About the Company:
Company was incorporated as D P Wires Private Limited under the provisions of the Companies Act 1956 vide
certificate of incorporation dated February 26, 1998, issued by the Registrar of Companies, Mumbai.The registered office was shifted to Ratlam, Madhya Pradesh in 2012 to achieve operational efficiency.Company is engaged in manufacturing and supply of Steel wires, plastic pipes and plastic films which find its application in industries like oil & gas, power, environment, civil, energy, automobile, infrastructure etc.
Company’s manufacturing divisions are situated in a single premise at Industrial Estate, Ratlam. In the year 2001-02, they started commercial production of wire drawing of high carbon, low carbon & alloy steel polyethene and polyethene layflat tubing.In year 2003-04 they have started production of LRPC Strands used in bridges, flyovers etc
Company is also engaged in power generation through 2 wind farms of 0.80 MW each in village Okha-Madhi and Jodhpur in District Jamnagar. They have entered into PPA with Gujarat Urja Vikas Nigam Limited for sale of electricity generated through these wind farms for a period of 20 years.
Company’s Plastic Products are used in Lining of Canals, Landfills, Highway & Road Constructions, Ponds, Tanks, Water Reservoirs, Mining, and Solution Ponds and for corrosion Resistant on Steel tanks etc.
Company’s Wire Products find application in construction, bridges, oil & gas, automobile springs, sleepers of railway track, national highways and state electricity board.
Product diversification.
Company manufactures wide product range with diverse applications. It possesses large manufacturing facilities with the ability to address customer orders with shrinking turnaround time. The widest range of products enables them to cater to wide spectrum of applications across the industries.
Diversified Client base:
Company caters to needs of different users which includes government and private sectors. Among the government sector they have clients in central, state and local bodies.
Over the last 20 years they are continuously serving top companies like Hindalco Industries Ltd, Reliance Industries Ltd., APCO Infratech Ltd. and some of the leaders in the engineering and construction industry like Gannon Dunkerley & Co. Ltd., Larsen & Toubro Ltd., Navyuga Engg Co. Ltd., U.P. State Bridge Corporation Ltd., MM Auto Industries Ltd., Simplex Infrastructures Limited, Reliance Infrastructure Ltd, Vascon Engineers Ltd, Coventry Coit-O-Matic (Hr) Ltd., and many more.
Objectives of the Issue:
- General Corporate Purposes.
- Issue Expenses.
- Listing Benefits.
TOP 10 Shareholders:
| Sr.No. | Shareholder Name | Number of Equity Shares held | Percentage of Equity Share Capital % |
|---|---|---|---|
| 1. | Asha Devi Kataria | 59,31,532 | 59.41 |
| 2. | SAN Industries Pvt Ltd | 17,36,000 | 17.39 |
| 3. | Sapna Kataria | 5,93,120 | 5.94 |
| 4. | Pankaj Madanlal Kataria HUF | 5,90,480 | 5.91 |
| 5. | Rani Kataria | 5,84,588 | 5.86 |
| 6. | Samta Kataria | 5,48,040 | 5.49 |
| 7. | Hemant Kataria | 40 | Negligible |
| 8. | Praveen Kataria | 40 | Negligible |
| 9. | Praveen Kantilal Kataria HUF | 40 | Negligible |
| 10. | Hemant Kantilal Kataria HUF | 40 | Negligible |
| Total | 99,83,920 | 100% |
Management Team:
- Mr. Praveen Kataria (Designation: Managing Director)
- Mr. Hemant Kataria (Designation: Chief Financial Officer)
- Mr. Kantilal Kataria (Designation: Non-Executive Director)
Positives of the Company:
- Established and proven track record;
- Leveraging the experience of our Promoters;
- Experienced management team and a motivated and efficient work force;
- Wide range of products offered by us.
Also Watch the Video Review:
Financials of the Company:
| (in Crores) | FY 13 | FY 14 | FY 15 | FY 16 | FY 17 |
|---|---|---|---|---|---|
| Revenue | 97.82 | 93.61 | 139.13 | 160.05 | 196.83 |
| Net Profit | 1.44 | 1.24 | 1.67 | 2.18 | 4.99 |
IPO Details:
| Details | Info |
|---|---|
| Issue Opens on | 21st September 2017 |
| Isue Closes on:. | 26th September 2017 |
| Issue Price | Rs.75 |
| Face Value | Rs.10 |
| Minimum Lot | 1600 |
| Minimum Investment | Rs.1,20,000 |
| Issue Constitutes | 26.88% |
| Issue Size | Rs.26.88 cr |
| Market Cap | Rs.101.76 cr |
| Listing at | NSE SME |
| Equity Shares Offered | 35,84,000 |
| Equity Shares Prior | 99,84,000 |
| Equity Shares after the issue | 1,35,68,000 |
IPO Valuation parameters:
| Earnings Per Share (EPS) | Price To Earnings ratio (PE) | Return on Net Worth (RoNW) | Net Asset Value (NAV) |
|---|---|---|---|
| 5.03 | 14.91 | 18.04 | 27.88 |
Markets Guruji Opinion:
| IPO View | Apply For: | Expected listing Gain: |
|---|---|---|
| Subscribe | Long Term | 10% |
