Last updated on November 11, 2022
DCX Systems IPO description – The company is incorporated in 2011, DCX Systems started its journey as “DCX Cable Assemblies Private Limited.” The company is based in Bengaluru, Karnataka. It is among the leading entities engaged in manufacturing electronic sub-systems and cable harnesses. It is a fast-growing company serving the Indian Defense Sector.
DCX Systems Limited specializes in manufacturing cables, wire harness assemblies, and kitting. They are a wide supplier and offer protective and reliable products to their customers. It is a preferred Indian Offset Partner when it comes to foreign original equipment manufacturing.
DCX Systems Limited specializes in manufacturing cables, wire harness assemblies, and kitting. They are a wide supplier and offer protective and reliable products to their customers.
India’s Defense and Aerospace sectors have brought immense opportunities for the company. DCX Systems is a reputed Indian Offset Partner for ELTA Systems Limited, Israel Aerospace Industries Limited, System Missiles, and Space Division.
Promoters of DCX Systems – Dr. H.S. Raghavendra Rao, NCBG Holdings Inc. and VNG Technology Private Limited
DCX Systems IPO Details
| DCX Systems IPO Dates | 31 October – 2 November 2022 |
| DCX Systems IPO Price | INR 197 – 207 per share |
| Fresh issue | INR 400 crore |
| Offer For Sale | INR 100 crore |
| Total IPO size | INR 500 crore |
| Minimum bid (lot size) | 72 shares (INR 14,904) |
| Face Value | INR 2 per share |
| Retail Allocation | 10% |
| Listing On | NSE, BSE |
DCX Systems Financial Performance
| FY 2019 | FY 2020 | FY 2021 | FY 2022 | Q1 FY 2023 | |
| Revenue | 309.07 | 465.23 | 683.24 | 1,124.33 | 220.25 |
| Expenses | 301.77 | 452.36 | 643.44 | 1,048.78 | 213.78 |
| Net income | 4.6 | 9.74 | 29.56 | 65.61 | 5.57 |
| Margin (%) | 1.49 | 2.09 | 4.33 | 5.84 | 2.53 |
Figures in INR crore unless specified otherwise
DCX Systems Offer News
DCX systems Valuations & Margins
| FY 2019 | FY 2020 | FY 2021 | FY 2022 | |
| EPS | 0.66 | 1.39 | 4.22 | 9.19 |
| PE ratio | – | – | – | 21.44 – 22.52 |
| RONW (%) | 61.54 | 56.75 | 63.18 | 55.79 |
| ROCE (%) | 8.69 | 19.19 | 4.16 | 13.15 |
| EBITDA (%) | 3.55 | 6.79 | 1.57 | 7.61 |
| Debt/Equity | 14.62 | 7.80 | 2.91 | 4.27 |
| NAV | 1.06 | 2.45 | 6.68 | 15.19 |
As per Proforma Condensed Combined Financial Information
DCX Systems IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Kostak | Subject to Sauda |
| 9 Nov 2022 | 75 | 300 | 4,500 |
| 8 Nov 2022 | 75 | 300 | 4,500 |
| 7 Nov 2022 | 75 | 300 | 4,500 |
| 4 Nov 2022 | 75 | 280 | 4,500 |
| 3 Nov 2022 | 75 | 280 | 4,500 |
| 2 Nov 2022 | 70 | 250 | 4,000 |
| 1 Nov 2022 | 70 | 250 | 4,000 |
| 31 Oct 2022 | 65 | 250 | 4,000 |
| 29 Oct 2022 | 65 | 250 | 4,000 |
| 28 Oct 2022 | 60 | – | – |
| 27 Oct 2022 | 50 | – | – |
| 25 Oct 2022 | 50 | – | – |
| 22 Oct 2022 | 50 | – | – |
DCX Systems IPO Subscription – Live Updates
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 81,65,969 | 38,07,106 | 25,38,071 | 1,45,11,146 |
| 31 Oct 2022 | 0.03 | 2.16 | 8.71 | 2.11 |
| 1 Nov 2022 | 1.82 | 11.05 | 26.55 | 8.57 |
| 2 Nov 2022 | 84.32 | 43.97 | 61.77 | 69.79 |
| As on 07:00:00 PM |
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DCX Systems Offer Registrar
Link Intime India Private Limited
C-101, 1st Floor, 247 Park
L.B.S. Marg, Vikhroli West
Mumbai – 400 083, Maharashtra
Phone: +91 22 4918 6200
Email: [email protected]
Website: www.linkintime.co.in
DCX Systems Contact Details
DCX Systems Limited
Aerospace SEZ Sector, Plot Numbers 29,30 and 107,
Hitech Defence and Aerospace Park,
Kavadadasanahalli Village, Devanahalli Taluk,
Bengaluru Rural – 562110, Karnataka
Phone: +91 80 6711 9555 / 9535
Email: [email protected]
Website: www.dcxindia.com
DCX Systems IPO Allotment Status
DCX Systems IPO allotment status is now available on Link Intime’s website. Click on this link to get allotment status.
DCX Systems IPO Timetable
| DCX Systems IPO Opening Date | 31 October 2022 |
| DCX Systems IPO Closing Date | 2 November 2022 |
| Finalisation of Basis of Allotment | 7 November 2022 |
| Initiation of refunds | 9 November 2022 |
| Transfer of shares to demat accounts | 10 November 2022 |
| DCX Systems IPO Listing Date | 11 November 2022 |
| Opening Price on NSE | INR 287 per share (up 38.65%) |
| Closing Price on NSE | INR 308.45 per share (up 49.01%) |
DCX Systems IPO FAQs
How many shares in DCX Systems IPO are reserved for HNIs and retail investors?
The investors’ portion for QIB – 75%, NII – 15%, and Retail – 10%.
How to apply in DCX Systems Public Offer?
The best way to apply in DCX Systems public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
What is DCX Systems IPO GMP today?
DCX Systems IPO GMP today is INR 75 per share.
What is DCX Systems kostak rate today?
DCX Systems kostak rate today is INR 300 per application.
What is DCX Systems Subject to Sauda rate today?
DCX Systems Subject to Sauda rate today is INR 4,500 per application.
