Dcx ipo gmp

DCX Systems’ DCX Systems IPO: Subscription Status Investors interest on DCX Systems Limited’s public issue picked up on Day 2 as the issue was subscribed 4.38 times on the BSE and 1.81 times on the NSE. DCX Systems IPO: Price Band The price band for DCX Systems IPO has been fixed at Rs 197-207 per share. At least 75 per cent of the IPO is reserved for qualified institutional investors, up to 15 per cent for high-net-worth individuals, and 10 per cent for retail investors. DCX Systems IPO: Issue Size The IPO consists of issuance of fresh equity shares worth Rs 400 with a face value of Rs 2 each. Existing promoters and shareholders will sell shares worth Rs 100 crore via an offer for sale (OFS). DCX Systems IPO: Lot Size Investors can subscribe to the DCX Systems IPO by betting for a lot of 72 shares or in multiples thereof. At the upper range of the price band, one lot of the IPO is worth Rs 14,904. A retail bidder can bid for 13 lots or 936 shares at maximum. DCX Systems IPO: Participating Shareholders NCBG Holdings and VNG DCX Systems IPO: Objective The company proposes to utilise the net proceeds from the fresh issue towards debt payment, funding working capital requirements, investment in its wholly-owned subsidiary Raneal Advanced Systems to fund its capital expenditure expenses and general corporate purposes. DCX mopped up Rs 225 crore through its anchor book on October 28, ahead of the public issue opening. A total of 12 investors participated in the anchor book and ...

The initial public offering (IPO) of Bengaluru-based DCX Systems garnered a strong response from investors so far on the final day of bidding. The initial share sale, which started on October 31, got fully subscribed on the very first day. On Wednesday, the Rs 500-crore issue attracted bids for 1,01,27,44,152 shares by 5 pm, which was 69.79 times the issue size of 1,45,11,146 shares. The quota reserved for non-institutional investors was subscribed 43.97 times while that of retail individual investors by 61.77 times. The portion reserved for qualified institutional buyers (QIBs) was subscribed 84.32 times. Latest grey market premium Market participants said DCX Systems IPO grey market premium (GMP) today is at Rs 85. It implies that the grey market is expecting the lender to list around Rs 292 (Rs 207 + Rs 85), which is more than 41 per cent higher than the IPO's upper band price of Rs 207 per equity share. Expert Views Manoj Kumar Dalmia, Founder and Director, Proficient equities Private limited: "DCX Systems is among the leading Indian players in the manufacturing of electronic sub-systems and cable harnesses. It had 26 customers in Israel, the United States, Korea and India, including certain Fortune 500 companies. With 'Make in India', 'Atmanirbhar Bharat' and other policies, DCXSL – is poised for bright prospects. Based on its financial performance, investors can 'Subscribe'." Ravi Singhal, CEO, GCL: "From our side must apply for the long-term and listing gains. The...

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...

DCX Systems’ IPO to raise up to Rs 500 crore received bids for two times the shares on Monday, the first day of the bidding process. The initial share sale, comprising fresh issuance of shares worth to Rs 400 crore and an offer for sale (OFS) of up to Rs 100 crore by existing shareholders, will be available for bidding for three trading days ending November 2. DCX Systems IPO: Subscription Status The public offer has garnered bids for 5.05 crore shares against an IPO size of 1.45 crore shares subscribing 2.11 times on October 31, the first day of bidding. Retail investors showed good interest, investing for 8.71 times shares of the allotted quota, while the portion set aside for non-institutional investors was subscribed 2.16 per cent. Qualified institutional investors have bought 2.66 lakh shares so far, against the 81.65 lakh shares reserved for them. DCX Systems IPO: Price Band The price band for DCX Systems IPO has been fixed at Rs 197-207 per share. At least 75 per cent of the IPO is reserved for qualified institutional investors, up to 15 per cent for high-net-worth individuals, and 10 per cent for retail investors. DCX Systems IPO: Issue Size The IPO consists of issuance of fresh equity shares worth Rs 400 with a face value of Rs 2 each. Existing promoters and shareholders will sell shares worth Rs 100 crore via an offer for sale (OFS). DCX Systems IPO: Lot Size Investors can subscribe to the DCX Systems IPO by betting for a lot of 72 shares or in multiples thereof....

