IPO

DCX Systems Limited IPO

Mainboard

Aerospace & Defense

Listed On: Nov 11, 2022 at ₹ 287.0 (NSE)

₹ 14904 /72 Shares

Check Allotment

Price Summary

Last Closing

339.55 (64.03%)

52 Week High

451.90

52 Week Low

235.30

Last Update

8-Nov-2024 3:30 PM

DCX Systems Limited IPO Details

31 Oct, 2022

Open Date

02 Nov, 2022

Close Date

08 Nov, 2022

Allotment Date

11 Nov, 2022

Listing Date

Issue Price

₹197-207 per equity share

Face Value

₹2 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Link Intime India Private Limited

List Price

287.0 (NSE)

Listing Date

2022-11-11

Market Lot

Retail : 72 Shares (₹14,904/-)
sHNI : 1008 Shares (₹2,08,656/-)
bHNI : 4896 Shares (₹10,13,472/-)

Lead Manager

Edelweiss Financial Services Ltd ,Axis Capital Limited ,Saffron Capital Advisors Private Limited

Issue Size

Approx 500 Crores : Fresh Issue of 400 Cr + Offer for Sale of 100 Cr

Retail Portion

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

Subscription

69.79 times

IPO Docs

DRHP RHP

DCX Systems Limited IPO Subscription Details

As onQIBNII
bNII   sNII		RetailTotal
Shares Offered / Reserved8,165,9693,807,106
2,538,070    1,269,036		2,538,07114,511,146
Day 1 - 31-10-22 05:00 PM0.03 x2.16
1.76 x   2.95 x		8.71 x2.11 x
Day 2 - 01-11-22 05:00 PM1.82 x11.05
9.96 x   13.23 x		26.55 x8.57 x
Day 3 - 02-11-22 05:00 PM84.32 x43.97
45.44 x   41.04 x		61.77 x69.79 x
Total No. of Applications: 1832516 (Approx)

DCX Systems Limited Valuations

Earnings Per Share (EPS)

₹9.19/-

P/E Ratio

N/A

RoNW

55.79%

Net Asset Value (NAV) - As on 31.03.22

₹15.19

DCX Systems Limited Company Financials All values are in ₹ Cr.

30-Jun-2131-Mar-2131-Mar-20
Assets763.41793.18698.85
Revenue128.69683.24465.23
Profit After Tax3.3429.569.74

About The Company

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.

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DCX Systems Limited - Promoter(s)

Pre Issue Share Holding: 98.20%

Post Issue Share Holding: 73.58%

Company Promoter(s)

  1. NCBG Holdings Inc
  2. Vng Technology Private Limited

DCX Systems Limited IPO - Issue Objectives

  1. Repayment/ prepayment, in full or part, of certain borrowings availed of by the Company.
  2. Funding working capital requirements of the Company.
  3. Investment in our wholly owned Subsidiary, Raneal Advanced Systems Private Limited, to fund its capital expenditure expenses.
  4. 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.

DCX Systems Limited IPO - FAQs

Ans. DCX Systems Limited IPO is a Mainboard IPO. The issue is priced at ₹197-207 per equity share. The minimum order quantity is 72 Shares. The IPO opens on Oct 31, 2022, and closes on Nov 2, 2022. Link Intime India Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

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

Ans. The size of DCX Systems Limited IPO is Approx 500 Crores : Fresh Issue of 400 Cr + Offer for Sale of 100 Cr.

Ans. The IPO price band is set between ₹197-207 per equity share.

Ans. To apply for DCX Systems Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find DCX Systems Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

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

Ans. The DCX Systems Limited IPO will be listed on Nov 11, 2022.

Ans. Follow the steps to check the allotment status for DCX Systems Limited IPO here.