DP Wires Ltd IPO.

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:

  1. Mr. Praveen Kataria (Designation: Managing Director)
  2. Mr. Hemant Kataria (Designation: Chief Financial Officer)
  3. 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.

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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%