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Dynamic Cables IPO is a fixed price issue of Rs 23.38 crores.
Dynamic Cables IPO bidding started from December 4, 2017 and ended on December 6, 2017. The shares got listed on BSE SME on December 14, 2017.
Dynamic Cables IPO price is ₹40 per share. The minimum lot size for an application is 3000 Shares. The minimum amount of investment required by retail investors is ₹120,000.
Hem Securities Limited is the book running lead manager of the Dynamic Cables IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.
Refer to Dynamic Cables IPO RHP for detailed information.
| IPO Date | December 4, 2017 to December 6, 2017 |
| Listing Date | December 14, 2017 |
| Face Value | ₹10 per share |
| Price | ₹40 per share |
| Lot Size | 3000 Shares |
| Total Issue Size | 5,844,000 shares (aggregating up to ₹23.38 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 16,170,000 |
| Share holding post issue | 22,014,000 |
Dynamic Cables IPO offers 5,844,000 shares. 2,922,000 (50.00%) to NII, 2,922,000 (50.00%) to RII.
| Investor Category | Shares Offered | |
|---|---|---|
| Anchor Investor Shares Offered | - | |
| Market Maker Shares Offered | - | - |
| Other Shares Offered | 2,922,000 (50.00%) | |
| Retail Shares Offered | 2,922,000 (50.00%) | |
| Total Shares Offered | 5,844,000 (100%) |
Investors can bid for a minimum of 3000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹120,000 |
| Retail (Max) | 1 | 3000 | ₹120,000 |
| Lot Size Calculator | |||
Incorporated in 2007, Dynamic Cables Limited is Jaipur, Rajasthan based manufacturer of Cables and Conductors. Company manufacture Low Voltage and High Voltage Power Cables, Aerial Bunched Cables, All Aluminium Conductor, All Aluminium Alloy Conductor, Aluminium conductor steel reinforced Conductors and Service Drop Cables used for transmission and distribution of Electricity.
Dynamic Cables has three manufacturing units located in Jaipur. Company Design, Development, Manufacture, Testing and Supply the Cables.
The products by the company are used in Industrial, Exports, Turnkey projects, Power Distribution Companies; Infrastructure works etc. in India and abroad. Dynamic Cables exports its products to countries including Kenya, Tanzania, TOGO, Nigeria, Benin, Uganda, Rwanda, NEPAL, Mauritius, Afghanistan, Jordan, Dubai etc.
Company intend to utilize the proceeds of the Issue to meet the following objects:
1. To Meet Working Capital requirements.
2. To Meet General Corporate Expenses
3. To Meet Issue Expenses
[Dilip Davda] Investment may be considered for medium to long term (Subscribe). Read detail review...
The Dynamic Cables IPO is subscribed times on December 6, 2017 5:00:00 PM. The public issue subscribed times in the retail category, times in the QIB category, and times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| Other | |
| Retail | |
| Total |
| Listing Date | December 14, 2017 |
| BSE Script Code | 540795 |
| NSE Symbol | DYCL |
| ISIN | INE600Y01019 |
| Final Issue Price | ₹40 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE SME |
|---|
| ₹40.00 |
| ₹48.00 |
| ₹48.00 |
| ₹48.00 |
| ₹48.00 |
Dynamic Cables Limited
F-260, Road No. 13 VKI Area,
Jaipur 302013
Phone: +91 141-2332388
Email: info@dynamiccables.co.in
Website: http://www.dynamiccables.co.in/
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
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Check our SME IPO Guide 
Dynamic Cables IPO is a SME IPO of 5,844,000 equity shares of the face value of ₹10 aggregating up to ₹23.38 Crores. The issue is priced at ₹40 per share. The minimum order quantity is 3000 Shares.
The IPO opens on December 4, 2017, and closes on December 6, 2017.
Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
The Dynamic Cables IPO opens on December 4, 2017 and closes on December 6, 2017.
Dynamic Cables IPO lot size is 3000 Shares, and the minimum amount required is ₹120,000.
You can apply in Dynamic Cables IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Dynamic Cables IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Dynamic Cables IPO allotment status.
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