DCX Systems Ltd. IPO

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

RHP
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DRHP
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Open Date

2022-10-31

Close Date

2022-11-02

Company Financials

You can get the following financial statements of DCX Systems Ltd. as of now.

Subscription Details

The details about the DCX Systems Ltd IPO is as:

  • The issue size of the IPO is 500 Cr.
  • The price band for DCX Systems IPO is Rs 197 to Rs 207.
  • The shares of DCX Systems IPO will list on 11th Nov 2022.
  • The latest tentative GMP of DCX Systems IPO is Rs 75.
  • The shares of DCX Systems India IPO have been subscribed 69.79 Times as of 2nd November 2022.

 

DCX Systems Ltd IPO Valuation

The approx valuation of DCX Systems Ltd IPO based on its price band and RHP/DRHP (prospectus) is:

Particulars Value
Upper Price Band Rs 207
Existing Shares (Qty) 7.74 Cr
Fresh Issue (Amount) 400 Cr
Market Cap 2002.18 Cr
EPS (FY22) Rs 9.19
PE Ratio 22.52x
Industry PE 62.94x

 

DCX Systems Ltd IPO Issue Size

DCX Systems Ltd IPO issue size is 500 Cr.

Issue Amount
Fresh Issue 400 Cr
Offer For Sale 100 Cr

 

DCX Systems Ltd IPO Market Lot

An Individual can apply for a minimum 1 lot of 72 shares and a maximum of 13 lots of 936 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 72 Rs 14,904
 Maximum 13 936 Rs 1,93,752

 

DCX Systems India IPO Offer

The shares of DCX Systems India IPO have been subscribed 69.79 Times as of 2nd November 2022. The category-wise shares subscription are as follows:

Category % Offered Subscription
Qualified Institutional Minimum 75% 84.32 Times
Non-Institutional Maximum 15% 43.97 Times
Retail Individual Maximum 10% 61.77 Times
Total   69.79 Times

 

DCX Systems India Ltd IPO Grey Market Premium

As on GMP (Tentative)
5 November 2022 Rs 75
6 November 2022 Rs 75
7 November 2022 Rs 75
8 November 2022 Rs 75

It is purely for informational purposes and invest in an IPO after thoroughly researching on your own.

 

Allotment Details

Find below the dates for DCX Systems Ltd IPO:

Schedule Date
Basis of Allotment 7 Nov 2022
Refunds 9 Nov 2022
Credit to Demat Account 10 Nov 2022
IPO Listing Date 11 Nov 2022

Check allotment status

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 299.87 449.26 641.16 1102.27 1253.63
Total Expenditure 295.21 443.05 631.08 1035.28 1169.72
Operating Profit 4.66 6.22 10.08 67 83.91
Other Income 9.2 15.97 42.08 22.06 29.54
Interest 5.82 7.94 9.92 11.32 25.53
Depreciation 0.74 1.38 2.43 2.18 1.82
Exceptional Items 0 0 0 0 0
Profit Before Tax 7.3 12.87 39.81 75.56 86.1
Provision for Tax 2.72 3.12 10.25 9.95 14.09
Net Profit 4.59 9.74 29.56 65.61 72.01
Adjusted EPS (Rs.) 0.07 0.14 0.42 0.85 0.74

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 3.5 3.5 3.5 15.48 19.35
Total Reserves 3.95 13.67 43.29 102.12 547.71
Borrowings 0 0 0 35.44 0
Other N/C liabilities 1.46 0.48 0.29 -2.76 -3.13
Current liabilities 479.83 680.86 745.56 788.54 643.53
Total Liabilities 488.74 698.5 792.64 938.81 1207.46
Assets
Net Block 5.85 16.6 15.6 14.65 15.16
Capital WIP 2.8 0 0 0 1.87
Intangible WIP 0 0 0 0 0
Investments 0 0 0 0.1 6.6
Loans & Advances 0.33 0.47 0.13 0.12 2.72
Other N/C Assets 0.19 0.2 0.23 0.24 0.4
Current Assets 479.57 681.23 776.68 923.69 1180.71
Total Assets 488.74 698.5 792.64 938.81 1207.46
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Other Income 6.41 9.7 11.3 12.09 11.01
Profit Before Tax 19.97 50.4 11.77 24.4 14.21
Tax 2.68 9.31 1.92 3.99 2.32
Profit After Tax 17.29 41.09 9.85 20.41 11.89
Adjusted EPS (Rs) 1.79 4.25 1.02 2.11 1.23

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 62.29 0
Dec 2023 71.73 0
Sep 2023 71.73 0
Jun 2023 71.73 0
Mar 2023 71.73 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 7.3 12.87 39.81 75.56 86.1
Adjustment -4.09 -7.86 -15.21 -12.61 -9
Changes in Assets & Liabilities 118.67 129.1 92.57 -184.37 -637.61
Tax Paid -0.75 -4.08 -3.18 -12.6 -25.15
Operating Cash Flow 121.14 130.03 113.98 -134.03 -585.65
Investing Cash Flow 6.71 8.4 21.07 20.7 18.83
Financing Cash Flow 38.32 18.97 -2.34 364.22 358.02
Net Cash Flow 166.17 157.4 132.71 250.89 -208.81
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