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Company Name:

DCX Systems Limited

Symbol

DCX

Issue Date

Oct 31 to Nov 2, 2022

Issue Size

₹500 Cr

Lot Size

72 Shares

Issue Price

₹197 to ₹207 per share

Min Investment

₹14,904

Allotment Date

Nov,07 2022

Listing Date

Nov, 11 2022

IPO Block

RHP

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Company Profile

DCX Systems is primarily engaged in system integration and manufacturing a comprehensive array of cables and wire harness assemblies and are also involved in kitting.

  • The firm is among the leading Indian players for the manufacture of electronic sub-systems and cable harnesses in terms of manufacturing capability and revenue in FY2021.
  • It is also one of the largest Indian Offset Partner (“IOP”) for ELTA Systems Limited and Israel Aerospace Industries Limited, System Missiles and Space Division (together, the “IAI Group”), Israel, for the Indian defence market for manufacture of electronic sub-systems and cable and wire harness assemblies.
  • The manufacturing facility located at the Hi-Tech Defence and Aerospace Park SEZ in Bengaluru, Karnataka.
  • It has 26 customers in Israel, United States, Korea and India, including certain Fortune 500 companies, multinational corporations and start-ups.
  • The company caters to a mix of domestic and international customers and key customers include Elta Systems Limited, Israel Aerospace Industries Limited – System Missiles and Space Division, Bharat Electronics Limited, Astra Rafael Comsys Private Limited, Alpha-Elsec 155 156 Defense and Aerospace Systems Private Limited, Alpha Design Technologies Private Limited, Astra Microwave Products Limited, Kalyani Rafael Advanced Systems Private Limited, SFO Technologies Private Limited and DCX-Chol Enterprises Inc.
(amt in.cr)
YearMar’2022Mar’2021Mar’2020
Total Assets942.62793.18698.85
Total Revenue1123.33683.24449.3
Profit after Tax65.6129.69.74
Net Worth
Reserves and surplus102.1143.2813.67

Financials

SWOT

Technology enabled and scalable end-to-end capabilities.

 Well-positioned to capitalize on industry tailwinds.

Track record of consistent financial performance.

Ability to mitigate operational and technology risk.

Business is dependent on the sale of our products and services to key customer.

Any changes in offset defence policy or a decline or reprioritisation of funding in the Indian defence budget, or delays in the budget process will affect the company.

Important Date’s

October 26, 2022

Price Band Announcement:

October 26, 2022
October 28, 2022

Anchor Investors Allotment

October 28, 2022
October 31, 2022

IPO Open Date

October 31, 2022
November 2, 2022

IPO Close Date

November 2, 2022
November 7, 2022

Basis of Allotment

November 7, 2022
November 9, 2022

Refunds

November 9, 2022
November 10, 2022

Credit to Demat Account

November 10, 2022
November 11, 2022

IPO Listing Date

November 11, 2022

FAQ