Dynamic Cables Limited IPO

Add to Calendar 2017-12-04 12:00 AM 2017-12-06 12:00 AM Asia/Kolkata Dynamic Cables Limited IPO Dynamic Cables Limited IPO India


Dynamic Cables Limited is a cables and conductors manufacturing company based in Jaipur. The company has three manufacturing plants in Jaipur.


Date of establishment: Dynamic Cables was established in 2007.  


Product & Service Offering: Dynamic Cables manufactures low voltage and high voltage power cables, All Aluminium Conductor, aerial bunched cables, service drop cables, all aluminium alloy conductor and aluminium conductor steel reinforced conductors.


Promoters of Dynamic Cables Ltd.: The promoters of the firm are Mr. Rahul Mangal and Mr. Ashish Mangal.


Customer segment: The company offers its products to clients in sectors such as industrial, exports, power distribution, turnkey projects etc.


Objects of the Issue:


The objects of the issue are:
-      Working capital requirements
-      General corporate purposes
-      Issue related expenses 


Company FInancials:



For the year/period ended (in Rs. Lakhs)







Total Assets






Total Revenue






Profit After Tax (PAT)







Issue Detail

  • Issue Open: Dec 04, 2017
  • Issue Close: Dec 06, 2017
  • Issue Type: Fixed Price Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 40 Per Equity Share
  • Bid Lot:3000 Shares
  • Minimum Order Quantity:3000 Shares
  • Listing At: BSE SME
  • Issue Size: • Rs 23.38 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Shares Offered / Reserved 0 2,922,000 2,922,000 - - 5,844,000
Day 1 - Dec 04, 2017IST - 3,234,000 1,725,000 - - 4,959,000
Day 2 - Dec 05, 2017IST - 8,322,000 10,212,000 - - 18,534,000
Day 3 - Dec 06, 2017IST - 335,538,000 72,747,000 - - 408,285,000

Listing Day Trading Information

Issue Price Rs 40.00 -
Open Rs 48.00 -
Low Rs 48.00 -
High Rs 48.00 -
Last Trade Rs 48.00 -
Volume 348,000 -

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