DCX Systems Limited IPO

DCX Systems Limited IPO is listed on BSE and NSE, priced at ₹197–₹207 per share. The stock debuted at ₹287, delivering a listing gain of 38.6%. The IPO had a lot size of ₹72 shares and a minimum investment of ₹14,904.

DCX Systems Limited IPO

Mainboard Listed
₹14,904 (72 Shares)
Minimum Investment
Check Allotment
IPO Dates
Oct 31, 2022 – Nov 2, 2022
Price band
₹197-207 per equity share
Minimum Investment
₹14,904
Issue size
Approx 500 Crores : Fresh Issue of 400 Cr + Offer for Sale of 100 Cr
Lot size
72
Allotment Date
Nov 8, 2022
Listing
Nov 11, 2022
Listing At
BSE, NSE

IPO timeline

  1. Oct 31, 2022

    Open Date

    Completed

  2. Nov 2, 2022

    Close Date

    Completed

  3. Nov 8, 2022

    Allotment Date

    Completed

  4. Nov 11, 2022

    Listing Date

    Completed

Price Summary

Last closing
197.45 (-4.61%)
52 week high
329.00
52 week low
153.30
Last update

DCX Systems Limited IPO Essentials

DCX Systems Limited IPO Details

DCX Systems Limited IPO is priced at ₹197-207 per share with a total issue size of Approx 500 Crores : Fresh Issue of 400 Cr + Offer for Sale of 100 Cr. The IPO has a lot size of 72 shares and is listed on BSE and NSE.

Issue price
₹197-207 per equity share
Lot size
72 shares
Face value
₹2 Per Equity Share
Issue size
Approx 500 Crores : Fresh Issue of 400 Cr + Offer for Sale of 100 Cr
Listing at
BSE, NSE
List price
287.0 (NSE)
Listing date
Registrar
Link Intime India Private Limited
Lead manager
Edelweiss Financial Services Ltd ,Axis Capital Limited ,Saffron Capital Advisors Private Limited

DCX Systems Limited IPO Details

  • Retail Portion 10% (Number of Retail Applications : 33,540 Approx),
    (Number of sHNI Applications : 1,190 Approx),
    (Number of bHNI Applications : 2,390 Approx)

DCX Systems Limited IPO Documents

DCX Systems Limited IPO Analytics

DCX Systems Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

DCX Systems Limited IPO Subscription Status

DCX Systems Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB
NII
bHNI
sHNI
Retail Total
Shares Offered / Reserved 8,165,969
3,807,106
2,538,070
1,269,036
2,538,071 14,511,146
Day 1 31-10-22 05:00 PM
0.03 x
2.16x
1.76x
2.95x
8.71 x 2.11 x
Day 2 01-11-22 05:00 PM
1.82 x
11.05x
9.96x
13.23x
26.55 x 8.57 x
Day 3 02-11-22 05:00 PM
84.32 x
43.97x
45.44x
41.04x
61.77 x 69.79 x

DCX Systems Limited Valuations

Earnings

EPS (Post IPO)
₹9.19/-

Returns

RoNW
55.79%

Data sourced from DRHP / RHP • For educational purposes only

DCX Systems Limited Financials( In Crs.)

30-Jun-21 31-Mar-21 31-Mar-20
Assets 763.41 793.18 698.85
Revenue 128.69 683.24 465.23
Profit After Tax 3.34 29.56 9.74