- Advertisement - GMP DCX Systems IPO subscription is to open on Oct 31, 2022 and will close on Nov 02, 2022, the price band of the DCX Systems IPO is fixed at ₹ 197 – ₹ 207. DCX Systems is among the leading Indian players for the manufacture of electronic sub-systems and cable harnesses in terms of manufacturing capability • • • • • • • • • • • • About DCX Systems DCX Systems is among the leading Indian players for the manufacture of electronic sub-systems and cable harnesses in terms of manufacturing capability. DCX Systems are primarily engaged in system integration and manufacturing a comprehensive array of cables and wire harness assemblies and are also involved in kitting. DCX Systems commenced operations in 2011 and have been a preferred Indian Offset Partner (“IOP”) for foreign original equipment manufacturers (“OEMs”) for executing aerospace and defence manufacturing projects Objects of the Issue • Repayment/ prepayment, in full or part, of certain borrowings availed of by the company • Funding working capital requirements of the company • Investment in the wholly owned Subsidiary, Raneal Advanced Systems Private Limited, to fund its capital expenditure expenses; and • General corporate purposes DCX Systems Limited Financials: Summary of financial Information (Restated Consolidated Statement) - Advertisement - Particulars For the year ended (₹ in million) 31-Mar-22 (Consolidated) 31-Mar-21 (Standalone) 31-Mar-20 (Standalone) Total Assets 9,237.93 7,766.83 6,812.32...

New Delhi: Manufacturer of cables and wire harness assemblies DCX Systems initial public offering (IPO) opening recieved positive response on Day 1 (October 31). On the first day of its subscription, the DCX Systems IPO was oversubscribed 2.11 percent. The three day IPO which will close on November 2, comprises an offer for sale of equity shares to the tune of up to Rs 100 crore by promoters -- NCBG Holdings Inc and VNG Technology. The company had on Friday said that it has raised Rs 225 crore from anchor investors days ahead of its IPO. HDFC Mutual Fund, Motilal Oswal Mutual Fund and BNP Paribas Arbitrage are among the anchor investors. (Also read: Former Tata Steel MD Jamshed J Irani dead) According to the company, 75 per cent of the issue size has been reserved for qualified institutional investors, 15 per cent for non-institutional investors and the remaining 10 per cent for retail investors. (Also read: Will Donald Trump return to Twitter? Elon Musk says THIS) Investors can bid for a minimum of 72 equity shares and in multiples of 72 equity shares thereafter. The company has decided to allocate over 1.08 crore equity shares to anchor investors at Rs 207 apiece, aggregating the transaction size to Rs 225 crore, according to a circular uploaded on BSE website. DCX Systems IPO Listing, GMP and other details The issue, with a price band of Rs 197 to Rs 207 per share, will likely list on BSE and NSE on November 11. As per reports, the DCX Systems latest GMP suggests a prem...

The three-day initial public offering (IPO) of DCX Systems, manufacturer of cables and wire harness assemblies, will open for public subscription next week on Monday, October 31, 2022 and conclude on Wednesday, November 2, 2022. The company has fixed a price band of ₹197 to ₹207 per share for its initial share sale. DCX Systems Ltd, the Bengaluru-based company, is primarily engaged in system integration and manufacturing a comprehensive array of cables and wire harness assemblies, and are also involved in kitting. Incorporated in 2011, DCX Systems Limited (DSL) is among the leading Indian players in the manufacture of electronic sub-systems and cable harnesses. The company operates through their manufacturing facility located at the Hi-Tech Defense and Aerospace Park SEZ in Bengaluru, Karnataka. "In terms of valuations, the post-issue P/E works out to 30.5x FY22 EPS (at the upper end of the issue price band) which is low compared to its peers like Paras Defense & Space Technologies Ltd, Data Patterns (India) ltd and Sundram Fasteners Ltd. Further, DSL has better revenue/PAT growth (CAGR of 57%/159% respectively) over 2 years, healthy return on equity and company also has a strong order book which provides visibility for next 2 years. Considering all the positive factors, we believe this valuation is at reasonable levels," said Angel One in an IPO note. Investors can bid for a minimum of 72 equity shares and in multiples of 72 equity shares thereafter. Edelweiss Financial S...

