DCX Systems IPO Allotment Status, Dates, Subscription Status

DCX Systems IPO Allotment Status, Dates, and Subscription Status can be checked from the official app of your trading.┬áInvestors are anxiously awaiting the disclosure of the share allotment status after the conclusion of the bidding for DCX Systems Ltd.’s first public offering on Wednesday, November 2nd.

Regarding the Grey Market Premium, according to market watchers, shares of DCX Systems are now trading at a premium of Rs. 74, according to a report by Live Mint. This article will provide the details you want about the DCX Systems IPO Allotment Status.

According to NSE’s data, the initial public offering (IPO) for DCX Systems got bids for 101.27 crore shares, but only 1.45 crore shares were available for purchase. The shares set aside for the category of QIBs received a subscription rate of 84.32 times. The portion set aside for RIIs received a subscription rate of 61.77 times. The limitation for investors not affiliated with an institution was met 43.97 times over.

The DCX Systems IPO Allotment Status may get finalized on November 7th. On the other hand, the firm’s shares will get listed on stock exchanges such as BSE and NSE on November 11th, 2022. Once the status of the share allocation for DCX Systems IPO got declared, investors will be able to verify it online by going to the official website of BSE or the website of the registrar of the IPO, which is Link Intime India Private Ltd.

The first public offering (IPO) of DCX Systems will begin on October 31st, 2022, and end on November 2nd, 2022. The date for the DCX Systems initial public offering (IPO) bid is from October 31st, 2022, at 10:00 AM to November 2nd, 2022, at 5:00 PM. On the day the issue is closing, the confirmation of a UPI mandate must be completed by 5 PM.

The subscription status for DCX Systems’ initial public offering began on Monday, October 31st, 2022, and will end on Friday, November 2nd, 2022. DCX Systems plans to generate around 7.87 crores via an initial public offering. The quota for retail sales is 10%, the quota for QIB is 75%, and the quota for HNI is 15%. The price range for each equity share is predetermined to be 197 to 207. The IPO will get listed on both the BSE and the NSE.

DCX Systems Limited was established in 2011 and had its headquarters in Bengaluru, located in the Karnataka state. They are one of the companies in India that are seeing the most rapid expansion in the field of system integration and cable and wire harnessing for the Indian defense sector.

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When will the subscription period for the DCX Systems IPO begin?

The subscription period for the initial public offering (IPO) begins on October 31st, 2022, for QIB, NII, and Retail Investors.

How can I subscribe to the IPO for DCX Systems?

When subscribing, you have the choice between ASBA and non-ASBA solutions. You can apply for an IPO online via ASBA by going to your bank account and downloading the application form from the ASBA website. You can also receive a hardcopy form to fill out and send to your broker or bank.

How can I see the live subscription numbers for the DCX Systems IPO today?

Visit our website to see live IPO subscription figures, which are updated hourly based on information obtained from the official websites. On the individual initial public offering (IPO) page of official websites, one can verify the live subscriptions.

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