Categories: IPO

DCX Systems Limited IPO Details: IPO Open 31 Oct 2022

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 AmountUpto Rs 500.00 Crores
Post Issue Implied
Market Cap
Rs. 2002 Crore
Offer for Sale2,41,54,589 Equity shares of ₹2
(aggregating up to ₹500 Cr)
IPO Open DateOct 31, 2022 to Nov 2, 2022
Offer TypeBook Built Offer
Face ValueRs 2 Per Share
Price BandRs 197 to 207
Lot Size72 Shares
IPO RegistrarLink InTime India Private Ltd.
Issue Details

DCX Sys IPO Timeline, IPO Open Date, Listing Date, Refund Date

IPO Open Date31 October 2022
IPO Close Date2 November 2022
Time10 AM to 5 PM
Basis of Allotment Date7 November 2022
Initiation of Refunds9 November 2022
Credit of Shares to
Demat Account
10 November 2022
IPO Listing Date (Trading
Commence) NSE & BSE
11 November 2022
IPO Timeline, IPO Open Date, Listing Date, Refund Date

Offer Breakup

CategoryAllocation
Qualify Institutional Bidders (QIB)75%
Non Institutional Byers (NIB)15%
Retail Individual Investor (RII)10%
Employee
Total100%
Offer Breakup

Top Stock Brokers

Objects Of The Offer:

  1. Repayment/ prepayment, in full or part, of certain borrowings availed of by the Company.
  2. Funding working capital requirements of the Company.
  3. Investment in our wholly owned Subsidiary, Raneal Advanced Systems Private Limited, to fund its capital expenditure expenses.
  4. General corporate purposes.

Important Financial Data:

For the year/period ended (₹ in Crores) Last Three Year

Particulars
(in ₹ Crores)
As at March 31, 2021As at March 31, 2020As at March 31, 2019
Total Assets793699489
Total Revenue683465309
Net Profit & Loss
For The Period
After Tax
29.559.744.58
Important Financial Data

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

DCX Logo, DCX System Limited Logo

DCX System Limited

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