ProductsPricingResearchSupportPartner

-- / --

IPO Details

Issue Date

--

Investment/lot

--

Price Range

197 - 207

Lot Size

--

IPO Size

₹ 500.00 Cr

IPO Listing Details

Listing On

11 Nov'22

Issue Price

207

Listed Price

₹ 287

Retail Gain/Listing Gain

38.65%

Start date

End date

Allotment of bids

Refund Initiation

Listing on exchange

DCX Systems Ltd (DSL) is among the leading Indian players for the manufacture of electronic sub-systems and cable harnesses in terms of manufacturing capability and revenue in FY22 in the defence and aerospace sector (Source: Company Commissioned F&S Report).

The company is primarily engaged in system integration and manufacturing a comprehensive array of cables and wire harness assemblies and is also involved in kitting. It 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. It is a rapidly growing company in the Indian defence space with revenue from operations have grown at a CAGR of 56.64% between FY20 and FY22.

Over the years, the company has expanded its manufacturing capabilities and grown its order book. It operates through its manufacturing facility located at the Hi-Tech Defence and Aerospace Park SEZ in Bengaluru, Karnataka. Its facility is spread over an area of 30,000 square feet and is set up for complete in-house environmental and electrical testing and wire processing.

The company’s order book has increased from Rs 1,941.31 crore, as of March 31, 2020 to Rs 2,369 crore, as of March 31, 2022. As of June 30, 2022, its order book stood at Rs 2,563.63 crore to be executed in the FY23 to FY25.

Read More
Among the preferred Indian Offset Partners (IOP) for the defence and aerospace industry with global accreditations
Read More
Technology enabled and scalable end-to-end capabilities
Read More
Business model with visibility of cash flows; ability to mitigate operational and technology risk
Read More
Strategically located in aerospace SEZ with an advanced and modern manufacturing facility
Read More
Track record of consistent financial performance
Read More

Here are a few strategies DCX Systems Limited has for its business:

  • Continue expansion of product portfolio with complex technology-based products
  • 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
  • Pursue inorganic growth through selective acquisitions

And finally here’s a look at key financials of DCX Systems Limited.

Particulars (in Rs. million)

Particulars (in Rs. million)

What are you looking for?
Applying for an IPO for the first time?
Here's a video playlist to help you invest in the upcoming DCX Systems Limited IPO
How to apply for IPO through ASBA

How to apply for IPO through ASBA

00m 58s

DCX Systems Ltd IPO FAQs

DCX Systems Ltd will list on 2022-11-11.

500.00 is the issue size of DCX Systems Ltd IPO.

The price band of DCX Systems Ltd IPO is ₹197 to ₹207.

The DCX Systems Limited IPO has an issue size of Rs. 500 crore. The IPO opens for subscription on 31st October and ends on 2nd November.

To be announcedv

Link Intime India Private Limited is the registrar for this IPO.

The dates are yet to be decided.

You can read more about DCX Systems Limited and its IPO from the company’s red herring prospectus (RHP) here.

Open Demat Account to Invest in any IPO
+91 -

personImage
Open Demat Account to Invest in any IPO
+91 -