DCX Systems IPO subscription status started on Monday, October 31, 2022 and will close on November 2, 2022. DCX Systems IPO to raise around ₹7.87 crores via IPO. The retail quota is 10%, QIB is 75%, and HNI is 15%. The price band is fixed at ₹197 to ₹207 per equity share. The IPO to list on BSE and NSE.
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.
IPO Subscription Update
- Day 1: DCX Systems IPO Subscribed 2.10 times overall in that QIB 0.03 times, NII 2.15 times and Retail 8.66 times.
- Day 2: DCX Systems IPO Subscribed 8.57 times overall in that QIB 1.82 times, NII 11.05 times and Retail 26.55 times.
- Day 3: DCX Systems IPO Subscribed 69.79 times overall in that QIB 84.35 times, NII 43.97 times and Retail 61.77 times.
IPOWatch View
We recommend investors may apply an IPO with Long-term View. Investors should also look at the QIB, NII, and Retail numbers before investing. You can check the DCX Systems IPO allotment status here.
DCX Systems IPO Subscription Status – Final Data
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.03 | 1.82 | 84.32 |
| NII | 2.15 | 11.05 | 43.97 |
| RII | 8.66 | 26.55 | 61.77 |
| Total | 2.10 | 8.57 | 69.79 |
DCX Systems IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
DCX Systems IPO Review
- Apply
DCX Systems IPO Date & Price Band
| 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
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 72 | ₹14,904 |
| Retail Maximum | 13 | 936 | ₹193,752 |
| S-HNI Minimum | 14 | 1,008 | ₹208,656 |
| B-HNI Minimum | 68 | 4,896 | ₹1,013,472 |
DCX Systems IPO Subscription Dates
| 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 |
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 BSE and NSE. Check out the DCX Systems forms – Click BSE and NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
