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
Overall Subscription
69.79x
Total Demand
QIB Multiplier
84.32x
Institutions & Funds
NII / HNI
43.97x
High Net-Worth
Retail (RII)
61.77x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 8,165,969 | 688,549,896 | 84.32x |
| NIB | 3,807,106 | 167,413,896 | 43.97x |
| HNIs(10L +) | 2,538,070 | 115,325,640 | 45.44x |
| HNIs (2-10L) | 1,269,036 | 52,088,256 | 41.05x |
| RETAIL | 2,538,071 | 156,780,360 | 61.77x |
| Total | 18,318,252 | 1,180,158,048 | 69.79x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 117,418 | 7,252,910 | 61.77x |
| HNIs (10L +) | 751 | 33,021 | 43.97x |
| HNIs (2-10L) | 3,594 | 158,028 | 43.97x |
| Total Applications | 121,763 | 7,443,959 | 61.13x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
Bidding & Quota Instructions:
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.
Allotment Reconciliation Schedule:
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 (GMP) for DCX Systems Limited IPO is ₹89 per equity share. Based on the upper price band of ₹207 to ₹207 per equity share, the estimated listing price is ₹296 (+43.0% expected listing gain).
What is the expected profit per lot for DCX Systems Limited IPO?
With a lot size of 72 shares and current GMP of ₹89, the expected profit per application lot is approx ₹6,408 (+43.0% gain). Minimum application cost is approx ₹14,904.
What is the issue size and price band for DCX Systems Limited IPO?
The DCX Systems Limited IPO aggregate issue size is ₹500 Crores with an equity price band set at ₹207 to ₹207 per equity share. The retail lot size is 72 shares requiring a minimum capital outlay of approx. ₹14,904.
How can I check DCX Systems Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 69.79x (Retail: 61.77x, QIB: 84.32x, NII: 43.97x). You can track live multiples directly on our dedicated subscription page.
Where and when will DCX Systems Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2022-11-09. Investors can verify status using PAN card or application number.
When is the listing date for DCX Systems Limited IPO?
DCX Systems Limited shares are scheduled to list on NSE and BSE on 2022-11-11.