Dcx ipo grey market premium

Electronic sub-systems and cable harness manufacturer DCX Systems is enjoying a healthy double-digit premium in the grey market ahead of its initial public offering (IPO) next week. On October 25, DCX Systems shares traded with a 20 percent premium to the issue price in the grey market, an unofficial platform for trading in IPO shares, analysts said. Generally, investors look at the grey market to know the expected listing gains in an IPO. The offer opens for subscription on October 31 and closes on November 2. The company is planning to raise Rs 500 crore through the IPO, which comprises a fresh issue of Rs 400 crore and an offer for sale of Rs 100 crore, with a price band of Rs 197-207 per share. The improvement in equity market sentiment may be one of the key reasons for the strong grey market premium as the benchmark Nifty50 has rallied more than 5 percent in the current month. The premium can also be attributed to the company’s healthy order book, revenue visibility and increasing government's focus on the defence space. "The reason for the grey market premium can be attributed to its healthy order book of Rs 2,563 crore with operating margins of around 10 percent," Harshad Gadekar, Fundamental Research Analyst at GEPL Capital, said. Along with this, DCX has a strong track record of 55 percent return on equity and 16 percent return on capital employed for FY22. The company's post-issue market capitalisation would be Rs 2,000 crore which is decent considering the above...

Date GMP Kostak Subject to 11 November 2022 ₹85 ₹300 ₹5000 10 November 2022 ₹85 ₹300 ₹5000 09 November 2022 ₹75 ₹300 ₹5000 08 November 2022 ₹75 ₹300 ₹5000 07 November 2022 ₹75 ₹300 ₹5000 06 November 2022 ₹80 ₹300 ₹5000 05 November 2022 ₹80 ₹300 ₹5000 04 November 2022 ₹80 ₹300 ₹5000 03 November 2022 ₹80 ₹200 ₹5000 02 November 2022 ₹80 ₹200 ₹5000 01 November 2022 ₹80 ₹200 ₹5000 31 October 2022 ₹80 ₹200 ₹5000 30 October 2022 ₹80 ₹200 ₹5000 29 October 2022 ₹80 ₹200 ₹5000 28 October 2022 DCX Systems IPO Dates and Review DCX SystemsIPO Dates & Price Band : IPO Open: Oct 31, 2022 IPO Close: Nov 2, 2022 IPO Size: Approx ₹ 500 Crores Price Band: ₹197 to ₹207 per share Listing on: BSE & NSE Retail Portion: Not more than 10% of the Offer Equity: –Equity Shares Face Value: ₹2Per Equity Share DCX Systems IPO Market Lo • Shares : –Shares • Minimum Amount: ₹ 14,904 • Maximum Amount: ₹ 193,752 DCX Systems IPOAllotment & Listing : • Basis of Allotment: Nov 7, 2022 • Refunds: Nov 9, 2022 • Credit to Demat accounts: Nov 10, 2022 • Listing: Nov 11, 2022 About DCX Systems – Also Read DCX Systems Allotment Status Disclaimer: – IPO Grey Market Premium ( DCX Systems IPO GMP) mention is valid for the specific date as mentioned in the header. – We are not buying and selling IPO forms on IPO Grey Market. – Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue. – Do not subscribe for IPO by j...

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...

The share allotment status of DCX Systems' initial public offering (IPO) would be finalised on Monday. The initial share sale of Bengaluru-based company got subscribed 69.79 times on the last day of subscription (November 2). The public offer received bids for 101.27 crore shares against 1.45 crore shares on offer, NSE data showed. The qualified institutional buyers' (QIBs') portion got subscribed 84.32 times, while the non-institutional investors' category received 43.97 times subscription. The quota for retail individual investors (RIIs) got subscribed 61.77 times. The offer had a fresh issue of up to Rs 400 crore and an offer for sale of up to Rs 100 crore. Here's how to check the share allotment status on BSE: * Open https://www.bseindia.com/investors/appli_check.aspx on your browser; * Select 'Equity' option and issue name – 'DCX Systems' from the dropdown; * Enter your application number and PAN (Permanent Account Number) details * Check 'CAPTCHA' and click submit to view the status. Latest grey market premium Market participants said DCX Systems IPO grey market premium (GMP) today is at Rs 80. It implies that the grey market is expecting the lender to list around Rs 287 (Rs 207 + Rs 80), which is more than 38 per cent higher than the IPO's upper band price of Rs 207 per equity share. The company aims to utilise the net proceeds from the fresh issue towards debt payment, funding working capital requirements and investment in its wholly-owned subsidiary Raneal Advan...

