DCG Cables & Wires Ltd. (DCWL) specializes in copper cable manufacturing, focusing on products for transformers. In FY24, net profit surged by 8x, while revenue saw a 1.5x increase. With a NAV of Rs. 17.94 on Feb 29, 2024, the issue is priced at a P/BV of 5.57, and post-IPO NAV at Rs. 40.54 per share, it's at 2.47 P/BV. No dividends have been declared since inception. DCWL operates solely in Gujarat, limiting its market reach. High competition from various players, organized and unorganized, poses challenges. Despite these, the company's high P/E valuation compared to peers signals potential. Strong FY24 results suggest an investment opportunity post-listing.