Dcx Systems IPO: Issue Details, Open/Close Date | Research 360 by Motilal Oswal
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DCX Systems

CMP

329.80

+2.35 (0.72%)

₹207

Offer Price

₹ 500.00 Cr

Issue Size

₹ 14,904

Min Investment

69.79x

Times Subscribed

72

Lot size

Time Line

  • 31
    Oct 2022
    Open
  • 02
    Nov 2022
    Close
  • 07
    Nov 2022
    Finalisation of Basis of Allotment
  • 09
    Nov 2022
    Initiation of Refunds
  • 10
    Nov 2022
    Transfer of Shares to Demat Account
  • 11
    Nov 2022
    Listing Date

Shares Offered

Number of Times Subscribed

Objects of the Offer

  • Strengthen its system integration operations and further expand its cable and wire harness assembly business

  • Focus on adjacent industry verticals leading to expansion of customer base

  • Strengthen relationships with its existing customers and expand customer base

  • Penetrate into new geographies through an increase in exports

  • Continue to improve operational efficiencies through economies of scale, supply chain rationalization and effective resource planning

Products & Services

  • The Company manufactures of electronic sub-systems and cable harnesses

Strengths

  • Among the preferred Indian Offset Players for the defence and aerospace industry with global accreditations.

  • Technology enabled and scalable end-to-end capabilities.

  • Business model with visibility of cash flows and ability to mitigate operational and technology risk.

  • Strategically located in Special Aerospace Economic Zone with an advanced and modern manufacturing facility.

  • Well-positioned to capitalize on industry tailwinds.

Company Promoters

Promoters Holding

Issue For IPO
98.20%
Pre Holding

98.20%

Post Holding

-

Top Promoters Holding

Financials

All values in Cr

Mar-2021 Mar-2022 Mar-2023 3-Yr trend
Revenue 641.16 (-) 1,102.27 (71.90%) 1,253.63 (13.70%)
Gross Profit 42.24 (-) 77.73 (84.00%) 87.92 (13.10%)
Net Income 29.56 (-) 65.61 (122.00%) 72.01 (9.80%)
Assets 183.99 (-) 621.25 (237.70%) 1,072.01 (72.60%)
Liabilities 137.20 (-) 503.66 (267.10%) 504.95 (0.30%)

Peers

Company Name Revenue (Cr) Net Profit (Cr) Assets (Cr) Liabilities (Cr) ROE EPS BVPS Current Ratio Debt to Assets
DCX Systems Ltd 1,102.27 65.61 621.25 503.66 55.80 8.48 15.19 2.89 0.81
Bharat Electronics Ltd 15,368.18 2,398.87 33,910.58 33,910.58 19.52 9.85 50.49 7.07 0.00
Data Patterns (India) Ltd 310.85 93.97 706.67 706.67 16.35 19.48 110.70 13.29 0.01
Paras Defence and Space Technologies Ltd 182.56 27.04 457.68 457.68 8.04 7.78 86.33 5.90 0.09
Astra Microwave Products Ltd 750.46 37.87 968.53 968.53 6.46 4.37 67.61 3.91 0.12
Centum Electronics Ltd 783.26 -30.54 922.96 922.96 -14.97 -23.70 154.07 -3.30 1.34

Book Running Managers

  • Edelweiss Financial Services Ltd
  • Axis Capital Ltd
  • Saffron Capital Advisors Pvt Ltd

Registrar & Transfer Agent

Link Intime India Pvt Ltd

C-101 247 Park,
L B S Marg,
Vikhroli West - Mumbai-400083
Phone : 91-22-49186000 Fax: 91-22-49186060

Company Contact Information

Aerospace SEZ Sec. Plot No.29,,
30 & 107 HDA Park Devanahalli,
Bengaluru - 562110
Phone : 91-80-67119555 Email : cs@dcxindia.com www.dcxindia.com

Offer Related Information

Initial public offering of 24,154,587^ equity shares of face value of Rs. 2.00 each ("Equity Shares") of DCX Systems Limited (The "Company" or the "Company" or the "Issuer") for cash at a price of Rs. 207 per equity share (including a share premium of Rs. 205 per equity share) (the "Offer Price") aggregating to Rs. 5,00.00^ crores (the "Offer") comprising a fresh issue of 19,323,671^ equity shares by the company aggregating to Rs. 4,00.00^ crores (the "Fresh Issue") and an offer for sale of... More

News

  • 03 Nov 2022, 10:15 AM

    DCX System IPO ends with strong subscription

  • 02 Nov 2022, 17:39 PM

    DCX System IPO subscribed 69.79 times

  • 01 Nov 2022, 17:16 PM

    DCX System IPO subscribed 8.57 times

  • 31 Oct 2022, 17:36 PM

    DCX System IPO subscribed 2.11 times

DCX Systems FAQ's

The shares of DCX Systems were first listed on the stock exchanges on June 26, 2024.

The total issue size of the DCX Systems IPO was 1,10,00,000 shares, amounting to Rs. 132 crore. they

The minimum lot size for DCX Systems public issue was 125 shares.

The price band of the IPO of DCX Systems was Rs. 114 to Rs. 120 per equity share.

DCX Systems IPO is a public issue through which the company raised approximately Rs. 132 crore by issuing around 1.1 crore equity shares to the public. After a successful IPO, the company’s shares are currently listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), where they are freely traded without restrictions.

Bigshare Services Private Limited is the registrar and share transfer agent of DCX Systems IPO.

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