DCX Systems Limited
ListedMainboardCapital Goods / Industrial Manufacturing · NSE / BSE
DCX Systems Limited, established in 2011, is one of India’s leading manufacturers of electronic sub-systems and cable harnesses, and a preferred Indian Offset Partner (IOP) for global aerospace and defence OEMs. The company operates a modern manufacturing facility at the Hi-Tech Defence and Aerospace Park SEZ in Bengaluru, commissioned in 2020. As of June 30, 2022, it served 26 customers across Israel, the US, Korea, and India, including major Fortune 500 companies, MNCs, domestic OEMs, PSUs, and start-ups, with key clients such as Elta Systems, Israel Aerospace Industries, Bharat Electronics Limited, and Astra Rafael Comsys. DCX’s operations span system integration for radar, sensors, electronic warfare, missiles, and communication systems; cable and wire harness assemblies; and the supply of assembly-ready electronic and electro-mechanical kits. For FY 2020, 2021, and 2022 and the quarters ended June 30, 2021 and June 30, 2022, the company reported revenues of ₹4,492.62 million, ₹6,411.63 million, ₹11,022.73 million, ₹1,229.14 million, and ₹2,132.54 million, respectively.
Price Band
₹207
Issue Size
₹500 Cr
Lot Size
72 shares
GMP
₹89
+43.0%
Est. Listing
₹296
at current GMP
Subscribed
69.79x
overall
Open
31 Oct 2022
Close
2 Nov 2022
Allotment
9 Nov 2022
Refund
10 Nov 2022
Demat Credit
11 Nov 2022
Listing
11 Nov 2022
Last updated 12 days ago
Live Grey Market Premium
DCX Systems Limited GMP Today
Last updated: 19 Oct 2026
Current Premium
₹89+43.0%
Issue Price (Upper)
₹207
Band: ₹207
Estimated Listing Price
₹296
Upper price + GMP
Lot Size
72 shares
Min investment ₹14,904
Estimated Profit / Lot
₹6,408
72 × ₹89
DCX Systems Limited GMP Historical Trend
GMP History
Grey Market Premium trend
+₹89
▲ 0 today
Updated 1 minute ago
Estimated Listing Price
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹89 | 43.0% | ₹296 |
| 30 Oct 2026 | +₹89 | 43.0% | ₹296 |
| 29 Oct 2026 | +₹80 | 38.7% | ₹287 |
GMP is unofficial market data. Not a guarantee of listing performance.
About DCX Systems Limited Public Issue & Market Profile
DCX Systems Limited is bringing an initial public offering (IPO) in the Capital Goods / Industrial Manufacturing sector with an aggregate issue size of ₹500 Crores. The shares are offered at a price band of ₹207 to ₹207 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
Public Issue & Pricing Context:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Basis of Allotment & Listing Timeline:
Following the close of bidding on 2022-11-02, the basis of allotment is scheduled to be finalized on 2022-11-09. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What is DCX Systems Limited IPO GMP today?
The latest grey market premium for DCX Systems Limited IPO is ₹89, which indicates an expected listing price of ₹296.
What does Kostak Rate and Sauda mean in IPO GMP?
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
Is Grey Market Premium officially recognized?
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.