Bengaluru-based DCX Systems, a Bengaluru-based manufacturer of cables and wire harness assemblies, commanded a premium in the grey market — or an unofficial market for unlisted securities — a day after the company's IPO concluded with a strong response across different types of investors. The IPO — to raise up to Rs 500 crore — included fresh issuance of shares worth Rs 400 crore.

The IPO of Bengaluru-based DCX Systems (DCX) opens for subscription on 31 October and will close on 2 November. DCX IPO price band has been fixed at Rs 197-207 per equity share of face value Rs 2 each. Ahead of the IPO, the company raised Rs 225 crore via anchor book . The company plans to raise Rs 500 crore through this public issue that includes a fresh issue of Rs 400 crore and an offer for sale (OFS) of Rs 100 crore. After the IPO, the promoter shareholding will decline 24.61% and come down to 73.58% from the current 98.19% stake held by the them in the company. Of the total offer size, 75% of the net offer is reserved for qualified institutional buyers (QIBs), 15% for non-institutional investors (NIIs) and the remaining 10 percent is for retail investors. Investors can bid for a minimum lot size of 72 shares and in multiples thereof. A retail investor can apply for upto 13 lots or 936 shares for an amount of Rs 1,93,752. Out of the total proceeds from the fresh issue, Rs 110 crore will be utilized for the prepayment/repayment of debt, while Rs 160 crore will be used to fund the working capital requirement. Another Rs 44.9 crore will be utilized to invest in wholly-owned subsidiary, Raneal Advanced Systems to fund its capital expenditure expenses. DCX Systems shares are commanding a grey market premium (GMP) of Rs 75 on Monday. The shares of the company are expected to list on stock exchanges BSE and NSE on 11 November 2022. IKIO Lighting IPO opens for subscription, GM...

DCX Systems latest IPO GMP Today is ₹75(+/-2), last updated on Nov 11th 2022 08:55 AM. Given at the price band of 207, the estimated listing price for the DCX Systems IPO is ₹282 (cap price + today's GMP). The expected gain/loss per share in terms of percentage is 36.23%.• DCX Systems IPO Retail Kostak: ₹250 • DCX Systems IPO Retail Subject to Sauda: ₹4800 • DCX Systems IPO Small HNI Subject to Sauda: ₹63000 • DCX Systems IPO Big HNI Kostak: ₹7500 • DCX Systems IPO Big HNI Subject to Sauda: ₹63000 We update GMP on daily basis and based on the last 22 sessions grey market activities, The current GMP (₹75) is showing signals towards the lower side. With this trend, it can go further down on listing day. The lowest GMP is recorded at ₹40 while the highest GMP is ₹86. Stay tuned with us to know the day-by-day DCX Systems IPO GMP Performance along with its expected listing price. DCX Systems Day-wise IPO GMP Trend GMP Date GMP S2S Estimated Listing Price Last Updated Time 11-11-2022 ₹75 4800 ₹282 (36.23%) 11-Nov-2022 07:55:18 AM 10-11-2022 ₹81 4800 ₹288 (39.13%) 10-Nov-2022 02:42:52 PM 09-11-2022 ₹85 4800 ₹292 (41.06%) 9-Nov-2022 08:01:44 AM 08-11-2022 ₹75 4800 ₹282 (36.23%) 8-Nov-2022 07:46:37 AM 07-11-2022 ₹75 4800 ₹282 (36.23%) 7-Nov-2022 10:38:21 AM 06-11-2022 ₹73 4800 ₹280 (35.27%) 6-Nov-2022 09:32:26 AM 05-11-2022 ₹73 4800 ₹280 (35.27%) 5-Nov-2022 09:31:44 AM 04-11-2022 ₹73 4800 ₹280 (35.27%) 4-Nov-2022 04:36:24 PM 03-11-2022 ₹65 - ₹272 (31.40%) 3-Nov-2022 02:25:53 PM 03-...

