D P Wires Limited
D P Wires Limited was incorporated on February 26th, 1998, as D P Wires Private Limited. They are manufacturers and suppliers of Steel wires, Plastic pipes and Plastic films. They supply these products to industries like oil & gas, power, environment, civil energy, automobile, infrastructure etc. Their manufacturing facility is located in an industrial estate in Ratlam.
They started producing wire drawing of high carbon, low carbon & alloy steel, polythene and polyhtene layflat tubing in 2001-2002. In 2003-2004 they started the production of LRPC strands used in bridges, flyovers etc.
D P Wires Limited is also engaged in power generation. They have two wind farms of 0.8 MW each. They have a 20 year power purchase agreement (PPA) with Gujarat Urja Vikas Nigam Limited for sale of electricity generated through these wind farms.
OBJECTS OF THE ISSUE:
- To meet working capital requirements
- General corporate purpose
- Issue expenses
PROMOTERS OF THE COMPANY:
► Mr. Praveen Kataria: Mr. Praveen Kataria, aged 43 Years, is the Promoter and Managing Director of the Company.
► Mr. Hemant Kataria: Mr. Hemant Kataria, aged 39 Years, is the Promoter, Whole Time Director and Chief Financial Officer of the Company.
► Mrs. Asha Devi Kataria: Mrs. Asha Devi Kataria aged 64 years is the Promoter of the Company. She has necessary experience in the field of administration.
FINANCIALS THE COMPANY:
Profit and Loss statement:
Cash flow statement:
Rate this IPO:
As on 22-Sep-2017 18:00:00 IST
|Total Issue Size||3584000|
|Total Bids Received||1235200|
|Total Bids Received at Cut-off Price||0|
|No. of times issue is subscribed||0.34|
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