The DCX Systems date has been confirmed from October 31 and ended on November 2
DCX Systems IPO plans to raise about 29,571,390 equity shares through the sale of up to 29,571,390 shares at a price of 2 apiece. HNI is 15%, QIB is 50%, and the retail share is 35%.
Start your investing journey today. How do you open your own demat account for free?
Bidding Dates
October 31 – November 2
Price Range
₹197 to ₹207 per share
Face Value
₹2 per share
GMP
₹75
DCX Systems GMP
The DCX Systems IPO GMP is ₹[75].
IPO Overview
DCX Systems IPO is a book built issue of Rs 500.00 crores. The issue is a combination of fresh issue of Rs 400.00 crores and offer for sale of Rs 100.00 crores.
DCX Systems IPO bidding started from October 31, 2022 and ended on November 2, 2022. The allotment for DCX Systems IPO was finalized on Monday, November 7, 2022. The shares got listed on BSE, NSE on November 11, 2022.
DCX Systems IPO price band is set at ₹197 to ₹207 per share. The minimum lot size for an application is 72 Shares. The minimum amount of investment required by retail investors is ₹14,904. The minimum lot size investment for sNII is 14 lots (1,008 shares), amounting to ₹208,656, and for bNII, it is 68 lots (4,896 shares), amounting to ₹1,013,472.
Dcx Systems IPO GMP Live Rates Day By Day With Kotak Rates
Date | GMP | Kostak | Subject to |
11 November | ₹85 | ₹300 | ₹5000 |
10 November | ₹85 | ₹300 | ₹5000 |
9 November | ₹85 | ₹300 | ₹5000 |
8 November | ₹75 | ₹300 | ₹5000 |
7 November | ₹75 | ₹300 | ₹5000 |
6 November | ₹75 | ₹300 | ₹5000 |
5 November | ₹75 | ₹300 | ₹5000 |
4 November | ₹80 | ₹300 | ₹5000 |
3 November | ₹80 | ₹200 | ₹5000 |
2 November | ₹80 | ₹200 | ₹5000 |
DCX Systems IPO Date & Price Band Details
IPO Date | October 31, 2022 to November 2, 2022 |
Listing Date | November 11, 2022 |
Face Value | ₹2 per share |
Price Band | ₹197 to ₹207 per share |
Lot Size | 72 Shares |
Total Issue Size | [.] shares (aggregating up to ₹500.00 Cr) |
Fresh Issue | [.] shares (aggregating up to ₹400.00 Cr) |
Offer for Sale | [.] shares of ₹2 (aggregating up to ₹100.00 Cr) |
Issue Type | Book Built Issue IPO |
Listing At | BSE, NSE |
DCX Systems IPO Market Lot
Investors can bid for a minimum of 72 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
Application | Lots | Shares | Amount |
Retail (Min) | 1 | 72 | ₹14,904 |
Retail (Max) | 13 | 936 | ₹193,752 |
S-HNI (Min) | 14 | 1,008 | ₹208,656 |
S-HNI (Max) | 67 | 4,824 | ₹998,568 |
B-HNI (Min) | 68 | 4,896 | ₹1,013,472 |
DCX Systems IPO Allotment & Listing Dates
DCX Systems IPO opens on October 31, 2022, and closes on November 2, 2022.
IPO Open Date | Monday, October 31, 2022 |
IPO Close Date | Wednesday, November 2, 2022 |
Basis of Allotment | Monday, November 7, 2022 |
Initiation of Refunds | Wednesday, November 9, 2022 |
Credit of Shares to Demat | Thursday, November 10, 2022 |
Listing Date | Friday, November 11, 2022 |
Cut-off time for UPI mandate confirmation | 5 PM on November 2, 2022 |
DCX Systems Company Financial Report
Period Ended | Total Assets | Total Revenue | Profit After Tax | Total Borrowing |
31-Mar-20 | 698.85 | 465.23 | 9.74 | 133.98 |
31-Mar-21 | 793.18 | 683.24 | 29.56 | 136.38 |
30-Jun-21 | 763.41 | 128.69 | 3.34 | 112.62 |
DCX Systems IPO Reservation
DCX Systems IPO offers 14,511,146 shares. 8,165,969 (56.27%) to QIB, 3,807,106 (26.24%) to NII, 2,538,071 (17.49%) to RII. 35,250 RIIs will receive minimum 72 shares and 1,258 (sNII) and 2,517 (bNII) will receive minimum 1,008 shares. (in case of oversubscription)
Investor Category | Shares Offered | Maximum Allottees |
Anchor Investor Shares Offered | – | NA |
QIB Shares Offered | 8,165,969 (56.27%) | NA |
NII (HNI) Shares Offered | 3,807,106 (26.24%) | |
bNII > ₹10L | 2,538,070 (17.49%) | 2,517 |
sNII < ₹10L | 1,269,036 (8.75%) | 1,258 |
Retail Shares Offered | 2,538,071 (17.49%) | 35,250 |
Total Shares Offered | 14,511,146 (100%) |
Company Profile
DCX Systems Limited is an India-based company primarily engaged in system integration and manufacturing cables and wire harness assemblies. It is also involved in kitting and manufacturing electronic sub-systems and cable and wire harnesses. It undertakes system integration in radar systems, sensors, electronic warfare, missiles, and communication systems. Its services are part of electronics, electro-mechanical, and enclosure assembly. It also provides product repair support for the parts that it manufactures.
It supplies assembly-ready kits of electronic and electro-mechanical parts. It manufactures cables and wire harness assemblies such as radio frequency cables, co-axial, mixed-signal, power, and data cables for a variety of uses, including communication systems, sensors, surveillance systems, missile systems, military armoured vehicles, and other electronic warfare systems for the aerospace and defence industries as per its customers’ requirements.
Registrar Info
Name | Link Intime India Private Ltd |
Phone number | +91-22-4918 6270 |
Email ID | dcxsystems.ipo@linkintime.co.in |
Website | https://linkintime.co.in/mipo/ipoallotment.html |
Contact Details
Name | DCX Systems Limited |
Phone number | +91 80 6711 9555 / 9535 |
Email ID | cs@dcxindia.com |
Website | http://www.dcxindia.com/ |
IPO Strenghts
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.