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DCX Systems Limited IPO
About Company
DCX Systems Limited is among the leading Indian players in the manufacture of electronic sub-systems and cable harnesses. The company commenced operations in 2011 and has been a preferred Indian Offset Partner ("IOP") for foreign original equipment manufacturers ("OEMs") for executing aerospace and defense manufacturing projects.
In 2020, the company commissioned a new manufacturing facility at the Hi-Tech Defence and Aerospace Park SEZ in Bengaluru, Karnataka.
R&D Capabilities
The company has three dedicated R&D facilities, two of which are located at Chennai and Gurgaon and one in Stuttgart, Germany.
DCX Systems Limited IPO Details
IPO Size INR 500CR
IPO Opening Date 31, Oct 2022
IPO Closing Date 2, Nov 2022
Allotment Date 07, Nov 2022
IPO Listing Date 11, Nov 2022
Price Band ₹197 to ₹207per share
Minimum 72 Shares
Maximum 936 Shares
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IndusInd Bank Limited
IndusInd Bank Limited is an Indian financial services headquartered in Mumbai. The bank offers commercial, transactional and electronic banking products and services. IndusInd Bank was inaugurated in April 1994 by then Union Finance Minister Manmohan Singh.
Duration = 3 months
Target Price = 1350 INR
RecommendationPrice = 1120 - 1150 INR
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Dr Reddy's Laboratories Ltd
Dr. Reddy's Laboratories is an Indian multinational pharmaceutical company located in Hyderabad, Telangana, India. The company was founded by Kallam Anji Reddy, who previously worked in the mentor institute Indian Drugs and Pharmaceuticals Limited.
Duration = 3 months
Target Price = 4750 INR
RecommendationPrice = 4150 - 4200 INR
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