DCX Systems IPO Share Allotment: Bengaluru-based DCX systems, a manufacturer of electronic sub-systems and cable harnesses, is expected to announce the allotment status of its initial public offering (IPO) today, November 7
DCX Systems IPO Share Allotment Today
The DCX systems IPO shares allotment results will be announced today. The company will hold a road show for its public shareholders on November 7 and 8. The public offering of the company’s IPO shares will begin on November 16. The company expects to raise around Rs 175 crore through the IPO. The company, which was floated in 2015, has received bids for more than 10% of its share allotment. The company is looking to raise around Rs 175 crore through its IPO.
DCX Systems IPO Subscription Status
The shareholders who subscribed for the DCX Systems IPO shares will be informed of their allotment status. Everyone who subscribed before the open offer date of November 8 will get their IPO shares. The subscription status of the remaining investors will be informed in due course of time. The company would also announce the issue size of its IPO shares.
DCX Systems IPO: Price Band
The financial details of the DCX Systems IPO shares are expected to be announced by the company today. The DCX Systems IPO shares are being offered at a price band of Rs 5,000-5,400. The issue size of the DCX Systems IPO will be around 10 crore shares. The DCX Systems IPO share allotment result will be announced at 12pm today.
DCX Systems IPO: Issue Size
The DCX Systems IPO issue size will be around 10 crore shares. The company would have issued more than 9% of its equity as part of the IPO. The company is looking to raise around Rs 175 crore through its IPO. The financial details of the DCX Systems IPO shares would be announced by the company today.
DCX Systems IPO: Other IPO Shares
There is no information on the other IPO shares at present. However, the company would have announced the share allotment information of other shareholders as well. The DCX Systems IPO share allotment results would be announced later today.
Conclusion
The DCX Systems IPO would be one of the most-anticipated IPOs of this year. The company is expected to announce the allotment status of its IPO shares today. The issue size of the DCX Systems IPO shares would be around 10 crore shares. The company is looking to raise around Rs 175 crore through its IPO.
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