The Dynamic Cables IPO date has been confirmed to have started on December 4, 2017 and ended on December 6, 2017. Read the post to learn about Dynamic Cables IPO GMP.
Using an IPO, Dynamic Cables is seeking to raise Rs 23.38 crores. Its 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.
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Key Details Of Dynamic Cables IPO:
Bidding Dates
Dec 4-6
Price Range
₹40 per share
Face Value
₹10 per share
GMP
₹425.90
Dynamic Cables IPO GMP
The Dynamic Cables Limited IPO GMP is ₹425.90.
IPO Overview
Dynamic Cables’ initial public offering (IPO) has a set price of Rs 23.38 crores. Bidding for Dynamic Cables’ initial public offering (IPO) began on December 4, 2017 and closed on December 6, 2017. Dynamic Cables Limited IPO GMP Today is ₹425.90. On December 14, 2017, the shares were listed on the BSE SME. The IPO price for Dynamic Cables is $40 per share. A lot size of 3000 shares is required for an application. Retail investors must make a minimum investment of $120,000 to participate.
The company has many industries, export market, turnkey projects, distribution companies, infrastructure works, and various applications around India and till abroad. Dynamic Cables has presence/sells its goods in Kenya, Tanzania, Nepal, Mauritius, Afghanistan, Jordan and Dubai etc besides that.
Dynamic Cables IPO Details
| 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 |
Dynamic Cables IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3000 | ₹120,000 |
| Retail (Max) | 1 | 3000 | ₹120,000 |
Dynamic Cables IPO Listing Details
| Listing Date | December 14, 2017 |
| BSE Script Code | 540795 |
| NSE Symbol | DYCL |
| ISIN | INE600Y01019 |
| Final Issue Price | ₹40 per share |
Company Profile
Dynamic Cables Limited, Founded in the year 2007 and have its registered office situated in Jaipur, Rajasthan. A manufacturing company of Low Voltage and High Voltage Cables, Aerial Bunched Cables, All Aluminium Conductors, All Aluminium Alloy Conductors, Aluminium Conductor Steel Reinforced Conductors to Service Drop Cables used in energy transmission and distribution. Besides having three factories in Jaipur, Dynamic Cables is situated there. One of the main fatures of company is to generate, create, build, attest and provide wires.
Registrar Info
| Name | Bigshare Services Pvt Ltd |
| Phone number | +91-22-6263 8200 |
| Email ID | [email protected] |
| Website | ipo.bigshareonline.com |
Contact Details
| Name | Dynamic Cables Limited |
| Phone number | +91 141-2332388 |
| Email ID | [email protected] |
| Website | dynamiccables.co.in |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Dynamic Cables IPO FAQs
When Dynamic Cables IPO will open?
The Dynamic Cables IPO opens on December 4, 2017 and closes on December 6, 2017.
What is the lot size of Dynamic Cables IPO?
Dynamic Cables IPO lot size is 3000 Shares, and the minimum amount required is ₹120,000.
When is Dynamic Cables IPO listing date?
The Dynamic Cables IPO listing date is on December 14, 2017.
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