DCX Systems is primarily engaged in system integration and manufacturing a comprehensive array of cables and wire harness assemblies and are also involved in kitting.
DCX Systems IPO worth Rs. 500 crores open on 31st October and closes on 2nd November.
Objective of DCX Systems IPO The proceeds will be used: 1. debt payment, 2. funding working capital requirements, 3. investment in its wholly-owned subsidiary Raneal Advanced Systems to fund its capital expenditure expenses 4. general corporate purposes
DCX Systems IPO lot size is 72 shares per lot. A retail-individual investor can apply for up to 13 lots (936 shares or ₹193,752).