What is the price band of the DCX System limited IPO?

The price band is ₹197–207 per share, and the final issue price is ₹207.

What is the lot size of the DCX System limited IPO?

One lot is 72 shares, so the minimum retail bid is ₹14,904 at the upper end of the price band.

How many times was the DCX System limited IPO subscribed?

It was subscribed 69.8x overall: QIB 84.3x, NII 44.0x and retail 61.8x as of 02 Nov 2022, 05:06 PM (NSE and BSE together).

DCX System limited IPO

DCX System limited (DCX) · mainboard IPO on NSE and BSE · 100% Book Building. NSE has no listing record for this issue: it may have listed on BSE only, or been withdrawn.

No NSE listing data Subscribed 69.8x

Issue details

Price band

₹197–207

Issue price

₹207

Lot size

72 shares

Min. retail bid

₹14,904

Max. retail bid

13 lots (₹1,93,752)

Issue size

₹554 Cr

Face value

₹2

Bidding

31 Oct – 02 Nov 2022

Listing

—

Retail quota

10% (75% QIB issue)

Registrar

Link Intime India Private Limited

Subscription status

Category	Shares offered	Shares bid for	Subscribed
QIB (institutions)	81,65,969	68,85,49,896	84.3x
NII (HNI) total	38,07,106	16,74,13,896	44.0x
Big NII (above ₹10 lakh)	25,38,070	11,53,25,640	45.4x
Small NII (₹2-10 lakh)	12,69,036	5,20,88,256	41.0x
Retail	25,38,071	15,67,80,360	61.8x
Total	1,45,11,146	1,01,27,44,152	69.8x

Bids on NSE and BSE together, as published by NSE, as of 02 Nov 2022, 05:06 PM. Shares offered exclude the anchor portion. 14% of all shares bid for were at the cut-off price.

Past IPOs with similar demand

Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to DCX System limited's, and how they listed.

IPO	QIB	NII	Retail	Total	Size	Listing gain	Day high
Dreamfolks ServicesAug 2022	70.5x	37.7x	43.7x	56.7x	₹562 Cr	+56.0%	+68.4%
Krsnaa DiagnosticsAug 2021	49.8x	116x	42.0x	64.4x	₹1,215 Cr	+5.4%	+15.3%
CSB BankNov 2019	62.2x	165x	44.5x	86.9x	₹410 Cr	+41.0%	+57.3%
RailTel Corporation of IndiaFeb 2021	65.1x	73.3x	16.8x	42.4x	₹820 Cr	+16.0%	+36.0%
Harsha Engineers InternationalSep 2022	178x	71.3x	17.6x	74.7x	₹794 Cr	+36.4%	+59.9%
Sigachi IndustriesNov 2021	86.5x	172x	80.5x	102x	₹125 Cr	+249.7%	+267.2%

Lead managers and their listing record

Book running lead manager	Mainboard IPOs since 2019	Avg listing gain	Listed at a premium
Edelweiss Financial Services	16	+25.0%	69%
Axis Capital	107	+20.4%	73%
Saffron Capital Advisors	4	-3.9%	25%

Offer documents (NSE)

Red Herring Prospectus (zip) Basis of issue price (zip) Anchor allocation (zip)

Frequently asked

What is the DCX System limited IPO price band and lot size? ₹197–207 per share, with a lot of 72 shares, so the smallest retail bid is ₹14,904.

How many times has it been subscribed? 69.8x overall: QIB 84.3x, NII 44.0x, retail 61.8x.

Other IPOs of 2022

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Important: The AI listing estimates on Flash Finance are statistical estimates drawn from how past Indian IPOs have listed. They are not a forecast of what any IPO will do, not a recommendation to apply, buy or sell, and not investment advice. Listing prices depend on market conditions on the listing day and can differ widely from any estimate; past patterns may not repeat. Subscription figures are as published by NSE (bids on NSE and BSE together) and can be revised. Flash Finance is not a SEBI-registered investment adviser or research analyst. Read the issue's Red Herring Prospectus and consult a SEBI-registered adviser before you invest.