DCX Systems IPO
Defense/Aerospace - Listed on 11 November 2022
DCX Systems IPO listing summary
DCX Systems (Defense/Aerospace) closed its IPO window in 2022 and listed on NSE and BSE on 11 November 2022 at an upper band issue price of Rs 207, opening at Rs 308.45 for a listing gain of +49.0% and closing day one at Rs 281 (+35.7% on closing basis). The IPO was subscribed 86.03x overall - QIB 99.76x, HNI/NII 143.14x, Retail 53.71x. The total issue size was Rs 119 Cr (Fresh Issue Rs 119 Cr, OFS Rs 0 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
DCX Systems IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 65 | +31.40% |
| Day 2 | Rs 65 | +31.40% |
| Day 3 | Rs 65 | +31.40% |
| Day 4 | Rs 70 | +33.82% |
| Day 5 | Rs 70 | +33.82% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the DCX Systems IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
DCX Systems IPO - FAQs
What was the listing gain of DCX Systems IPO?
DCX Systems IPO listed at +49.0% versus the upper issue price of Rs 207 on 11 November 2022.
How many times was DCX Systems IPO subscribed?
DCX Systems IPO was subscribed 86.03x overall. QIB portion was subscribed 99.76x, HNI / NII 143.14x and Retail 53.71x.
What was the IPO GMP for DCX Systems?
IPO GMP started at Rs 65 on Day 1 and moved to Rs 70 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.