DCX Systems IPO Date, Review, Price, Allotment, Analysis

DCX Systems IPO

DCX Systems IPO Details: DCX Systems IPO date is fixed, the IPO is to hit the market on October 31 and will close on November 2, 2022. DCX Systems Technologies IPO to raise around ₹500 crores via IPO that comprises fresh issue of ₹400 crores and offer for sale up to ₹100 crores of ₹2 each. The retail quota is 10%, QIB is 75%, and HNI is 15%.

DCX Systems Limited was incorporated in 2011 based in Bengaluru, Karnataka. They are one of the fastest growing company in India for System Integration, and Cable & Wire Harnessing in Indian Defence Sector.

DCX Systems provide Cable Assemblies, Kitting, and System Integration services. They provide a complete spectrum of services to Aerospace, Land & Naval Defence systems, Satellites, and Civil Aviation. Their setup is housed in over 30,000 sq ft for assembly, System Integration including Environmental and Electrical Testing.

Objects of the Issue

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

DCX Systems IPO Review (Apply or Not)

  • Apply

Brokerage Firm IPO Review

  • Angel One: Apply
  • Arihant Capital: May Apply
  • BP Wealth: Apply
  • Hem Securities: Apply
  • Jainam Broking: May Apply
  • KR Choksey: Apply
  • Nirmal Bang: Apply
  • Reliance Securities: Apply

DCX Systems IPO Date & Price Band Details

IPO Open:October 31, 2022
IPO Close:November 2, 2022
IPO Size:Approx ₹500 Crores
Fresh Issue:Approx ₹400 Crores
Offer for Sale:Approx ₹100 Crores
Face Value:₹2 Per Equity Share
IPO Price Band:₹197 to ₹207 Per Share
IPO Listing on:BSE & NSE
Retail Quota:10%
QIB Quota:75%
 NII Quota:15%
Discount:N/A
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

DCX Systems IPO Market Lot

The DCX Systems IPO minimum market lot is 72 shares with ₹14,904 application amount. The retail investors can apply up-to 13 lots with 936 shares or ₹193,752 amount.

ApplicationLot SizeSharesAmount
Retail Minimum172₹14,904
Retail Maximum13936₹193,752
S-HNI Minimum141,008₹208,656
B-HNI Minimum684,896₹1,013,472

DCX Systems IPO Allotment & Listing Dates

The DCX Systems IPO date is October 31 and the close date is November 2. The DCX Systems IPO allotment will be finalized on November 7 and the IPO listing on November 11.

Price Band Announcement:October 21, 2022
Anchor Investors Allotment:October 30, 2022
IPO Open Date:October 31, 2022
IPO Close Date:November 2, 2022
Basis of Allotment:November 7, 2022
Refunds:November 9, 2022
Credit to Demat Account:November 10, 2022
DCX Systems IPO Listing Date:November 11, 2022

You can check IPO subscription status and IPO allotment status on their respective pages.

DCX Systems IPO Form

How to apply for the DCX Systems IPO? You can apply for DCX Systems IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the DCX Systems IPO in the Invest section. The other option is you can apply for DCX Systems IPO via IPO forms downloaded via NSE and BSE. Check out the DCX Systems forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.


DCX Systems Company Financial Report

  ₹ in Crores
YearRevenueExpensePAT
2021₹683₹643₹29.56
2022₹1124₹1049₹65.61
2023 3M₹220₹214₹5.57

DCX Systems IPO Valuation – FY2022

Check DCX Systems IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Earning Per Share (EPS):₹9.19 per Equity Share
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):55.79%
Net Asset Value (NAV):₹15.19 per Equity Share

Peer Group

  • Bharat Electronics Limited
  • Data Patterns (India) Limited
  • Paras Defence and Space Technologies Ltd
  • Astra Microwave Products Ltd
  • Centum Electronics Ltd

Company Promoters

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

DCX Systems IPO 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 IPO Allotment Status Check

Check DCX Systems IPO allotment status on Linkintime website allotment URL. Click Here

DCX Systems IPO Lead Managers

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

Company Address

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 FAQs

What is DCX Systems IPO?

DCX Systems IPO is a main-board IPO. They are going to raise ₹500 Crores via IPO. The issue is priced at ₹197 to ₹207 pr equity share. The IPO is to be listed on BSE & NSE.

When DCX Systems IPO will open?

The IPO is to open on October 31, 2022 for QIB, NII, and Retail Investors.

What is DCX Systems IPO Investors Portion?

The investors’ portion for QIB is 75%, NII is 15%, and Retail is 10%.

How to Apply the DCX Systems IPO?

You can apply for DCX Systems IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the DCX Systems IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “DCX Systems”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the DCX Systems IPO through Upstox?

Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “DCX Systems”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the DCX Systems IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “DCX Systems”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is DCX Systems IPO Size?

DCX Systems IPO size is ₹500 crores.

What is DCX Systems IPO Price Band?

DCX Systems IPO Price Band is ₹197 to ₹207.

What is DCX Systems IPO Minimum and Maximum Lot Size?

The minimum bid is 72 Shares with ₹14,904 amount while the maximum bid is 936 shares with ₹193,752.

What is the DCX Systems IPO Allotment Date?

DCX Systems IPO allotment date is November 7, 2022.

What is the DCX Systems IPO Listing Date?

DCX Systems IPO listing date is November 11, 2022. The IPO is to list on BSE and NSE.

Note: The DCX Systems IPO price band and date are officially announced. The IPO grey market premium (DCX Systems IPO Premium) will be added to the IPO grey market page as it will start).

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    One Response

    1. INFORM US SOON WHETHER APPLY FOR THE IPO OR NOT? IF YES HOW MANY LOTS CAN I APPLY FOR CONFIRM ALLOTMENT. AWAITING, THANK YOU.

    OPEN DEMAT ACCOUNT