DCX Systems IPO Review, Date, GMP, Price, Lot Size, Apply

DCX Systems IPO – Established in the year 2011, DCX systems is one of the fastest growing companies for system integration and cable & wire harnessing in India.

DCX Systems Ltd IPO - Paisa kaudi
DCX Systems Ltd IPO – Paisa kaudi

Key Features of DCX Systems IPO

  • DCX Systems IPO will open on Oct 31, 2022
  • You can apply in this IPO from Oct 31, 2022 to Nov 2, 2022.
  • Issue Price band of the company is ₹197 to ₹207 per equity share.
  • DCX Systems IPO comprises fresh issue of equity shares worth ₹400 Crores and an offer for sale of equity shares worth ₹100 Crores.
  • It has a minimum 72 shares in one lot and you have to spend a minimum of ₹14,904 for 1 lot.
  • DCX Systems is looking to raise ₹500 Crores through this IPO.

What is DCX Systems Limited

  • DCX Systems is a rapidly growing company in the Indian defence space.
  • They provide a complete spectrum of services to Aerospace, Land & Naval Defence systems, Satellites and Civil Aviation.
  • H.S. Raghavendra Rao is the Founder, Chairman and MD of DCX Systems Ltd.
  • On the revenue front, the company has been in profits for the last 3 years. Positive sign for investors.

DCX Systems IPO GMP

Grey market is an unregulated market to trade IPO shares before listing. DCX Systems IPO price band is placed at ₹ 197 to ₹ 207 , but the grey market premium of this share is currently 31.40% i.e. at ₹65. So the share price of DCX System IPO in the grey market is ₹272 (₹207 + ₹65).

Click here to Get Details IPO Grey Market Premium (GMP) Live

DCX Systems IPO Live Subscription Status

DCX Systems IPO subscribed 69.79 times on it’s final day i.e. on November 2, 2022.

Click here to Get Details IPO Subscription Status Live

DCX Systems IPO Date, Lot Size, Allotment

DCX Systems IPO Details

IPO Start DateOctober 31, 2022
IPO Close DateNovember 2, 2022
Fresh Equity Share IssueApprox. ₹400 Crores
worth of equity shares
Offer for SaleApprox. ₹100 Crores
worth of equity shares
Face Value₹2 Per Equity Share
Price Band₹197 – ₹207 Per Equity Share
Retail Quota Share10%
QIB Quota75%
NII (HNI) Quota15%
Listing onNSE & BSE
Employee Discount
DRHPView
DCX Systems IPO – Key points to know before investing

DCX Systems IPO Timetable

IPO Start DateOctober 31, 2022
IPO Close DateNovember 2, 2022
Basis of Share Allotment DateNovember 7, 2022
Refunds DateNovember 9, 2022
Credit of shares to Demat Account DateNovember 10, 2022
DCX Systems IPO Listing DateNovember 11, 2022
DCX Systems IPO Timetable – Paisa kaudi

DCX Systems IPO Lot Size

Minimum Lot Size72 shares for 1 lot
Minimum Amount₹ 14,904 for 1 lot
Maximum Lot Size936 Shares (13 lot)
Maximum Amount₹193,752 (for 13 Lot)
DCX Systems IPO Lot size – Paisa kaudi

DCX Systems Financial Report (2021-2023)

YearRevenueExpensePAT (Profit / Loss After Tax)
2023 (3M)₹220₹214 5.57
2022₹1124₹1049 65.61
2021₹683₹643 29.56
DCX Systems Ltd Revenue Report (Figures are in Crores)

DCX Systems IPO – Basis of Allotment

  • 75% quota is reserved for the QIB category.
  • 15% quota is reserved for NII Category and
  • 10% quota is reserved for retail investors.

How to Apply in DCX Systems IPO ?

  • You can apply for the DCX Systems IPO through the ASBA facility available in your bank account.
  • Just login to your online banking. Go to the IPO section and apply for DCX Systems IPO.
  • Also you can apply in this IPO through your trading account.
  • One more way to apply in this IPO is through forms which you can download from NSE and BSE website.
  • After downloading forms, fill it properly and submit it to the respective banks or to your broker.

How to apply for the DCX Systems IPO through Zerodha?

  • Login to your console in Zerodha through desktop or app.
  • Then go to your portfolio and click on IPO.
  • You will see DCX Systems IPO
  • Then click on the bid button.
  • After this enter your UPI ID, price and quantity (lot size)
  • Click the submit button.
  • At last you have to go to your UPI app to approve the mandate.

How to apply for the DCX Systems IPO through Upstox?

  • Login to your Upstox account through desktop or app.
  • You will see the name DCX Systems IPO.
  • Then hit the bid button.
  • Click the submit button.
  • At last you have to go to your UPI app to approve the mandate.

DCX Systems IPO Allotment Status

You can check DCX Systems IPO allotment status on Registrar and Transfer Agent Website

Also you can check the allotment status on NSE Website

Other Information in DCX Systems IPO

DCX Systems IPO Promoters

  • NCBG Holdings Inc
  • VNG Technology Private Limited

DCX Systems IPO Lead Managers

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

DCX Systems Contact Information

DCX Systems Limited

Aerospace SEZ Sector, Plot Numbers 29,30 and 107,
Hitech Defence and Aerospace Park, Kavadadasanahal
Village, Devanahalli Taluk, Bengaluru Rural 562110

DCX Systems IPO Registrar Contact Information

Link Intime India Private Ltd

Paisa kaudi recommendation on DCX Systems IPO

DCX Systems is a rapidly growing companies for system integration and cable & wire harnessing in India. Price band is reasonable. Grey market premium is already ₹80. Can be considered for a long term gain. You can also invest in this IPO for more than 20% listing gain.

Keep checking the GMP for more clear picture. Stay alert as markets are volatile now a days.

DCX Systems IPO FAQs

What is DCX Systems IPO?

It is the main-board IPO which will be listed on NSE & BSE. They are going to raise Approx ₹500 Crores through this IPO. One lot has minimum 72 shares and you have to spend a minimum ₹14,904 for 1 lot.

What is DCX IPO price band?

DCX IPO price band is ₹197 to ₹207.

What is the lot size of DCX Systems IPO?

One lot has minimum 72 shares and you have to spend a minimum ₹14,904 for 1 lot. Maximum lot is 13 and you have to spent ₹193,752.

What is the investors portion in DCX Systems IPO?

10% quota is reserved for retail investors. 15% quota is reserved for NII Category and 75% quota is reserved for the QIB category.

When DCX Systems IPO will open?

DCX Systems IPO will open on October 31, 2022.

When is the DCX Systems IPO Allotment?

Basis of Allotment for DCX Systems IPO will happen on November 7, 2022 and allotted shares will be deposited in your demat account on November 10, 2022.

When is the DCX Systems IPO Listing Date?

Shares of DCX Systems IPO will list in the market on November 11, 2022.

This covers all the points on DCX Systems IPO. Please write in the comment box if you need any further information on this.

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