The India’s leading System Integration and Cable & Wire Harnessing company DCX Systems IPO will be hit the market 31 October 2022 and closes on 02 November 2022. According to RHP, the company wants to raise ₹500 crore through IPO. The company will issue fresh shares of ₹400 crores through this IPO and will issue shares through offer for sale of ₹100 crores.
The company has reserved 75% for QIB, 15% for NII and 10% for Retail Investor in this IPO.
DCX System One of the Fastest Growing Company in India for System Integration and Cable & Wire Harnessing in Defence Sector. The company engaged in system integration and manufacturing a comprehensive array of cables and wire harness assemblies and are also involved in kitting. The are also one of the largest Indian Offset Partner (“IOP”) for ELTA Systems Limited and Israel Aerospace Industries Limited, System Missiles and Space Division (together, the “IAI Group”), Israel, for the Indian defence market for manufacture of electronic sub-systems and cable and wire harness assemblies.
The company manufacturing facility located at the Hi-Tech Defence and Aerospace Park SEZ in Bengaluru, Karnataka. The facility is spread over an area of 30,000 square feet and is set up for complete in-house environmental and electrical testing and wire processing. You can check here to know DCX Systems IPO GMP and DCX Systems IPO subscription status here.
| Read also: Upcoming IPO List 2022 |
The location of our facility is in the same city as certain of our key domestic customers like Bharat Electronics Limited, Alpha Design Technologies Private Limited, Alpha Elsec Defence and Aerospace Systems Private Limited and Centum Adeno India Private Limited which, we believe, ensures shorter delivery time.
The company has 26 customers in Israel, United States, Korea and India, including certain Fortune 500 companies, multinational corporations and start-ups. The company customers include domestic and international OEMs, and private companies and public sector undertakings in India across different sectors, ranging from defence and aerospace to space ventures and railways.
The company domestic and international customers include Elta Systems Limited, Israel Aerospace Industries Limited – System Missiles and Space Division, Bharat Electronics Limited, Astra Rafael Comsys Private Limited, Alpha-Elsec Defense and Aerospace Systems Private Limited, Alpha Design Technologies Private Limited, Astra Microwave Products Limited, Kalyani Rafael Advanced Systems Private Limited, SFO Technologies Private Limited and DCX-Chol Enterprises Inc. check DCX System IPO Allotment Status here.
Object Of the Issue :
- Repayment/ prepayment, in full or part, of certain borrowings availed of by our Company;
- Funding working capital requirements of our Company;
- Investment in our wholly owned Subsidiary, Raneal Advanced Systems Private Limited, to fund its capital expenditure expenses; and
- General corporate purposes (collectively, referred to herein as the “Objects”)
Company Strengths :
- Among the preferred Indian Offset Partners for the defence and aerospace industry with global accreditations
- Technology enabled and scalable end-to-end capabilities
- Business model with visibility of cash flows and ability to mitigate operational and technology risk
- Strategically located in aerospace Special Economic Zone with an advanced and modern manufacturing facility
- Well-positioned to capitalize on industry tailwinds
- Track record of consistent financial performance
- Experienced and qualified Promoters and senior management team supported by a committed employee base
DCX Systems IPO Review :
| Details | Valuation |
|---|---|
| PAT 2022 : | ₹65.60 Cr |
| Issue Price : | ₹207/ EQ (Cut Off) |
| EPS 2022 : | ₹9.19 (March 2022) |
| PE Ratio : | 22.52 (PE Approx) |
| RoNW : | 55.79% (March 2022) |
| NAV Value : | ₹15.19 (March 2022) |
| Total Assets : | ₹1011.60 Cr (June 2022) |
| Market Cap : | ₹1602.00 Cr Approx |
| Promoter Holding : | 98.20% Pre Issue 73.58% Post Issue |
| Team Review : | ● The Fastest Growing Company in India for System Integration and Cable & Wire Harnessing in Defence Sector ● The Company current order book stands at ₹2563 Cr. ● The company PE ratio is very Attractive. ● The company financial performance very strong. ● The company promoter stake will decrease but will hold 73.58% stake after issue which is good. ✔ Apply For Listing Gain And Long Term |
DCX Systems IPO Date & Price Band & Details :
| IPO Open : | 31 October 2022 |
| IPO Close : | 02 November 2022 |
| IPO Size : | ₹500.00 Cr {24,154,589 Shares} |
| Face Value : | ₹2. Equity Share |
| Price Band : | ₹197–₹207 Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹500.00 Cr {24,154,589 Shares} |
| Fresh Issue : | ₹400.00 Cr {19,323,671 Shares} |
| Offer For Sale : | ₹100.00 Cr {48,30,918 Shares} |
DCX Systems IPO Market Lot :
DCX Systems IPO Minimum Market lot is 1 Lot with 72 shares with ₹14,904 Application amount. The retail investors can apply up to 13 lots with 936 Shares or ₹193,752amounts.
| Minimum Lot Size : | 1 Lot |
| Minimum Share : | 72 Shares |
| Minimum Amount : | ₹14,904 |
| Maximum Lot Size : | 13 Lot |
| Maximum shares : | 936 Shares |
| Maximum Amount : | ₹193,72 |
DCX Systems IPO Shares Offer :
A Total of 24,154,589 shares are to be bid for the public issue by DCX Systems IPO with 19,323,671 for Fresh issue and 48,30,918 for offer for sale Shares.
