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Doncaster IPO (DPC)

H
Jun 26, 2026 · 09:31

How is there not a single post or reference to the DPC IPO that went live yesterday?

**DPC is specialist manufacturer of complex precision cast components for aerospace engines and industrial gas turbines, supporting leading OEM programs.**

It’s literally space and data centers. That’s all you autists talk about day in and day out.

**DPC riced its IPO at $33.00 a share – $1.00 above the top of its range – and upsized the IPO at pricing to 27.86 million shares – up from 23.33 million shares in the prospectus – to raise $919.38 million on Wednesday night,** At the top of the proposed price range, Doncasters would be valued at over $4.4 billion.

The company reported revenue of $837 million for 2025, with a net loss of $173 million and adjusted EBITDA of $138 million. Doncasters operates 14 manufacturing facilities worldwide and employs 3,000 people.

Almost $1B in revenue on a market cap of $4.4B. What am I missing? Their revenue is growing at 26% YOY.

Founded in 1778 by Daniel Doncaster in Sheffield, UK, the company manufactures high-precision alloy components for demanding conditions. Doncasters serves original equipment manufacturers in the aerospace, industrial gas turbine, and specialist mobility markets.

Doncasters works with aerospace and industrial gas turbine manufacturers including GE Aerospace, Honeywell, Pratt & Whitney, Rolls-Royce, Safran, Ansaldo Energia, Doosan, GE Vernova, and Siemens Energy.

Seriously, what am I missing? How is this not a full port?