DCX Systems Limited Company & Offer Insights

About DCX Systems Limited

DCX Systems Limited is among the leading Indian players in the manufacture of electronic sub-systems and cable harnesses. The company commenced operations in 2011 and has been a preferred Indian Offset Partner (IOP) for foreign original equipment manufacturers (OEMs) for executing aerospace and defence manufacturing projects.
In 2020, the company commissioned a new manufacturing facility at the Hi-Tech Defence and Aerospace Park SEZ in Bengaluru, Karnataka.
As of June 30, 2022, DCX Systems had 26 customers in Israel, the United States, Korea and India, including certain Fortune 500 companies, multinational corporations and start-ups. The company's customers include domestic and international OEMs, private companies and public sector undertakings in India across different sectors, ranging from defence and aerospace to space ventures and railways.
DCX System's key customers include Elta Systems Limited, Israel Aerospace Industries Limited - System Missiles and Space Division, Bharat Electronics Limited, and Astra Rafael Comsys Private Limited, among others.
In Fiscal 2020, 2021 and 2022 and in the three months ended June 30, 2021, and June 30, 2022, DCX Systems' revenue from operations was Rs. 4,492.62 million, Rs. 6,411.63 million Rs. 11,022.73 million, Rs. 1,229.14 million and Rs. 2,132.54 million, respectively.
The company's business verticals:
1. System integrationin areas of radar systems, sensors, electronic warfare, missiles, and communication systems.
2. Cable and Wire Harness Assemblies.
3. The company supplies assembly-ready kits of electronic and electro-mechanical parts.

DCX Systems Limited Promoter(s)

NCBG Holdings Inc, Vng Technology Private Limited are the company's promoters of DCX Systems Limited .

DCX Systems Limited IPO Issue Objectives

Repayment/ prepayment, in full or part, of certain borrowings availed of by the Company.
Funding working capital requirements of the Company.
Investment in our wholly owned Subsidiary, Raneal Advanced Systems Private Limited, to fund its capital expenditure expenses.
General corporate purposes.

DCX Systems Limited IPO - Anchor Investors

DCX Systems raises Rs 225 crore via anchor book ahead of IPO.
Investors including Volrado Venture Partners Fund, Cohesion MK Best Ideas, Quantum State Investment Fund, India SME Investments, Theleme India Master Fund, Resonance Opportunities Fund, Vikasa India EIF I Fund, and BNP Paribas Arbitrage made investment in the company via anchor book.
The company said out of total allocation to anchor investors, 36.23 lakh equity shares were allocated to two domestic mutual funds -HDFC Mutual Fund, and Motilal Oswal Mutual Fund. These funds invested nearly Rs 75 crore in DCX Systems via anchor book.

Contact Information

Frequently Asked Questions

Click any question to reveal the answer

DCX Systems Limited IPO is a book-built IPO worth ₹Approx 500 Crores : Fresh Issue of 400 Cr + Offer for Sale of 100 Cr. The price band is ₹197–₹207 per share. The IPO opens on Oct 31, 2022 and closes on Nov 2, 2022. It will be listed on BSE and NSE. Link Intime India Private Limited is the registrar.

The price band of DCX Systems Limited IPO is ₹197 to ₹207 per share.

The lot size of DCX Systems Limited IPO is 72 shares.

The minimum investment for DCX Systems Limited IPO is approximately ₹14,904 based on the upper price band .

DCX Systems Limited IPO opens on Oct 31, 2022 and closes on Nov 2, 2022.

The allotment date of DCX Systems Limited IPO is Nov 8, 2022.

DCX Systems Limited IPO is expected to be listed on Nov 11, 2022, on BSE and NSE .

DCX Systems Limited IPO listed on Nov 11, 2022. It was issued at ₹287.0 (NSE) and is currently around ₹197.45 as on 3-Jun-2026 3:30 PM, which is approximately -4.6% versus issue price. The 52-week high is ₹329.00.

Based on listing and post-listing performance, DCX Systems Limited IPO delivered around -4.6% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.

To buy DCX Systems Limited IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.

DCX Systems Limited IPO valuation snapshot: P/E N/A, EPS ₹9.19/-, P/B N/A, RoNW 55.79%, and market cap N/A.

To apply for DCX Systems Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of DCX Systems Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for DCX Systems Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check DCX Systems Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the DCX Systems Limited IPO allotment status on IPO Ji for quick and easy access.