The three-day initial public offering (IPO) of DCX Systems, manufacturer of cables and wire harness assemblies, will open for public subscription today. The initial share sale, comprising fresh issuance of shares worth to Rs 400 crore and an offer for sale (OFS) of up to Rs 100 crore by existing shareholders, will be available for bidding for three trading days ending November 2. DCX Systems IPO: Price Band The price band for DCX Systems DCX Systems IPO: Issue Size The IPO consists of issuance of fresh equity shares worth Rs 400 with a face value of Rs 2 each. Existing promoters and shareholders will sell shares worth Rs 100 crore via an offer for sale (OFS). DCX Systems IPO: Lot Size Investors can subscribe to the DCX Systems IPO by betting for a lot of 72 shares or in multiples thereof. At the upper range of the price band, one lot of the IPO is worth Rs 14,904. A retail bidder can bid for 13 lots or 936 shares at maximum. DCX Systems IPO: Participating Shareholders NCBG Holdings and VNG DCX Systems IPO: Objective The company proposes to utilise the net proceeds from the fresh issue towards debt payment, funding working capital requirements, investment in its wholly-owned subsidiary Raneal Advanced Systems to fund its capital expenditure expenses and general corporate purposes. DCX mopped up Rs 225 crore through its anchor book on October 28, ahead of the public issue opening. A total of 12 investors participated in the anchor book and the company finalized the allocatio...

• • • • DCX Systems IPO GMP Today – Grey Market Premium Date Grey Market Premium (Rs) Kostak (Rs) Subject to Sauda (Rs) 02-11-2022 ₹ 80 ₹ 200 ₹ 5000 01-11-2022 ₹ 70 ₹ 200 ₹ 5000 31-10-2022 ₹ 70 ₹ 200 ₹ 5000 30-10-2022 ₹ 80 ₹ 200 ₹ 5000 29-10-2022 ₹ 80 ₹ 200 ₹ 5000 28-10-2022 ₹80 ₹225 ₹ 4500 DCX Systems IPO Price – Details Description IPO Details Public Issue Initial Public Issue of upto [.] Equity Shares of ₹ 2 (aggregating up to ₹ 500 Cr) Issue Open Date 31-Oct-22 Issue Close Date 02-Nov-22 Issue Type Book Building IPO Price Band ₹ 197 – ₹ 207 Face Value ₹ 2 Market Lot 72 Equity Shares and in multiples thereof Minimum Order Quantity 72 Equity Shares Maximum Subscription Amount for Retail Investor Rs. 2,00,000 Listing NSE, BSE NSE Symbol DCX IPO Market Timings 10.00 a.m. to 5.00 p.m. DCX Systems IPO GMP – FAQs - Advertisement - Disclaimer This IPO GMP is only for information purposes only, we do not guarantee 100% accuracy in the GMP, it may change from time to time. Please consult your financial advisor before investing. Investment/Trading in the securities market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equities, Derivatives, commodities, and Currency can be substantial. Follow us on

The three-day initial public offering (IPO) of DCX Systems, manufacturer of cables and wire harness assemblies, will open for public subscription today. The initial share sale, comprising fresh issuance of shares worth to Rs 400 crore and an offer for sale (OFS) of up to Rs 100 crore by existing shareholders, will be available for bidding for three trading days ending November 2. DCX Systems IPO: Price Band The price band for DCX Systems DCX Systems IPO: Issue Size The IPO consists of issuance of fresh equity shares worth Rs 400 with a face value of Rs 2 each. Existing promoters and shareholders will sell shares worth Rs 100 crore via an offer for sale (OFS). DCX Systems IPO: Lot Size Investors can subscribe to the DCX Systems IPO by betting for a lot of 72 shares or in multiples thereof. At the upper range of the price band, one lot of the IPO is worth Rs 14,904. A retail bidder can bid for 13 lots or 936 shares at maximum. DCX Systems IPO: Participating Shareholders NCBG Holdings and VNG DCX Systems IPO: Objective The company proposes to utilise the net proceeds from the fresh issue towards debt payment, funding working capital requirements, investment in its wholly-owned subsidiary Raneal Advanced Systems to fund its capital expenditure expenses and general corporate purposes. DCX mopped up Rs 225 crore through its anchor book on October 28, ahead of the public issue opening. A total of 12 investors participated in the anchor book and the company finalized the allocatio...