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DCXINDIAEQ / NSE, BSEListed
DCX Systems

DCX Systems Limited, established in 2011, is one of India’s leading manufacturers of electronic sub-systems and cable harnesses, and a preferred Indian Offset Partner (IOP) for global aerospace and defence OEMs. The company operates a modern manufacturing facility at the Hi-Tech Defence and Aerospace Park SEZ in Bengaluru, commissioned in 2020. As of June 30, 2022, it served 26 customers across Israel, the US, Korea, and India, including major Fortune 500 companies, MNCs, domestic OEMs, PSUs, and start-ups, with key clients such as Elta Systems, Israel Aerospace Industries, Bharat Electronics Limited, and Astra Rafael Comsys. DCX’s operations span system integration for radar, sensors, electronic warfare, missiles, and communication systems; cable and wire harness assemblies; and the supply of assembly-ready electronic and electro-mechanical kits. For FY 2020, 2021, and 2022 and the quarters ended June 30, 2021 and June 30, 2022, the company reported revenues of ₹4,492.62 million, ₹6,411.63 million, ₹11,022.73 million, ₹1,229.14 million, and ₹2,132.54 million, respectively.

₹207 - ₹20769.79x sub
Listed Price₹287.00
Listing Gain+38.65%

IPO Schedule & Timeline

Bookbuilding IPO
Open31 Oct 2022
Close02 Nov 2022
Allotment09 Nov 2022
Listing11 Nov 2022

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB1,81,15,941 shares
75%
Nii (hni)36,23,188 shares
15%
Retail24,15,458 shares
10%

Minimum Application Lots

Retail1 Lot (72 shares)
₹14,904
sHNI14 Lots (1,008 shares)
₹2,08,656
bHNI68 Lots (4,896 shares)
₹10,13,472

Company Promoters

NCBG Holdings IncVng Technology Private Limited

Company Background

DCX Systems Limited, established in 2011, is one of India’s leading manufacturers of electronic sub-systems and cable harnesses, and a preferred Indian Offset Partner (IOP) for global aerospace and defence OEMs. The company operates a modern manufacturing facility at the Hi-Tech Defence and Aerospace Park SEZ in Bengaluru, commissioned in 2020. As of June 30...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-20 )₹465.23 Cr
Growth+261.5%
Revenue Trend (₹ in Crores)
0.0261.9523.8785.7Jun-21 Mar-21 Mar-20
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-20 465.239.74698.85133.98
Mar-21 683.2429.56793.18136.38
Jun-21 128.693.34763.41112.62

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Link Intime India Private Limited

Allotment Finalized
Allotment Date
09 Nov 2022
Official Status
Out / Finalized
Registrar
Link Intime India Private Limited
Listing Date
11 Nov 2022

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Limited

Direct allotment verification on the official registrar portal appointed for DCX Systems. Check with PAN or Application No.

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Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization09 Nov 2022Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date11 Nov 2022Trading commences on exchange

How to Check DCX Systems Allotment Online

1Open Portal

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2Select Company

Select DCX Systems from the issue drop-down list.

3Enter Details

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4View Allocation

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Prospectus & Official Filings

Allotment FAQs & Help

About DCX Systems IPO

Complete issue overview for DCX Systems (DCXINDIA) IPO. The issue features an equity share price band of ₹207 per share with a minimum retail lot size of 72 Shares (minimum application amount of ₹14,904). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions