath Linked Hai.
Ipo Application Ka UPI Payment Agar Unlinked Bank Account Se Karo Toh Application Valid Hoga Keya?

Any Member Did Such Way And Got Allotted Too?

Kindly Answer.

Valid
Got many

Thanks @Paymzia

I have Two Children

Mere account Sai upi karike apply kar salta hu

Please batao nd which category is good
Hni or retail

​@MVP Sir, it might have been Aadhar Based UPI registration. Am i correct in assuming that? I guess not all banks allow it.

yes, you are right. Aadhar based.

I applies in blue pebbllee ipo hni 5 cr money still blocked
In sbi
Please tell how to complain
Help me
My big amount stuck I want to use in coming ipo.

Any call center number to unblock
Do I need to visit branch
Help seinor member

raise your complain in SCORE website of SEBI.
raise two complains, one against the company, another against the registrar.

Parallelly you may try with other suggestions like follow up SBI, submit a written application in branch, get an acknowledgement copy.

Also raise a complain in RBI Banking Ombudsman based on SBI response

​@Rula Singh Rula singh apna ne rula dya ...Rush to your bank tell them unblock these money...fast they really help you

Minor ka demat account HDFC bank ke sath hai and demat Prostocks ke sath hai, to IPO kya net banking se bhar sakte hai ya koi dusra method hai, expert log thoda guide kijiye

Mr. Rajeshwar,

I have the similar situation too, i can only apply through Bank ASBA for the minor.
But how to do it by UPI?
As During UPI registration Debit card details are accepted when gurdian bank a/c is me.
Now, will this be valid if i use gurdian's HDFC bank A/c UPI id payment for minor's IPO application?

Mr. Rajeshwar ...your reply please.

LM track record is Sad. On top of it, The size of it without QIB and anchor does not instill any confidence. Not much action happening on the GMP front too in Rajkot Ahmedabad (HOS ). @KAPPO bhai please share your inputs on the GMP front and HOS on both DCG and Teerth.
Also @lokes  @Chem cho @Trueinfo @MAMU @B.M.SURANA @Monster Zero  Do share your inputs on DCG and Teerth.

I think people are applying for two lots application HNI...Otherwise people always apply 10/10/10/10/10 lots

​@Gopal lucky boy People don't have sufficient money to burn here😁😁😁 when you see danger at pole(440 volt current), you still want to touch. Your end is inevitable. Nobody can save you except god.

10% listing gain possible.

me avoid this ipo.....

Stay Away from Parmar

Use Less Fellow from Rahjot
I am In One common Group he without permission add In this Community and Spam Few Ipos constantly for his interest.

Avoid
sp

Avoid
Sp

LM's track record is not at all encouraging.

good ipo to invest

Kaya good he ???

Avoid one