DCX Systems IPO allotment: Your step-by-step guide to check subscription status online; check listing date

Link Intime Private Limited (linkintime.co.in) is the official registrar appointed for DCX Systems IPO. Photo credit: Zee Business

DCX Systems IPO Allotment: DCX Systems, manufacturer of cables and wire harness assemblies, is likely to announce the allotment status of its initial public offering (IPO) today, The Bengaluru-based company has fixed November 7 as the tentative date for the announcement. The IPO has got a strong response from investors and according to the NSE date, it received bids for 101.27 crore shares against 1.45 crore shares on offer. It received 69.79 times subscription on the final day on Wednesday.

The category for Qualified Institutional Buyers (QIBs) got subscribed 84.32 times, while the portion for Retail Individual Investors (RIIs) received 61.77 times subscription and the non-institutional investors quota was subscribed 43.97 times. The offer had a fresh issue of up to Rs 400 crore and an offer for sale of up to Rs 100 crore.

DCX Systems IPO Price Band

The price band of DCX Systems has been fixed at Rs 197-207 per share. Ahead of its initial share sale, the company raised Rs 225 crore from anchor investors.

DCX Systems Shares Listing Date

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DCX Systems shares will list on NSE and BSE. DCX Systems shares listing date is November 11.

DCX Systems IPO allotment: Step-by-step guide to check status online

Those who have applied for DCX Systems IPO allotment can check the status of the IPO application online. For this, one can either visit the official website of the Bombay Stock Exchange (BSE) or can use a direct link.

DCX Systems IPO allotment: Check status on BSE

Step 1: As stated earlier, a bidder can visit the official website of the BSE to check the status of the IPO application online. Alternatively, he or she can directly click on the link - https://www.bseindia.com/investors/appli_check.aspx

Step 2: Select the option of 'Equity' under 'Issue Type'

Step 3: Select 'Issue Name' i.e. DCX Systems IPO from the menu.

Step 4: Either enter your application number in the box or provide your PAN detail to proceed further.

Step 5: Click on 'I'm not a robot' and then submit.

Status of your DCX Systems application status will be available on the screen.