Dcx gmp today

DCX Systems IPO will be open from 31 October 2022 and closes on 02 November 2022. DCX Systems IPO GMP Kostak rate and Subject to Sauda updated as of Today. DCX Systems IPO Grey Market Premium has been Started with High Premium Rates, We need to wait for the rates to change with the Market Sentiment in a few days or to Stabilize the Rates. Check 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. DCX Systems IPOIssue size of ₹500.00 Crores, in which Fresh Issue of ₹400 Crores and Offer For Sale of ₹100.00 Crores and issue price band has been fixed at ₹197-₹207 Per Share. The DCX Systems IPO to be listed Soon on NSE and BSE. you can check also Table of Contents • • • • • • • • • What is...

Table of Contents • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • About DCX Systems DCX Systems is specialise in system integration as well as the manufacture of a wide range of cables and wire harness assemblies, as well as kitting. They began operations in 2011 and have since become a preferred Indian Offset Partner for foreign original equipment manufacturers when it comes to completing defence manufacturing projects. They are a fast-growing corporation in the Indian defence sector, with revenue from operations increasing at a CAGR of 46.22 percent between Fiscal 2019 and Fiscal 2021. They are also one of the largest Indian Offset Partners for ELTA Systems Limited and Israel Aerospace Industries Limited, System Missiles & Space Division, for the production of electronic subsystems and cable and wire harness configurations for the Indian defence market. Growth They’ve increased their manufacturing capacity and increased their order book. The rising Indian defence and aerospace sector presents a significant opportunity for their company. By 2030, India’s aerospace and defence industry is expected to be worth USD 70 billion. Recent measures, such as the automatic rise in foreign direct investment in the Indian defence sector from 49 percent to 74 percent, are expected to be a key driver and growth opportunity for the market. The Defense Research and Creation Organization has announced the development of 108 systems and subsystems in-house, which is pr...

DCX Systems IPO GMP Today, DCX Systems IPO Grey Market Premium Updates | DCX Systems IPO Listing Gain, Latest target, Opening gain DCX Systems IPO date is fixed, the 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. Issuer DCX Systems Limited Issue Type Book Built Issue IPO Issue Period Issue Opens: OCT 31, 2022 Issue Closes: NOV 2, 2022 Price Brand ₹197 to ₹207 Per Share Issue Size ₹500 Cr Face Value Rs.2 per Equity Share Market Lot 72 Shares Maximum Bid amount for Retail ₹193752 QIB 75% of the issue size NIB 15% of the issue size Retail Individual Bidders 10% of the issue size Listing at NSE & BSE ✔️ Apply With ? UPSTOX Free DEMAT Account Equity 38,672,208 Shares DCX Systems...

• • • DCX Systems IPO Share Allotment Likely Today. How to Check GMP, Allotment Status, Listing Date and More DCX Systems IPO Share Allotment Likely Today. How to Check GMP, Allotment Status, Listing Date and More DCX Systems IPO Allotment: Bengaluru-based defence equipment manufacturer DCX Systems, is expected to announce the allotment status of its initial public offering (IPO) today. The Bengaluru-headquartered firm is offering fresh shares worth Rs 400 crore and is selling Rs 100 crore shares through the offer-for-sale. DCX Systems IPO Allotment: Bengaluru-based defence equipment manufacturer DCX Systems, is expected to announce the allotment status of its initial public offering (IPO) on Monday (November 7). The DCX Systems IPO opened on October 31 and closed on November 2. The price band for the IPO was Rs 197 to Rs 207 per share. Also Read: • DCX Systems IPO Subscription Status On its last day, the IPO was subscribed 69.79 times, receiving bids for 101.27 crore equity shares against 1.45 crore shares on offer. While the qualified institutional buyer portion was subscribed 84.32 times, the non-institutional investors portion was subscribed 43.97 times. The retail portion also witnessed good participation and was subscribed 61.77 times. DCX Systems IPO GMP As per market observers DCX Systems IPO GMP (grey market premium), today is Rs 75. Reports suggest that after trend reversal on Dalal Street on Friday, DCX Systems IPO GMP has gone higher. GMP is the premium at whic...

DCX Systems IPO Review: The issue opens for subscription on 31st October 2022 and closes for subscription on 02nd November 2022 (both days inclusive). The basis of allotment will be finalized on 07th November 2022 and the refunds will be initiated on 09th November 2022. In addition, the demat credits are expected to happen on 10th November 2022 and the stock is scheduled to list on 11th November 2022. The grey market price (GMP) trading normally starts about 4-5 days prior to IPO opening and continues till the listing date. In the case of DCX Systems Ltd, we already have GMP data for the last 7 days, which should give a reasonable picture of the likely listing performance. Read More: There are 2 factors that impact the GMP. Firstly, the market conditions have a deep impact on the GMP, which includes the levels of the Nifty and Sensex as well as the general IPO market and macro conditions. Secondly, the extent of subscription for the IPO across the retail and the QIB segments also has a deep impact on the GMP as it is indicative of investor interest in the stock. Generally, strong QIB subscription is a trigger for a spike in GMP. There is one small point to remember here. The GMP is not an official price point, just a popular informal price point. However, in most cases, it has been observed to be a good informal gauge of demand and supply for the IPO. Hence it does give a broad idea of how the listing is likely to be and how the post-listing performance of the stock would ...