November 11, 2022 admin [ssba] DCX Systems IPO Analysis @ Chanakyanipothi.com, India`s Oldest & most Trusted Investment Blog. Operational since 8th December 1999, we are the Only Investment Platform in India, which has successfully completed 22 Years DCX Systems IPO listed at Rs. 287. DCX Systems IPO Listing Estimate: The business of the company falls in Defense category and the sector at present enjoys strong investor fancy. The IPO has received impressive oversubscription and also has retained grey market fancy till date. We expect the shares to get listed at around Rs. 290 and during the first trading session, the scrip is expected to touch Rs. 320. Since the market is passing through liquidity crunch, we expect severe selling pressure on listing, which can affect the uptrend at this counter for first few sessions. (Listing on 11 Nov 2022) IPO guidance , you will love to study: DCX Systems IPO Subscription Status The IPO has received impressive response until now. The retail portion is oversubscribed by 60 times, which a good sign. Overall subscription is 69 times at the 4.00 pm on last day. # On 2 November 2022 @ 5.00 pm QIB : 8165969 Shares, 84.32T Big NII : 2538070 Shares, 45.44T SmallNII: 1269036 Shares, 41.05T RII : 2538037 Shares, 61.77T Total : 145,11,146 Shares, 69.79T DCX Systems IPO Grey Market News Today # Observation: Our reports from the grey market suggest, this small IPO will retain solid fancy. for latest updates of Grey Market, DCX Systems IPO Company D...

The initial public offering (IPO) of DCX Systems, a manufacturer of cables and wire harness assemblies, will open for public subscription next week on Monday, October 31, 2022. The company has cut the size of its fresh issue of equity shares to Rs 400 crore from Rs 500 crore planned earlier. Apart from the fresh issue, the DCX Systems IPO: Subscription The Rs 500 crore initial public offering (IPO) of DCX Systems will close for subscription on Wednesday, November 2, 2022. DCX Systems IPO: Price Band The price band for DCX Systems IPO has been fixed at Rs 197-207 per share. 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. Edelweiss Financial Services, Axis Capital and Saffron Cap...

Electronic sub-systems and cable harnesses manufacturer DCX Systems is likely to make investors happy at its market debut on November 11, as analysts largely expect a listing premium of around 35-40 percent over its issue price of Rs 207. The expected listing premium is largely similar to the grey market premium. Positive equity market environment, reasonable valuations, healthy demand from investors for the initial public offering (IPO), rising demand for the aerospace and defence segments with consistent capex by the government under the Atmanirbhar Bharat initiative, and strong financial performance are key reasons for the expected strong listing premium, analysts said. According to them, DCX Systems’ shares were trading at 36-41 percent premium in the grey market at the time of writing this article. The grey market, an unofficial trading platform, is generally used by investors to gauge the expected listing price of any IPO. "Backed by a supportive secondary market and fancy sector demand, DCX Systems is signalling a strong debut with a healthy premium on its issue price of Rs 207 per share. Considering the excellent response from investors for the IPO, we assume listing would be around Rs 280-290 levels, which translates to about 40 percent premium at the upper end of the IPO," Prashanth Tapse, Senior VP-Research at Mehta Equities, said. Click Here To Read All IPO Related News Astha Jain, Senior Research Analyst at Hem Securities, also expects DCX Systems to list at 3...