DCX Systems IPO Date, Price, Review
DCX Systems IPO: Know everything about DCX Systems IPO. DCX Systems International Limited IPO Date, DCX Systems Ltd IPO Review and analysis. We will discus about DCX Systems IPO Benefits & Risks. Also, all information related to DCX Systems IPO like price band, all important dates, issue size, Brockrage Review, Allotment Status and retail quota etc.
DCX Systems IPO
DCX Systems Limited is one of the leading players in manufacturing Cable & Wire Harnesses in India. DCX Systems Ltd Has filed its DRHP (Draft Red Herring Prospectus) with market regulator SEBI (Securities and Exchange Board of India) to raise around Rs 500 crore through IPO (Initial public offering).
DCX Systems IPO will open on 31 October 2022 and close on 02 November 2022. The price band of the DCX Systems IPO is ₹197 to ₹207. Harsha Engineer's IPO size is 500 Crores. The offer includes 400 Crores under fresh issue and 100 Crores under offer for sale. DCX Systems IPO QIB quota is 75%, NII quota is 15% and RII quota is 10%. DCX Systems IPO listing date is 11 November 2022. You can know about DCX Systems IPO GMP (Grey Market Premium) on our website.
DCX Systems has given good financial performance. The company made a profit of ₹29.56 crores in the financial year 2022 (March 2021). The IPO of DCX Systems will be listed on NSE and BSE. DCX Systems IPO face value is ₹2 per equity share.
We will talk about DCX Systems' financials, benefits, and risks of investing in the company.
About DCX Systems International Ltd
DCX Systems Limited started operations in the year 2011. Presently DCX Systems Limited has emerged as the preferred Indian offset partner for overseas Original Equipment Manufacturers for undertaking defense manufacturing projects.
DCX Systems provides its products to small, medium and large businesses by providing a full spectrum of services to aerospace, land and naval defense systems, satellites and civil aviation. Over the years, the company has expanded its customer base and product portfolio.
Also has acquired technical expertise in manufacturing the products. Coming to the present times, the company has emerged as one of the leading players in the manufacture of cable and wire harnesses in India.
Purpose of the offer
- To prepay/repay all or a part of the dues raised by the company.
- To finance capital expenditure requirements for the purchase of new machinery.
- To meet general corporate objectives.
DCX Systems IPO Date and Price Band Details
IPO Open: | 31 October 2022 |
IPO Close: | 02 November 2022 |
Listing Date: | 11 November 2022 |
Listing On: | NSE & BSE |
IPO Size: | Approx ₹500 crores |
Fresh Issue: | Approx ₹400 crores |
Offer For Sale: | Approx ₹100 crores |
Price Band: | ₹197 to ₹207 per share |
Face Value: | ₹10 per Equity share |
QIB Portion: | 75% |
Retail Portion: | 10% |
NII Portion: | 15% |
Employee Res: | Not Disclosed |
DCX Systems IPO Lot Size Details
Minimum Lot: | 01 |
Minimum Lot Size: | 72 Shares |
Minimum Amount: | ₹14,907 |
Maximum Lot: | 13 |
Maximum Lot Size: | 936 Shares |
Maximum Amount: | ₹193,791 |
DCX Systems IPO Open, Close, Allotment, and Listing Date
Ipo Opening Date: | 31 October 2022 |
IPO Closing Date: | 02 November 2022 |
Basis of Allotment: | 07 November 2022 |
Refund Date: | 09 November 2022 |
Credit to Demat Account: | 10 November 2022 |
Listing Date: | 11 November 2022 |
DCX Systems IPO Review
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You can also check the latest IPO subscription status and IPO allotment status of DCX Systems IPO on our website.
DCX Systems Ipo Rating
Review For Listing Gain
Review For Short term
Review For Long term
Strength
- The company can get the benefit of Make in India initiative.
- DCX Systems Limited is recognized globally.
- Over the years, DCX Systems Limited has emerged as one of the most selected Indian offset players for the Defense and Aerospace industries.
- The company has a strong customer base and wide product portfolio.
- The company's consistent financial performance in the past has been profitable.
- The company has a management team along with experienced and qualified promoters.
- The company is one of the leading Indian players in the manufacture of electronic sub-systems and cable harnesses.
Risks
- The company's operating revenue is largely dependent on the fulfillment of defense contracts.
- The growth of the company is good but it cannot be called excellent.
- A significant reduction, or delay or disruption, in the supply of raw materials used by the Company may have a negative impact on the Company's expected costs and revenues.
- DCX Systems does not own a trademark of the 'DCX' name. Although DCX-Chol Enterprises, Inc. had sent him a no-objection letter.
- The company also has many foreign clients, so they are sensitive to the risk of foreign exchange volatility.
- Many new players and startups are coming in the field of aerospace and defense which can give tough competition to the company in future.
DCX Systems Ltd Financials
DCX Systems Financials(in Crores)
Year | Total Assets | Revenue | Profit |
---|---|---|---|
March 2019 | ₹488.95 | ₹309.07 | ₹4.59 |
March 2020 | ₹698.85 | ₹465.23 | ₹9.74 |
March 2021 | ₹793.18 | ₹683.24 | ₹29.56 |
Sep 2021 | ₹763.13 | ₹749.25 | ₹33.20 |
Promoters
- NCBG Holdings Inc.
- Dr. H. S. Raghavendra Rao
- VNG Technology Private Limited
Contact Details of DCX Systems
Aerospace SEZ Sector, Plot Numbers 29,30 and 107,
Hitech Defence and Aerospace Park,
Kavadadasanahalli Village, Devanahalli Taluk,
Bengaluru Rural – 562110, Karnataka, India
Telephone: +91 80 6711 9555 / 9535
E-mail: cs@dcxindia.com
Website: www.dcxindia.com
DCX Systems Lead Managers
- Axis Capital Limited
- Edelweiss Financial Services Limited
- Saffron Capital Advisors Private Limited
DCX Systems IPO Registrars
C-101, 1st Floor, 247 Park,
L.B.S. Marg, Vikhroli (West)
Mumbai 400 083, Maharashtra
Telephone: +91 22 4918 6200
Email: dcxsystems.ipo@linkintime.co.in
Website:www.linkintime.co.in
Conclusion
The track record has been good considering the financial position of the company. The company had a profit of Rs 29.56 crore in the financial year 2022. The company also has many domestic and foreign customers, with the company working in many different sectors. Our suggestion will be updated when the DCX Systems Limited IPO begins. DCX Systems Limited IPO financial statement and other information is provided above.
DCX Systems IPO FAQs
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