The DCX Systems date has been confirmed from October 31, 2022, and ended on November 2, 2022. Read the post to learn about DCX Systems IPO GMP.
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. DCX Systems IPO GMP Today is ₹75. HNI is 15%, QIB is 50%, and the retail share is 35%.
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Key Details Of DCX Systems IPO:
Bidding Dates
October 31 – November 2
Price Range
₹197 to ₹207 per share
Face Value
₹2 per share
GMP
₹75
DCX Systems IPO GMP
The DCX Systems IPO GMP Today is ₹75.
IPO Overview
DCX Systems IPO is a book-built issue for Rs 500.00 crore. The issue consists of a fresh issuance of Rs 400.00 crores and an offer for sale of Rs 100.00 crores.
DCX Systems IPO bidding began on October 31, 2022, and finished on November 2, 2022. The allotment for the DCX Systems IPO was finalized on Monday, November 7, 2022. The shares were listed on the BSE and NSE on November 11, 2022.
DCX Systems’ IPO price range is set at ₹197 to ₹207 per share. The minimum lot size for an application is 72 shares. The minimum investment for retail investors is ₹14,904. The minimum lot size investment for sNII is 14 lots (1,008 shares) for ₹208,656, while bNII requires 68 lots (4,896 shares) worth ₹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 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 includes 14,511,146 shares. 8,165,969 (56.27%) to QIB; 3,807,106 (26.24%) to NII; and 2,538,071 (17.49%) to RII. 35,250 RIIs will receive a minimum of 72 shares, while 1,258 (sNII) and 2,517 (bNII) will receive at least 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 Indian firm that specializes in system integration as well as cable and wire harness assembly production. It also assembles and manufactures electrical subsystems, as well as cables and wiring harnesses. It works on system integration for radar systems, sensors, electronic warfare, missiles, and communication systems. It offers services in electronics, electromechanical, and enclosure assembly. It also offers product repair services for the parts that it manufactures.
It provides assembly-ready kits of electrical and electromechanical components. It manufactures cables and wire harness assemblies such as radio frequency cables, coaxial, mixed-signal, power, and data cables for a variety of applications, including communication systems, sensors, surveillance systems, missile systems, military armoured vehicles, and other electronic warfare systems for the aerospace and defense industries based on customer specifications.
Registrar Info
Name | Link Intime India Private Ltd |
Phone number | +91-22-4918 6270 |
Email ID | [email protected] |
Website | https://linkintime.co.in/mipo/ipoallotment.html |
Contact Details
Name | DCX Systems Limited |
Phone number | +91 80 6711 9555 / 9535 |
Email ID | [email protected] |
Website | http://www.dcxindia.com/ |
IPO Strengths
- 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.
DCX Systems FAQs
When DCX Systems IPO will open?
The DCX Systems IPO opens on October 31, 2022 and closes on November 2, 2022.
What is the lot size of DCX Systems IPO?
DCX Systems IPO lot size is 72 Shares, and the minimum amount required is ₹14,904.
When is DCX Systems IPO allotment?
The finalization of Basis of Allotment for DCX Systems IPO will be done on Monday, November 7, 2022, and the allotted shares will be credited to your demat account by Thursday, November 10, 2022.
When is DCX Systems IPO listing date?
The DCX Systems IPO listing date is on November 11, 2022.
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