About DCX Systems Ltd IPO
From the government initiative of promoting domestic manufacturing to rising demand from foreign countries – multiple factors are driving India’s burgeoning defence industry. Against this backdrop, DCX Systems will be listing on the bourses soon.
It is one of the leading Indian players for the manufacturing of electronic subsystems and cable harnesses in the defence and aerospace sector. It is engaged in system integration in areas of radar systems, sensors, electronic warfare, missiles, and communication systems. It also manufactures cables and wire harness assemblies for a variety of uses including communication systems, sensors and surveillance systems.
Beside these two business verticals, it also supplies assembly ready kits of electronic and electro-mechanical parts and undertakes all aspects of procurement.
Now, this company is launching the DCX Systems IPO. The DCX Systems IPO Ltd will be a combination of fresh issue and an offer for sale. The money raised through the fresh issue will be used for repaying debt, funding working capital requirements and investing in its subsidiary.
Here’s a quick look at DCX Systems IPO’s strengths, weakness, opportunities and risks (SWOT analysis)
Strengths and opportunities
Weaknesses and threats
DCX Systems IPO Details
| DCX Systems IPO date
The offer document filed by the company with the SEBI mentions that the DCX Systems IPO’s opening date – in other words, the DCX Systems IPO launch date – will be on 31 October 2022. The DCX Systems IPO closing date is 2 November 2022. After this, investors will be updated about the allotment status on 7 November 2022.
Investors, who have been allotted shares, can expect them to be credited in their demat account on 10 November 2022. The DCX Systems IPO listing date is 11 November 2022. The listing date is the date on which the shares of a company get listed on the bourses – NSE and BSE.
| DCX Systems IPO price band
The entire IPO is a book-built issue. The DCX Systems IPO price band has been set between ₹197 and ₹207 per share. Interested investors can choose a price within this band to apply for the IPO.
The DCX Systems IPO listing price will be determined on 11 November 2022. The listing price is the price at which the shares of a company make their debut on the stock exchanges.
| DCX Systems IPO lot size
The DCX Systems IPO details have been declared. The DCX Systems IPO lot size is set at 72 shares, and an investor can apply for a minimum of 1 lot. Individual investors applying under the retail category can apply for up to 13 lots (936 shares). Meanwhile, the DCX Systems IPO issue size is ₹500 crore.
How to pre-apply for the DCX Systems IPO?
You can pre-apply for the DCX Systems IPO on Upstox. The pre-application for this IPO, which means pre-apply open date, usually begins a day before the IPO opens for subscription.
Follow these steps to pre-apply for the IPO:
How to apply for the DCX Systems IPO?
If you are interested in this investment opportunity but unsure how to apply for the DCX Systems IPO, here we are listing out the steps for you.
Here’s a step-by-step guide on how to apply for the DCX Systems IPO on Upstox:
How to check the DCX Systems IPO allotment status?
When the allotment process is completed, you can check the status of your application on the Upstox app. Share allotment is generally done around five to seven days after an IPO closes. This is also true in the case of the DCX Systems IPO.
The DCX Systems IPO’s closing date is 31 October 2022. The DCX Systems IPO’s allotment date has been set seven days later, on 7 November 2022.
Here’s a step-by-step guide on how to check the DCX Systems IPO allotment status:
Open a demat account with Upstox to apply for the DCX Systems IPO
To apply for the DCX Systems IPO, you need to mandatorily have a demat account. A demat account helps you hold the shares you buy in a dematerialised format. If you don’t have a demat account yet, you can open one with Upstox by visiting our website or by downloading the app.
Here is a step-by-step guide on how to open a demat account with Upstox:
This is all it takes to open a demat account with Upstox. Easy and quick, right?
Upstox – trading app to apply for the DCX Systems IPO
Applying for IPOs with Upstox is extremely easy. The user-friendly interface and top-notch security make Upstox one of the leading trading apps in India.
You can apply for the DCX Systems IPO on Upstox, provided you have a demat account. As mentioned in the previous section, you can simply follow the steps to open a demat account with Upstox. The biggest advantage is that when you apply for an IPO using your Upstox account, the brokerage charges are zero.
In fact, courtesy of its robust features and minimal charges, Upstox is among the most preferred trading apps. Lakhs of Indians trust Upstox as it is a reliable trading platform that makes IPO applications easy.
Pre-applying for the DCX Systems IPO means applying for this public issue before it goes live. Click here to pre-apply for the DCX Systems IPO on Upstox.
You can pre-apply for the DCX Systems IPO from 27 October 2022. Once the IPO goes live, you will receive a UPI mandate. Accept this to block the IPO application amount and successfully place your bid.
Click here to apply for the DCX Systems IPO on Upstox. You can also download our app and apply for the IPO.
The DCX Systems IPO launch date is 31 October 2022. The DCX Systems IPO will be open for subscription till 2 November 2022.
The DCX Systems lot size is 72 shares and the minimum investment required is ₹14,184.
The DCX Systems IPO price band is ₹197-₹207 per share.
The size of the DCX Systems IPO is ₹500 crore.
You can place up to three bids for an application.
No, the bids have to be placed at one go. If you want to add an additional bid, then you would have to delete your application and re-apply.
If shares are allotted, then they will be credited to your demat account on 7 November 2022.
Shares of DCX Systems will list on BSE and NSE.
DCX Systems shares’ listing date is 11 November 2022.