| Category | Shares Offers | Amount |
| Fresh issue : | 19,323,671 | ₹400 Cr |
| Offer For Sale : | 48,30,918 | ₹100 Cr |
| Total : | 24,154,589 | ₹500 Cr |
DCX Systems IPO Reservation :
DCX Systems IPO Total Reservation of 24,154,589 shares are to be bid for the public issue by DCX Systems IPO with 18,115,942 for QIB and 36,23,188 for NII 24,15,459 For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
| QIB : | 75% | 18,115,942 | ₹375.00 Cr |
| NII : | 15% | 36,23,188 | ₹75.00 Cr |
| RII : | 10% | 24,15,459 | ₹50.00 Cr |
| EMP : | – % | – | ₹- |
| Total : | 100% | 24,154,589 | ₹500.00 Cr |
DCX Systems IPO EPS &RoNW :
The DCX Systems company’s EPS & RoNW growth is increasing every year, which is shown to you in the table here.
| Year | EPS Growth in (Rs.) | Return On Net Worth % |
|---|---|---|
| 2022 | ₹9.19 | 55.79% |
| 2021 | ₹4.22 | 63.18% |
| 2020 | ₹1.39 | 56.75% |
DCX Systems IPO Peer Comparison PE :
The DCX Systems, According to DRHP of some company is listed whose PE Multiple is shown in this table.
| Sr. No. | Company | PE Ratio |
| 1. | Bharat Electronics Limited | 32.36 |
| 2. | Data Patterns (India) Limited | 61.56 |
| 3. | Paras Defence and Space Technologies Ltd | 84.69 |
| 4. | Astra Microwave Products Ltd | 73.15 |
| 5. | Centum Electronics Ltd | 43.91 |
DCX Systems IPO Dates :
DCX Systems IPO Date is 31 October 2022 and closes on 02 November 2022. The allotment will be finalized on 07 November 2022 and the IPO may list on 11 November 2022.
| Open Date : | 31 October 2022 |
| Close Date : | 02 November 2022 |
| Allotment Date : | 07 November 2022 |
| Refund Date : | 09 November 2022 |
| Share Credit Date : | 10 November 2022 |
| Listing Date : | 11 November 2022 |
DCX Systems IPO Form :
There are two ways to apply in DCX Systems IPO. You can apply for DCX Systems IPO through ASBA available in your bank account. You have to go to your online bank login and select DCX Systems IPO in the Invest section and apply through your bank account. Another option is you can apply for DCX Systems IPO through IPO form download through NSE and BSE. See the DCX Systems IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
DCX Systems Company Financial Report (in Crores) :
| Year | Revenue | Expense | PAT |
| 2022 | ₹1124.33 | ₹1048.77 | ₹65.60 |
| 2021 | ₹683.24 | ₹643.43 | ₹29.55 |
| 2020 | ₹465.22 | ₹452.36 | ₹9.74 |
Company Promoters :
■ Dr. H.S. Raghavendra Rao
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
■ Anchor Investor
DCX Systems IPO Lead Managers :
■ Axis Capital Limited
■ Edelweiss Financial Services Limited
■ Saffron Capital Advisors Private Limited
DCX Systems IPO Registrar :
Link Intime India Private Limited
C-101, 1st Floor 247 Park
Lal Bahadur Shastri Marg Vikhroli (West)
Mumbai 400 083 Maharashtra, India
Tel: +91 22 4918 6200
E-mail: [email protected]
Investor Grievance ID: [email protected]
Website: www.linkintime.co.in
Note: Check DCX Systems IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
DCX Systems Private Limited
Aerospace SEZ Sector, Plot Numbers 29,30 and 107,
Hitech Defence and Aerospace Park,
Kavadadasanahalli Village, Devanahalli Taluk,
Bengaluru Rural-562 110
Karnataka, India
Tel.: +91 80 6711 9555/9535
E-mail: [email protected]
Website: www.dcxindia.com
DCX Systems IPO FAQs :
What is DCX Systems IPO?
DCX Systems IPO is Mainboard IPO. They are going to raise ₹500. Crores via IPO. The issue is priced at ₹197 – ₹207 per equity share. The IPO is to be listed on NSE, BSE.
When DCX Systems IPO will open?
The IPO is to open on 31 Oct – 02 Nov for QIB, NII & RII.
What is DCX Systems IPO Size?
DCX Systems IPO size is ₹500.00 Crores.
What is the Fresh issue size of DCX Systems IPO?
The Fresh issue size of DCX Systems IPO ₹400.00 Cr.
What is the Offer For Sale size of DCX Systems IPO?
The Offer For Sale size of DCX Systems IPO ₹ 100.00 Cr.
What is DCX Systems IPO Price Band?
DCX Systems IPO Price Band is ₹197 – ₹ 207 Per share.
What is DCX Systems IPO Minimum and Maximum Lot Size?
The minimum 72 Shares with ₹14,904 amount while the maximum 936 shares with ₹193,752.
What is DCX Systems IPO Investors Portion?
The investors’ portion for QIB 75%, NII 15%, RII 10%.
What is DCX Systems IPO Allotment Date?
DCX Systems IPO allotment date is 07 November 2022.
What is DCX Systems IPO Listing Date?
DCX Systems IPO listing date is 11 November 2022. The IPO to list on NSE, BSE.
How to Apply the DCX Systems IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “DCX Systems IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the DCX Systems IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “DCX Systems IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the DCX Systems IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “DCX Systems IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the DCX Systems IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “DCX Systems IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
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All DCX Systems IPO-related links are available here. If you want to know the details then click on Click Here Link.
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