The bidding process for the initial public offer of the DCX Systems Ltd ended on Wednesday, November 2, and now investors are eagerly waiting for the announcement of the share allotment status. The DCX Systems IPO share allotment status is expected to be released on November 7 and once released, bidders will be able to check the allotment status online. It can be known that on the final day of the subscription process, DCX Systems IPO received 69.79 times subscription. Coming to the Grey Market Premium, as per market observers, DCX Systems shares are commanding a premium of Rs. 74 in the grey market today, according to a report by Live Mint. Here is all you need to know about the DCX Systems IPO.
According to the data provided by NSE, the DCX Systems IPO received bids for 101.27 crore shares against 1.45 crore shares on offer. The shares reserved for the category for Qualified Institutional Buyers (QIBs) got subscribed 84.32 times, the portion for Retail Individual Investors (RIIs) received 61.77 times subscription and non-institutional investors quota was subscribed 43.97 times.
As already stated, the share allotment status of the DCX Systems IPO is likely to be finalised on November 7. While, the shares of the company are expected to list on stock exchanges that is BSE and NSE on November 11, 2022.
Once the DCX Systems IPO share allotment status is announced, investors will be able to check it online by visiting the official website of BSE or the registrar of the IPO that is- Link Intime India Private Ltd.
1. Visit the official website of BSE or click on the direct link given here— https://www.bseindia.com/investors/appli_check.aspx.
2. Select the name of the company- DCX Systems IPO in the menu (will apear only after the
Read more on tech.hindustantimes.com