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DCX Systems IPO To Close Today: Check DCX Systems IPO GMP, Allotment And Listing Date

DCX Systems IPO
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 Learn more about India’s leading brand DCX Systems Limited and DCX Systems IPO and its GMP along with DCX Systems IPO opening date and closing date.

DCX Systems, one of India’s leading manufacturers of cable harnesses and electronic subsystems, announced its Initial Public Offering (IPO) of ₹500 crores on 31st October this year. Soon after this, DCX Systems IPO opening date and closing date were announced. We give you insights about everything you should know about DCX Systems Limited and DCX Systems IPO along with DCX Systems IPO listing date. Here you will also learn more about DCX Systems IPO GMP and DCX Systems Limited as a company.

About DCX Systems Limited and DCX Systems IPO

DCX Systems is a Bengaluru, Karnataka-based, company running since 2011. It has been working and is preferred as Indian Offset Partner for foreign OEMs for aerospace and defence product manufacturing. DCX Systems has customers in the US, Korea and Israel as well, including Fortune 500 companies. 

DCX Systems IPO was previously expected for ₹500 crores but now the equity share is cut to ₹400. Not just that, DCX Systems IPO also includes an Offer For Sale (OFS) of about ₹100 crores dedicated to the promoters, VNG Technology and NCBG Holdings Inc.

DCX Systems IPO: Objective

DCX Systems plans to use the capital accumulated from the IPO proceeds to fund its working capital. The company will use it for repaying the borrowed loans as well as prepayment of credits. DCX Systems is also set to invest the IPO profit in other subsidiaries and for general corporate expenditures.

DCX Systems IPO Dates

Here are the tentatively scheduled dates for the DCX Systems IPO subscription to be opened to the public.

  • DCX Systems IPO Opening Date and Closing Date

DCX Systems IPO opens on 31st October 2022 and closes 3 days later, on 2nd November 2022.

  • DCX Systems IPO Allotment Date

The allotment date of DCX Systems IPO is expected to be 7th November and refunds will be initiated from 9th November.

  • DCX Systems IPO Listing Date

DCX Systems IPO listing date is 11th November 2022. The list will be on BSE and NSE stock exchanges.

DCX Systems IPO Lot Size

The DCX Systems IPO lot size is kept at 72 shares per lot, each lot costing ₹14,904. Investors can subscribe for a minimum of 1 lot and go to a maximum of 13 lots. The price for each share is between ₹197 to ₹207 and the face value of ₹2 per share.


As of the recent market observations, DCX Systems has a GMP (Grey Market Premium) trade price of ₹85 on the closing day of DCX Systems IPO. DCX Systems IPO GMP has been consistent with the significant 40% premium in the last few days.

DCX Systems IPO: Financials

The financial report of DCX Systems states that the company has seen a growth of CAGR 56.64% between the years 2020 and 2022. The revenue has bounced from ₹449 crores to ₹1,102 crores in the above-mentioned years. As of March 2022, DCX Systems’ order book evaluates to ₹2,369 crores.


This was all you needed to know about DCX Systems IPO subscription. While investing in stocks, you must always research the market situation and the risks involved. Have a wonderful trading season with this new IPO and we expect DCX Systems IPO to have a fairly good subscription rate by the end of 2nd November.

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