Ongoing SME IPO_ Dynamic Cables Limited

SME IPO : Dynamic Cables Limited

Issue Detailes:

Issue Opens 4-Dec-17
Issue Closes 6-Dec-17
Issue Price 40
Lot Size 3000
Issue Size 23.376 Cr
Lead Manager Hem Securities Limited
Registrar Bigshare Services Pvt Ltd
Platform BSE SME

Registered Office:

F-260, Road No. 13 VKI Area, Jaipur, Rajasthan 302013 India

Promoters:

  1. MR. RAHUL MANGAL
  2. MR. ASHISH MANGAL

Profile of the Company:

Our Company, Dynamic Cables Private Limited was incorporated in April 03, 2007 by conversion of partnership firm “M/s Ashish Fluxes and Chemicals with its branch M/s Dynamic Engineer” under part IX of Companies Act, 1956. Pursuant to the conversion from private limited company to public limited company, our name was changed to “Dynamic Cables Limited” vide fresh certificate of incorporation dated August 22, 2017 received from the Registrar of Companies, Rajasthan, Jaipur. We are engaged in manufacturing of Cables and Conductors which widely include manufacturing of Low Voltage and HighVoltage Power Cables, Aerial Bunched Cables, All Aluminium Conductor (A.A.C.), All Aluminium Alloy Conductor (A.A.A.C.), Aluminium conductor steel reinforced (A.C.S.R.) Conductors and Service Drop Cables used for transmission and distribution of Electricity. Our manufacturing facilities are distributed in three units located in Jaipur, Rajasthan, with following scope of activities,
viz:
 Unit I – located at: F-259 & F-260, Road No. 13 VKI Area Jaipur 302013, Rajasthan, India
 Unit II – located at: B-308, Road No. 16, VKI Area, Jaipur 302013, Rajasthan
 Unit III – located at: H-581-A to H-592-A & H1 -601 (B), Road No. 6, VKI Area, Jaipur 302013, Rajasthan

Objects Of the Company:

  1. To Meet Working Capital requirements
  2. To Meet General Corporate Expenses
  3. To Meet Issue Expenses

Financials:

30-06-2017 16-17 15-16 14-15 13-14 12-13
total Assets 21259.27 17594.11 16146.08 13318.98 10269.43 9380.19
tottal reveue 8884.96 30214.63 26979.93 26211.82 19916.98 17736.48
PAT 204.84 792.04 679.71 253.75 157.08 52.03
DEBT 8059.15 5306.02 6605.31 2988.64 2192.88 2071.49

 

EPS : 5.11

P/E : 7.83

RoNW : 19.18%

NAV/share : 29.37