DPC Holdings Ltd

424B4 priced

Price $33.00 · 27,858,585 shares · Gross proceeds $919,333,305

EFFECT effective

8-A12B effective

CERT inactive

S-1/A amended

Range $28.00 to $32.00 · 23,333,333 shares

DPC Holdings Ltd's S-1/A filing highlights financial performance for 2025, showing a 12% revenue increase to $837 million driven by Aerospace and IGT segments, partially offset by a 2% decline in Transportation. Gross profit rose 37% to $193 million due to higher revenue growth (12%) outpacing cost increases (6%). Selling, general, and administrative expenses surged 80% to $198 million, primarily from management incentives and IPO preparation costs. Interest expense increased 9% to $222 million due to the Shareholder PIK Loan, though Term Loan and ABL interest decreased. Net loss improved by $20 million to $173 million, with segment-adjusted EBITDA showing mixed performance across Engine Products (Europe/North America) and Turbo Wheels.

FWP supplemental

Price $30.00

The current FWP for DPC Holdings Ltd updates the previous S-1/A filing to include details about the Qatar Investment Authority's (QIA) private placement of $75 million in ordinary shares at the IPO price. The filing highlights pro forma financial metrics, including a net tangible book value of $266 million post-offering, and outlines risks related to the QIA Private Placement's completion. It also notes the expected role of underwriters as placement agents and potential dilution effects for investors.

S-1/A amended

DPC Holdings Ltd filed an S-1/A amendment to its initial registration statement, disclosing plans to rebrand from a Jersey private company to a Jersey public limited company (DPC Holdings PLC) prior to the IPO. The filing includes detailed underwriting agreements, legal opinions, and exhibits, with specific focus on indemnification provisions, officer compensation, and corporate governance. Key financial and operational details are outlined, including the proposed use of proceeds and risk factors related to the offering.

S-1/A amended

Price $28.00 · Range $28.00 to $32.00 · 23,333,333 shares

DPC Holdings Ltd's S-1/A filing details financial performance for 2025, showing revenue growth of 12% to $837 million driven by Aerospace (9% growth) and IGT (25% growth), partially offset by a 2% decline in Transportation. The company reported a net loss improvement of $20 million to $173 million, attributed to higher gross profit margins (23.1% in 2025 vs. 18.9% in 2024) and tax benefits. Key changes include a 85% reduction in the Shareholder PIK Loan balance to $148 million, segment performance variations, and a $5 million gain from remeasuring the Ivostud disposal group. The filing also highlights increased SG&A expenses (80% rise) and interest costs tied to debt modifications.

S-1 filed

DPC Holdings Ltd's S-1 filing highlights financial performance for 2025, showing increased net sales across Aerospace and IGT segments, partially offset by a decline in Transportation. Gross profit margin improved to 23.1% from 18.9%, driven by revenue growth outpacing cost increases. Selling, general, and administrative expenses rose 80% due to IPO-related costs and management incentives. Net loss improved by 10% to $173 million. Segment performance details show strong EBITDA growth in Engine Products segments, while Turbo Wheels faced revenue declines.

CONFIDENTIAL-S1 filed

Price $33.00 · Range $28.00 to $32.00 · 27,858,585 shares · Gross proceeds $919,300,000

DPC Holdings Limited, the Doncasters IPO vehicle, confidentially submitted a draft registration statement to the SEC in April 2026, publicly filed its S-1 in May, launched its NYSE IPO roadshow on June 15, and priced an upsized offering on June 24 ahead of June 25 trading under DPC.

DRS filed

CONFIDENTIAL-S1 filed

Doncasters' issuer DPC Holdings was in the confidential draft process by April 14 or 15, 2026 and publicly filed on May 26.