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
View
DRHP
View
Open Date

2022-10-31

Close Date

2022-11-02

DCX Systems Ltd. IPO Details

Check out the issue details for DCX Systems Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 207

Price Band

₹ 197 - 207

Issue Size

500 Cr.

Issue Type

Book Built

Open

2022-10-31

Close

2022-11-02

Listingprice

₹ 287

ListingGain

38.65%

Listing Date

2022-11-11

CMP

₹ 320.5

Current Return

54.83%

DCX Systems Ltd. News

DCX Systems informs about analyst meet18 Nov, 5:26PM DCX Systems informs about newspaper publication14 Nov, 2:57PM DCX Systems - Quaterly Results12 Nov, 5:36PM DCX Systems - Quaterly Results12 Nov, 5:36PM DCX Systems secures export order from M/s. Lockheed Martin Global Inc8 Nov, 5:41PM DCX Systems informs about conference call7 Nov, 5:00PM DCX Systems bags orders worth Rs 10.31 crore30 Oct, 4:00PM DCX Systems’ arm bags export order from Lockheed Martin Global Inc28 Oct, 6:29PM DCX Systems informs about resignation of non-independent director 9 Oct, 5:20PM DCX Systems informs about receipt of purchase order19 Sep, 12:50PM DCX Systems bags export order worth Rs 154.80 crore19 Sep, 10:39AM DCX Systems’ arm gets industrial license from Government of India17 Sep, 5:28PM DCX Systems informs about newspaper publication4 Sep, 2:18PM DCX Systems informs about purchase order28 Aug, 5:26PM DCX Systems informs about receipt of order28 Aug, 4:58PM DCX Systems secures order worth Rs 187.29 crore28 Aug, 12:59PM DCX Systems informs about analyst meet 27 Aug, 10:38AM DCX Systems bags orders worth Rs 107.09 crore17 Aug, 10:35AM DCX Systems - Quaterly Results12 Aug, 7:58PM DCX Systems - Quaterly Results12 Aug, 7:58PM

Company Financials

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

Company Name

DCX Systems Ltd.

Exchange

NSE: DCXINDIA BSE: 543650

  Profit Loss
  Balance Sheet
  Quarterly
  Shareholding
  Cash Flow

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.

 

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 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 449.26 641.16 1102.27 1253.63 1423.4
Total Expenditure 443.05 631.08 1035.28 1169.72 1353.33
Operating Profit 6.22 10.08 67 83.91 70.06
Other Income 15.97 42.08 22.06 29.54 46.21
Interest 7.94 9.92 11.32 25.53 28.39
Depreciation 1.38 2.43 2.18 1.82 2.48
Exceptional Items 0 0 0 0 0
Profit Before Tax 12.87 39.81 75.56 86.1 85.4
Provision for Tax 3.12 10.25 9.95 14.09 17.3
Net Profit 9.74 29.56 65.61 72.01 68.1
Adjusted EPS (Rs.) 0.14 0.42 0.85 0.74 0.61

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 3.5 3.5 15.48 19.35 22.28
Total Reserves 13.67 43.29 102.12 547.71 1096.63
Borrowings 0 0 35.44 0 0
Other N/C liabilities 0.48 0.29 -2.76 -3.13 -0.54
Current liabilities 680.86 745.56 788.54 643.53 681.32
Total Liabilities 698.5 792.64 938.81 1207.46 1799.68
Assets
Net Block 16.6 15.6 14.65 15.16 32.33
Capital WIP 0 0 0 1.87 0
Intangible WIP 0 0 0 0 0
Investments 0 0 0.1 6.6 12.85
Loans & Advances 0.47 0.13 0.12 2.72 2.72
Other N/C Assets 0.2 0.23 0.24 0.4 1.06
Current Assets 681.23 776.68 923.69 1180.71 1750.73
Total Assets 698.5 792.64 938.81 1207.46 1799.68
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Other Income 12.09 11.01 13.95 16.2 20.36
Profit Before Tax 24.4 14.21 35.02 6.86 15.65
Tax 3.99 2.32 9.08 2.35 5.44
Profit After Tax 20.41 11.89 25.94 4.51 10.21
Adjusted EPS (Rs) 2.11 1.23 2.33 0.4 0.92

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 57.12 0
Jun 2024 59.78 0
Mar 2024 62.29 0
Dec 2023 71.73 0
Sep 2023 71.73 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 12.87 39.81 75.56 86.1 85.4
Adjustment -7.86 -15.21 -12.61 -9 -16.87
Changes in Assets & Liabilities 129.1 92.57 -184.37 -637.61 -54.73
Tax Paid -4.08 -3.18 -12.6 -25.15 -13.06
Operating Cash Flow 130.03 113.98 -134.03 -585.65 0.75
Investing Cash Flow 8.4 21.07 20.7 18.83 19.21
Financing Cash Flow 18.97 -2.34 364.22 358.02 223.37
Net Cash Flow 157.4 132.71 250.89 -208.81 243.34
X