DCX Systems Limited IPO Details: IPO Open 31 Oct 2022
About the company
DCX Systems Limited (formerly known as DCX Cable Assemblies Pvt Ltd) 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.
The company’s business verticals:
- System integration in areas of radar systems, sensors, electronic warfare, missiles, and communication systems.
- Cable and Wire Harness Assemblies.
- The company supplies assembly-ready kits of electronic and electro-mechanical parts.
Founded: 2011
Company Promoters & Managing Director of the Company
Promoters : NCBG Holdings Inc and Vng Technology Private Limited
Managing Director : H.S. Raghavendra Rao
DCX Systems Limited IPO Details
| Issue Amount | Upto Rs 500.00 Crores |
| Post Issue Implied Market Cap | Rs. 2002 Crore |
| Offer for Sale | 2,41,54,589 Equity shares of ₹2 (aggregating up to ₹500 Cr) |
| IPO Open Date | Oct 31, 2022 to Nov 2, 2022 |
| Offer Type | Book Built Offer |
| Face Value | Rs 2 Per Share |
| Price Band | Rs 197 to 207 |
| Lot Size | 72 Shares |
| IPO Registrar | Link InTime India Private Ltd. |
DCX Sys IPO Timeline, IPO Open Date, Listing Date, Refund Date
| IPO Open Date | 31 October 2022 |
| IPO Close Date | 2 November 2022 |
| Time | 10 AM to 5 PM |
| Basis of Allotment Date | 7 November 2022 |
| Initiation of Refunds | 9 November 2022 |
| Credit of Shares to Demat Account | 10 November 2022 |
| IPO Listing Date (Trading Commence) NSE & BSE | 11 November 2022 |
Offer Breakup
| Category | Allocation |
|---|---|
| Qualify Institutional Bidders (QIB) | 75% |
| Non Institutional Byers (NIB) | 15% |
| Retail Individual Investor (RII) | 10% |
| Employee | – |
| Total | 100% |
Objects Of The Offer:
- Repayment/ prepayment, in full or part, of certain borrowings availed of by the Company.
- Funding working capital requirements of the Company.
- Investment in our wholly owned Subsidiary, Raneal Advanced Systems Private Limited, to fund its capital expenditure expenses.
- General corporate purposes.
Important Financial Data:
For the year/period ended (₹ in Crores) Last Three Year
| Particulars (in ₹ Crores) | As at March 31, 2021 | As at March 31, 2020 | As at March 31, 2019 |
|---|---|---|---|
| Total Assets | 793 | 699 | 489 |
| Total Revenue | 683 | 465 | 309 |
| Net Profit & Loss For The Period After Tax | 29.55 | 9.74 | 4.58 |
Prospectus Document:
Download RHP File
Download DRHP File
Know all about this IPO
DCX System Ltd. IPO?
Issue Amount : Upto Rs 500 Crore.
What is DCX IPO?
IPO is a main-board IPO. They are going to raise ₹ 500 Crores via IPO. The issue is priced at ₹ 197 to ₹ 207 per equity share. The IPO is to be listed on BSE & NSE.
DCX IPO Open?
Monday, 31 October 2022 to Wednesday 2 November 2022.
DCX System Limited IPO Will Open?
The IPO is to open on 31 October 2022 for QIB, NII, and Retail Investors.
The DCX Sys. IPO Promoter Holding
Pre Issue Share Holding 98.20%
Post Issue Share Holding 73.58%
Company Address & Contact Info.
DCX Systems Limited
Aerospace SEZ Sector, Plot Numbers 29,30 and 107,
Hitech Defence and Aerospace Park, Kavadadasanahal
Village, Devanahalli Taluk, Bengaluru Rural 562110
Phone: +91 80 6711 9555 / 9535
Email: cs@dcxindia.com
Website: https://www.dcxindia.com/
DCX System Limited IPO Registrar
Link Intime India Private Limited
C 101, 247 Park L.B.S. Marg
Vikhroli (West), Mumbai 400 083
Maharashtra, India
Telephone: +91-22-4918 6270
E-mail: dcxsystems.ipo@linkintime.co.in
Website: www.linkintime.co.in
SEBI registration number: INR000004058
How to apply on Zerodha, DCX Sys Ltd. IPO through Zerodha?
Zerodha customers can apply online in Tarsons Products IPO using UPI as a payment gateway. Zerodha customers can apply in DCX Sys Ltd. IPO by login into Zerodha Console (back office) and Select an I.P.O application form.
Steps to apply in DCX Sys Ltd. IPO through Zerodha.
1. Visit the Zerodha website or Kite App and login to Zerodha.
2. Go to Console area and click the IPOs link.
3. Go to the ‘DCX Sys Ltd. IPO’ row and click the ‘Bid’ button.
4. Enter your UPI ID, Quantity, and Price.
5. ‘Submit’ IPO application form.
6. After Successfully submitting application, Visit the UPI App and approve the mandate (Enter your UPI pin & pay the ipo amount)
7. IPO application is complete you can check status on zerodha console.
Click Here to Open Zerodha Account
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