DCX Systems IPO share allotment Today; Know how to check status online

tech.hindustantimes.com:

Big news for IPO investors. The share allotments for DCX Systems, is expected to be announced today. The expectations are high as today, November 9 is the tentative date for the company's IPO allotment. After an intense bidding period of three days between October 31 and November 2, the investor response has come out to be very high. Now those who have invested in the DCX Systems IPO are eagerly waiting for share allotment finalization. It should be noted that DCX Systems IPO GMP today has climbed Rs. 3 higher compared to yesterday and has reached Rs. 78, as per a report by LiveMint.

DCX Systems IPO received 69.79 times subscription by the final day of the process, showcasing a strong investor interest. It 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 a result, the grey market has remained rather bullish on the company's public issue of Rs. 500 crore.

The share allotment status of the DCX Systems IPO is likely to be finalized today, November 9. The shares of the company are expected to list on stock exchanges- BSE and NSE on November 11, 2022. However, these are all tentative dates.

After the DCX Systems IPO share allotment status has been announced, investors will be able to check it online by visiting the official website of BSE or the registrar of the IPO which is Link Intime India Private Ltd. Check the steps below.

1. Visit the official website of BSE or click on the direct link given here —