DCX Systems IPO
DCX Systems Limited has filed primary papers with SEBI to haul Rs 6,000 million through the public route. The offer will contain Rs 5000 million in new shares and Rs 1000 million in offer for sale. The company is a leading Indian manufacturer of electronic sub-systems and cable harnesses. If you are existing user of Angelone, Preapply now and avoid last minute hustle.
About DCX Systems Limited
DCX Systems is a leading Indian player in manufacturing electronic sub-systems and cable harnesses in terms of manufacturing capability and revenue in Fiscal 2021. The company primarily offers manufacturing system integration, cables and wire harness assemblies, and kitting.
Founded in 2011, they are a rapidly growing company in the Indian defence space, with its revenue from operation growing at 46.22% CAGR between 2019 and 2021.
DCX Systems Limited IPO Noteworthy Highlights:
- The company will benefit as India’s defence space expands with the government’s proposal to boost indigenous manufacturing.
- They have successfully raised the size of their order book and formed long-term relationships with OEM customers.
- Their services are offered under three verticals: system integration, cable and wire harness assemblies, and kitting.
DCX Systems IPO
| IPO Opening Date | Oct 31, 2022 |
| IOP Closing Date | Nov 2, 2022 |
| IPO Price | Rs 197 To Rs 207 |
| Market Lot | 72 Shares |
| Minimum Investment | Rs 14904 |
| Face Value | Rs 2 |
| Issue Size | Rs 500 Cr |
| Listing At | BSE , NSE |
DCX Systems IPO
| Allotment Date | 07/11/2022 |
| Initiation of Refunds | 09/11/2022 |
| Credit Share to Demat Account | 10/11/2022 |
| IO Listing Date | 11/11/2022 |
DCX Systems IPO
IPO lot size 72 qty and Retail Individual investor can invest maximum Rs 2 lac.
| Application | Lots | Shares | Amount ( Cutoff price ) |
| Minimum | 1 | 72 | Rs 14,904 |
| Maximum | 13 | 936 | Rs 1,93,752 |
DCX Systems IPO
Grey Market Price Rs 80
