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DCX Systems IPO, Date, Price, Review, GMP Today

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 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.

    What is DCX Systems IPO Date?
    DCX Systems IPO Date is 31 October 2022.

    What is DCX Systems IPO Price Band?
    DCX Systems' IPO Price Band is ₹197 to ₹207.

    What is DCX Systems IPO Expected Return?
    DCX Systems IPO Expected Returns is approx 10%.

    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.

    Important Links

    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

    DCX Systems IPO open date: 31 October 2022, Closing date: 02 November 2022, and Listing date: 11 November 2022. The price band of DCX Systems IPO is ₹197 to ₹207 per share. DCX Systems IPO issue size is Rs 500 crores. DCX Systems IPO retail portion is 10%, the QIB portion is 75%, and NII Portion is 15%.
    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

    DCX Systems IPO's minimum lot size is 72 shares with ₹14,907 application amount and the maximum lot size is 936 shares with ₹193,791 application amount.
    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

    [Rated by HappiestPost.com]

    Review For Listing Gain

    Review For Short term

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    • 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.


    • 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)

    YearTotal AssetsRevenueProfit
    March 2019₹488.95₹309.07₹4.59
    March 2020₹698.85465.23₹9.74
    March 2021₹793.18₹683.24₹29.56
    Sep 2021₹763.13₹749.25₹33.20


    The promoters of the company are:
    • NCBG Holdings Inc.
    • Dr. H. S. Raghavendra Rao
    • VNG Technology Private Limited

    Contact Details of DCX Systems

    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, 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

    Link Intime India Private Limited
    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


    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

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

    What is the DCX Systems IPO Opening Date?
    DCX Systems IPO Opening date is 31 October 2022.

    What is the DCX Systems IPO Closing Date?
    DCX Systems IPO Closing date is 02 November 2022.

    What is the DCX Systems IPO Allotment date?
    DCX Systems IPO Allotment Date is  07 November 2022.

    What is the DCX Systems IPO Listing Date?
    The DCX Systems IPO Date is 11 November 2022.

    What is DCX Systems IPO issue size?
    DCX Systems IPO issue size is ₹500.

    What is DCX Systems IPO Expected Returns?
    DCX Systems IPO Expected Returns is -%.

    How to Apply the DCX Systems Ltd IPO with Zerodha?

    1. Open your Zerodha kite app and visit the Account tab, then see for console and click on IPO. 
    2. If you are a Desktop user then Log in to the Console on Zerodha Website. Go to Portfolio and Click on IPO. 
    3. You will see the IPO name "DCX Systems Ltd". 
    4. Then, Click on Bid Button.
    5. Then, Enter your UPI ID.
    6. Then, Fill in the Quantity and Price. (we recommend, that you should choose the cutoff price.)
    7. Then Submit the IPO Application Form.
    8. Now go to your UPI App (PhonePe, Google Pay, etc) or BHIM App to Approve the mandate.

    We hope you like this article about DCX Systems IPO. If you have a query about DCX Systems IPO, leave a comment. Here you can also stay updated about the upcoming IPO. Also, you can track IPO performance. Thanks for Visiting. Happy Investing.

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