Business Standard

DCX Systems Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

500.00 cr

Price Range (₹)

207

Lot Size

72

Min Investment (₹)

14,904.00

Listing Exchange

MumbaiNSE

Open Date

31-Oct-2022

Close Date

02-Nov-2022

Listing Date

11-Nov-2022

DCX Systems Ltd News

    The Shares of DCX Systems Ltd have now been listed.

    DCX Systems Ltd IPO Details

    Initial public offering of 24,154,587^ equity shares of face value of Rs. 2.00 each (Equity Shares) of DCX Systems Limited (The Company or the Company or the Issuer) for cash at a price of Rs. 207 per equity share (including a share premium of Rs. 205 per equity share) (the Offer Price) aggregating to Rs. 5,00.00^ crores (the Offer) comprising a fresh issue of 19,323,671^ equity shares by the company aggregating to Rs. 4,00.00^ crores (the Fresh Issue) and an offer for sale of 4,830,916^ equity shares aggregating to Rs. 1,00.00^ crores comprising an offer for sale of 2,415,458^ equity shares aggregating to Rs. 50.00^ crores by NCBG Holdings Inc., 2,415,458^ equity shares aggregating to Rs. 50.00^ crores by VNG Technology Private Limited (collectively, the Promoter Selling Shareholders, and each individually, as a Promoter Selling Shareholder and such offer for sale of equity shares by the promoter selling hareholders, the Offer for Sale). The offer constitutes 24.97%^ of the post-offer paid-up equity share capital of the company.^ Subject to finalisation of basis of allotmentThe face value of the equity shares is Rs. 2 each and the offer price is 103.5 times the face value of the equity shares.

    Objective of issue

    Repayment/prepayment, in full or part of certain borrowings availed by the company. Funding working capital requirements of the company. Investment in the wholly ownded subsidiary, Reneal Advanced Systems Pvt Ltd, to fund its capital expenditure expenses. General corporate purposes.

    DCX Systems Ltd Contact Details

    DCX Systems Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

    Phone - 91-22-49186000

    Fax - 91-22-49186060

    Email - cs@dcxindia.com

    Website - www.dcxindia.com