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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the DCX Systems Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹207
Per ShareLot Size
72 Shares
Minimum Investment
₹14,904
Issue Size
₹500 Cr
Face Value
₹2
Per ShareIPO Type
Book Building
Retail Quota
10%
QIB Quota
75%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
98.2%
Issue Type
Book Building
ISIN
INE0KL801015
DCX Systems Ltd is among the leading Indian players for the manufacture of electronic sub-systems and cable harnesses in terms of manufacturing capability and revenue in Fiscal 2022 in the defence and aerospace sector. The Company commenced operations in 2011 and has been a preferred Indian Offset Partner for foreign original equipment manufacturers for executing aerospace and defence manufacturing projects. Over the years, it has expanded its manufacturing capabilities and grown its order book. As of June 30, 2022, the company had 26 customers in Israel, United States, Korea and India.
The defence manufacturing industry in India is an integral segment of the country's economy. India is noted to be among the top importers of defence equipment over the last five years to gain technological advantages over competing countries such as Pakistan and China. The Government of India has taken many measures to stimulate 'Make in India' operations through policy support programmes in order to modernize its armed forces and minimize reliance on overseas defence acquisition. Military modernization programs are poised to account for US$ 130 billion in the coming five years.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
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 4,830,916^ equity shares aggregating to Rs. 1,00.00^ crores comprising an offer for sale of 2,415,458^ equity shares aggregating to Rs. 50.00^ crores by NCBG Holdings Inc., 2,415,458^ equity shares aggregating to Rs. 50.00^ crores by VNG Technology Private Limited (collectively, the "Promoter Selling Shareholders", and each individually, as a "Promoter Selling Shareholder" and such offer for sale of equity shares by the promoter selling hareholders, the "Offer for Sale"). The offer constitutes 24.97%^ of the post-offer paid-up equity share capital of the company. ^ Subject to finalisation of basis of allotment The face value of the equity shares is Rs. 2 each and the offer price is 103.5 times the face value of the equity shares.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
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*Real-time data subject to exchange updates
DCX Systems Limited was incorporated as "DCX Cable Assemblies Private Limited" on December 16, 2011, at Bengaluru, Karnataka as a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation issued by the Registrar of Companies, Karnataka ("RoC"). Thereafter, the name of the Company was changed to `DCX Systems Private Limited' pursuant to a special resolution dated November 24, 2021, passed by its shareholders and a fresh certificate of incorporation consequent upon change of name issued by the RoC on January 3, 2022. Pursuant to the conversion of the Company to a public limited company, in accordance with the special resolution passed by its Shareholders dated February 2, 2022, the name of the Company was changed to "DCX Systems Limited" and the RoC issued a fresh certificate of incorporation on February 18, 2022.
Public sector undertakings and private players in the defence manufacturing industry, government departments, space organisations and defence forces.
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.