DCX Systems allotment status, GMP, listing date & more
DCX Systems was commanding a grey market premium (GMP) of about Rs 82, which was higher than Rs 75 level, the day the issue was opened for subscription
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DCX Systems was commanding a grey market premium (GMP) of about Rs 82, which was higher than Rs 75 level, the day the issue was opened for subscription
At the upper limit of the price band, the post-issue PE works out to 30.5 times FY22 EPS, which is low compared with peers like Paras Defense & Space Technologies, Data Patterns and Sundram Fasteners.
The quota reserved for retail individual Investors was subscribed 4.96 times. The non institutional investor portfolio was subscribed 82 per cent.
DCX Systems IPO: According to the company, 75 per cent of the issue has been reserved for qualified institutional investors, 15 per cent for non-institutional investors, and the remaining 10 per cent for retail investors.