Dcx ipo gmp today

• • • • DCX Systems IPO GMP Today – Grey Market Premium Date Grey Market Premium (Rs) Kostak (Rs) Subject to Sauda (Rs) 02-11-2022 ₹ 80 ₹ 200 ₹ 5000 01-11-2022 ₹ 70 ₹ 200 ₹ 5000 31-10-2022 ₹ 70 ₹ 200 ₹ 5000 30-10-2022 ₹ 80 ₹ 200 ₹ 5000 29-10-2022 ₹ 80 ₹ 200 ₹ 5000 28-10-2022 ₹80 ₹225 ₹ 4500 DCX Systems IPO Price – Details Description IPO Details Public Issue Initial Public Issue of upto [.] Equity Shares of ₹ 2 (aggregating up to ₹ 500 Cr) Issue Open Date 31-Oct-22 Issue Close Date 02-Nov-22 Issue Type Book Building IPO Price Band ₹ 197 – ₹ 207 Face Value ₹ 2 Market Lot 72 Equity Shares and in multiples thereof Minimum Order Quantity 72 Equity Shares Maximum Subscription Amount for Retail Investor Rs. 2,00,000 Listing NSE, BSE NSE Symbol DCX IPO Market Timings 10.00 a.m. to 5.00 p.m. DCX Systems IPO GMP – FAQs - Advertisement - Disclaimer This IPO GMP is only for information purposes only, we do not guarantee 100% accuracy in the GMP, it may change from time to time. Please consult your financial advisor before investing. Investment/Trading in the securities market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equities, Derivatives, commodities, and Currency can be substantial. Follow us on

DCX Systems IPO GMP: Three days bidding for the initial public offering (IPO) of DCX Systems is over and bidders are eagerly waiting for DCX Systems IPO allotment date, which is most likely on 7th November 2022. In three days of bidding, the public issue worth ₹500 crore got strong response from the investors. As per the DCX Systems IPO subscription status, the public issue got subscribed 69.79 times whereas its retail portion was subscribed 61.77 times. Meanwhile, grey market is also giving strong vibes in regard to the public issue. According to market observers, shares of DCX Systems are available at a premium of ₹80 in grey market today. DCX Systems IPO GMP today As per the market observers, ₹80, which is ₹12 higher from its yesterday's close. Market observers maintained that rise in grey market price is noticeable as it has risen despite dip in stock market sentiments for last two days. They said that one can expect better response towards the public offer once there is trend reversal in the secondary market sentiments. They went on to add that DCX Systems IPO GMP has remained around ₹80 for last few days and it reflects that grey market is expecting strong debut of DCX Systems shares on Dalal Street. However, stock market experts maintained that grey market premium should not be taken seriously as it has nothing to do with company's fundamentals. They went on to add that the GMP can be artificial as well because it involves even those people who have high stake invol...

The initial public offering (IPO) of Bengaluru-based DCX Systems garnered a strong response from investors so far on the final day of bidding. The initial share sale, which started on October 31, got fully subscribed on the very first day. On Wednesday, the Rs 500-crore issue attracted bids for 1,01,27,44,152 shares by 5 pm, which was 69.79 times the issue size of 1,45,11,146 shares. The quota reserved for non-institutional investors was subscribed 43.97 times while that of retail individual investors by 61.77 times. The portion reserved for qualified institutional buyers (QIBs) was subscribed 84.32 times. Latest grey market premium Market participants said DCX Systems IPO grey market premium (GMP) today is at Rs 85. It implies that the grey market is expecting the lender to list around Rs 292 (Rs 207 + Rs 85), which is more than 41 per cent higher than the IPO's upper band price of Rs 207 per equity share. Expert Views Manoj Kumar Dalmia, Founder and Director, Proficient equities Private limited: "DCX Systems is among the leading Indian players in the manufacturing of electronic sub-systems and cable harnesses. It had 26 customers in Israel, the United States, Korea and India, including certain Fortune 500 companies. With 'Make in India', 'Atmanirbhar Bharat' and other policies, DCXSL – is poised for bright prospects. Based on its financial performance, investors can 'Subscribe'." Ravi Singhal, CEO, GCL: "From our side must apply for the long-term and listing gains. The...

New Delhi: Manufacturer of cables and wire harness assemblies DCX Systems initial public offering (IPO) opening recieved positive response on Day 1 (October 31). On the first day of its subscription, the DCX Systems IPO was oversubscribed 2.11 percent. The three day IPO which will close on November 2, comprises an offer for sale of equity shares to the tune of up to Rs 100 crore by promoters -- NCBG Holdings Inc and VNG Technology. The company had on Friday said that it has raised Rs 225 crore from anchor investors days ahead of its IPO. HDFC Mutual Fund, Motilal Oswal Mutual Fund and BNP Paribas Arbitrage are among the anchor investors. (Also read: Former Tata Steel MD Jamshed J Irani dead) According to the company, 75 per cent of the issue size has been reserved for qualified institutional investors, 15 per cent for non-institutional investors and the remaining 10 per cent for retail investors. (Also read: Will Donald Trump return to Twitter? Elon Musk says THIS) Investors can bid for a minimum of 72 equity shares and in multiples of 72 equity shares thereafter. The company has decided to allocate over 1.08 crore equity shares to anchor investors at Rs 207 apiece, aggregating the transaction size to Rs 225 crore, according to a circular uploaded on BSE website. DCX Systems IPO Listing, GMP and other details The issue, with a price band of Rs 197 to Rs 207 per share, will likely list on BSE and NSE on November 11. As per reports, the DCX Systems latest GMP suggests a prem...