DCX Systems IPO Details

GMPSubscription StatusAllotment StatusListing Date

DCX Systems IPO subscription is to open on Oct 31, 2022 and will close on Nov 02, 2022, the price band of the DCX Systems IPO is fixed at ₹ 197 – ₹ 207. DCX Systems is among the leading Indian players for the manufacture of electronic sub-systems and cable harnesses in terms of manufacturing capability

DCX Systems IPO

About DCX Systems

DCX Systems is among the leading Indian players for the manufacture of electronic sub-systems and cable harnesses in terms of manufacturing capability. DCX Systems are primarily engaged in system integration and manufacturing a comprehensive array of cables and wire harness assemblies and are also involved in kitting.

DCX Systems commenced operations in 2011 and have been a preferred Indian Offset Partner (“IOP”) for foreign original equipment manufacturers (“OEMs”) for executing aerospace and defence manufacturing projects

Objects of the Issue

  • Repayment/ prepayment, in full or part, of certain borrowings availed of by the company
  • Funding working capital requirements of the company
  • Investment in the wholly owned Subsidiary, Raneal Advanced Systems Private Limited, to fund its capital expenditure expenses; and
  • General corporate purposes

DCX Systems Limited Financials:

Summary of financial Information (Restated Consolidated Statement)

Particulars For the year ended (₹ in million)
  31-Mar-22 (Consolidated) 31-Mar-21 (Standalone) 31-Mar-20 (Standalone)
Total Assets 9,237.93 7,766.83 6,812.32
Total income 11,243.34 6,832.42 4,652.29
Total Expenses 10,487.79 6,434.36 4,523.62
Profit After Tax 655.87 296.16 97.18

DCX Systems IPO Price Details

DescriptionIPO Details
Public IssueInitial Public Issue of upto [.] Equity Shares of ₹ 2 (aggregating up to ₹ 500 Cr)
Issue Open  Date31-Oct-22
Issue Close Date02-Nov-22
Issue TypeBook Building
IPO Price Band₹ 197 – ₹ 207
Face Value ₹ 2
Market Lot 72 Equity Shares and in multiples thereof
Minimum Order Quantity 72 Equity Shares
Maximum Subscription Amount for Retail InvestorRs. 2,00,000
Listing NSE, BSE
NSE SymbolDCX
IPO Market Timings 10.00 a.m. to 5.00 p.m.

DCX Systems IPO DRHP & RHP

DCX Systems IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum172₹ 14,904
Maximum13936₹ 1,93,752

DCX Systems IPO Lead Managers

  • Edelweiss Financial Services Limited
  • Axis Capital Limited
  • Saffron Capital Advisors Private Limited

DCX Systems IPO Registrar

DCX Systems IPO Allotment Date, Listing Date and other Important Dates

DetailsDate
Bid / Offer Opens on31-Oct-22
Bid / Offer Closes on02-Nov-22
Finalisation of Basis of Allotment07-Nov-22
Initiation of refunds 09-Nov-22
Credit of the Equity Shares10-Nov-22
Listing Date11-Nov-22

Company Registered & Corporate Office

Aerospace SEZ Sector,
Plot Numbers 29,30 and 107,
Hitech Defence and Aerospace Park,
Kavadadasanahalli Village,
Devanahalli Taluk,
Bengaluru Rural – 562110
Karnataka, India;
Website: www.dcxindia.com

Company Promoters

  • Dr. H.S. Raghavendra Rao
  • NCBG Holdings Inc
  • VNG Technology Private Limited

DCX Systems IPO – FAQS

What is the DCX Systems IPO Price?

The DCX Systems IPO price band is ₹ 197 – ₹ 207 per share

When DCX Systems IPO will open?

The DCX Systems IPO opens on Oct 31, 2022 and closes on Nov 02, 2022

What is the lot size of DCX Systems IPO?

The DCX Systems IPO lot size is 72 Equity Shares and the minimum order quantity is 72 Equity Shares

Who is the Registrar for DCX Systems IPO?

The Registrar for DCX Systems IPO is Link Intime India Private Limited

How to apply in DCX Systems IPO through UPI?

Check the step by step process here – Click here

How to apply in DCX Systems IPO through Zerodha?

Check the step by step process here – Click here

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