DCX Systems Limited 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
In Fiscal 2020, 2021 and 2022 and in the three months ended June 30, 2021, and June 30, 2022, DCX Systems’ revenue from operations was Rs. 4,492.62 million, Rs. 6,411.63 million Rs. 11,022.73 million, Rs. 1,229.14 million and Rs. 2,132.54 million, respectively.
The company’s business verticals:
1. System integrationin areas of radar systems, sensors, electronic warfare, missiles, and communication systems.
2. Cable and Wire Harness Assemblies.
3. The company supplies assembly-ready kits of electronic and electro-mechanical parts.
DCX Systems IPO Date & Price Band :
| IPO Open: | Oct 31, 2022 |
| IPO Close: | Nov 2, 2022 |
| IPO Size: | ₹500 Crores |
| Price Band: | ₹197 to ₹207 per share |
| Listing on: | BSE & NSE |
| Retail Portion: | Not more than 10% of the Offer |
| Equity: | – shares |
| Face Value: | ₹2 per share |
DCX Systems IPO Market Lot:
- Shares: Minimum 72 shares
- Minimum Amount: ₹14,904
- Maximum Amount: ₹193,752 Advertisement
DCX Systems IPO Allotment & Listing:
- Basis of Allotment: Nov 7, 2022
- Refunds: Nov 9, 2022
- Credit to Demat accounts: Nov 10, 2022
- Listing: Nov 11, 2022
DCX Systems IPO Form Download:
How to apply for the DCX Systems IPO? You can apply for DCX Systems IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the DCX Systems IPO in the Invest section. The other option is you can apply for DCX Systems IPO via IPO forms downloaded via NSE and BSE. Check out the DCX Systems forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
DCX Systems Financial:
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-20 | 698.85 | 465.23 | 9.74 |
| 31-Mar-21 | 793.18 | 683.24 | 29.56 |
| 30-Jun-21 | 763.41 | 128.69 | 3.34 |
Peer Group
- Bharat Electronics Limited
- Data Patterns (India) Limited
- Paras Defence and Space Technologies Ltd
- Astra Microwave Products Ltd
- Centum Electronics Ltd
Company Promoters
- Dr. H.S. Raghavendra Rao
- NCBG Holdings Inc.
- VNG Technology Private Limited
Quick Links
Objectives of the IPO
- Funding capital expenditure requirements for developing an R&D facility and expansion / setting up of manufacturing facilities.
- Funding long-term working capital requirements.
- General corporate purposes.
DCX Systems IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: dcxsystems.ipo@linkintime.co.in
Website: https://linkintime.co.in/
DCX Systems IPO Lead Managers:
- Edelweiss Financial Services Ltd
- Axis Capital Limited
- Saffron Capital Advisors Private Limited
Company Address:
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: http://www.dcxindia.com/
Also Read- DCX Systems IPO Subscription (Live) DCX Systems IPO Grey Market Premium
What is DCX Systems IPO Open Date for QIB, NII, and Retail?
DCX Systems IPO will open on Oct 31, 2022
DCX Systems IPO Size?
DCX Systems IPO size is Approx ₹500 Crores
DCX Systems IPO Price Band?
DCX Systems IPO Price Band is ₹197 to ₹207 per share
DCX Systems IPO Minimum Lot Size?
The minimum bid is 72 Shares with a ₹14,904.
What is DCX Systems IPO Allotment Date?
DCX Systems IPO allotment date is Nov 7, 2022
What is DCX Systems IPO Listing Date?
DCX Systems IPO listing date is Nov 11, 2022. The IPO is to list on BSE and NSE.