DCX Systems Limited IPO Review, GMP Share Price | Should You Apply?

DCX Systems Limited IPO Review, DCX Systems Limited IPO GMP TODAY, DCX Systems Limited IPO DETAILS, DCX Systems Limited IPO Status

DCX Systems Limited IPO will open on 31 Oct 2022 and will close on 02 Nov 2022.

DCX Systems Limited IPO GMP Price

The GMP Price of DCX Systems Limited IPO is Rs. 80 as per Market search.

IPO Objective

The company proposes to utilize the Net Proceeds of the Fresh Issue towards funding the following objects:

1. Repayment/ prepayment, in full or part, of certain borrowings availed of by the Company.

2. Funding working capital requirements of the Company.

3. Investment in our wholly owned Subsidiary, Raneal Advanced Systems Private Limited, to fund its capital expenditure expenses.

4. General corporate purposes.

About Company

one of the fastest growing companies in India for systems integration and Wire harness and cables.


DCX’s capabilities are widely recognized by many clients for its ability to adapt to their needs and customize its services accordingly. We are committed to helping small, medium and large companies provide a full range of services to aerospace, land and naval defense systems, satellites and civil aviation. Over the years we have expanded our product portfolio, our customer base and gained technical expertise in manufacturing the products.

Our system-driven efficiency will continue to drive increased revenue.

Our competitive advantages include our efficiency in operations that result in on-time deliveries to our customers, quality control, and maintenance of product safety. This has allowed us to develop strong, long-term relationships with our OEM customers, resulting in increased operations and a larger order book.

DCX Systems Limited IPO will open on 31 Oct 2022 and will close on 02 Nov 2022. The price band is ₹197-₹207 per equity share and a lot of shares are 72. They are going to be listed on BSE NSE. The company is in the Retailing Sector and belongs to Retailing Industry.

DCX Systems Limited IPO Subscription Status (Live Data)

CategoryDay 1Day 2Day 3
QIB
NII
RII
Total
DCX Systems Limited IPO Subscription Status

DCX Systems Limited IPO Details

DescriptionDCX Systems Limited IPO Details
Issue SizeRs. 500-528 Cr ( 253.81 lakh shares offered)
Issue Open  Date 31 Oct 2022
Issue Close Date 02 Nov 2022
IPO Price Band₹197 – ₹207
Face Value ₹2 per share
Market Lot 72 Shares
Minimum Order Quantity 72 Shares
Listing  BSE NSE
DCX Systems Limited IPO Details

DCX Systems Limited IPO Financials (Restated)

Period EndedTotal AssetsTotal RevenueProfit After TaxTotal Borrowing
31-Mar-20698.85465.239.74133.98
31-Mar-21793.18683.2429.56136.38
30-Jun-21763.41128.693.34112.62
DCX Systems Limited IPO Financials

DCX Systems Limited IPO Important Dates

Offer start 31 Oct 2022
Offer end 02 Nov 2022
Allotment finalization 07 Nov 2022
Refund initiation  09 Nov 2022
Demat transfer 10 Nov 2022
Listing 11 Nov 2022
DCX Systems Limited IPO Important Dates

DCX Systems Limited IPO Lot Size

ApplicationLotsSharesAmount (Cut-off)
Minimum172₹14,904
Maximum13936₹193,752
DCX Systems Limited IPO Lot Size

Company Promoters

H.S. Raghavendra Rao and NCBG Holdings Inc and VNG Technology Pvt Ltd. are the company promoters.

DCX Systems Limited IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: dcxsystems.ipo@linkintime.co.in
Websitehttps://linkintime.co.in/

DCX Systems Limited IPO Company Address

DCX Systems Limited
Aerospace SEZ Sector, Plot Numbers 29,30 and 107,
Hitech Defence and Aerospace Park, Kavadadasanahal
Village, Devanahalli Taluk, Bengaluru Rural 562110
Phone: +91 80 6711 9555 / 9535
Email: cs@dcxindia.com
Websitehttp://www.dcxindia.com/

How to Apply DCX Systems Limited IPO?

You can signup or login to Zerodha and apply there.

Also, Check the Upcoming IPO watch list

What is DCX Systems Limited IPO?

DCX Systems Limited IPO will open on 31 Oct 2022 and close on 02 Nov 2022.

When will DCX Systems Limited IPO open?

DCX Systems Limited IPO will open on 31 Oct 2022.

When will DCX Systems Limited IPO close?

DCX Systems Limited IPO will close on 02 Nov 2022.

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