IPO REVIEW.
[Audio] COMPANY DETAILS 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 defence manufacturing projects. In 2020, the company commissioned a new manufacturing facility at the Hi-Tech Defence and Aerospace Park SEZ in Bengaluru, Karnataka. As of June 30, 2022, DCX Systems had 26 customers in Israel, the United States, Korea and India, including certain Fortune 500 companies, multinational corporations and start-ups. The company's customers include domestic and international OEMs, private companies and public sector undertakings in India across different sectors, ranging from defence and aerospace to space ventures and railways. DCX System's key customers include Elta Systems Limited, Israel Aerospace Industries Limited - System Missiles and Space Division, Bharat Electronics Limited, and Astra Rafael Comsys Private Limited, among others..
[Audio] THE COMPANY'S BUSINESS VERTICALS. 1. System integrationin areas of radar systems, sensors, electronic warfare, missiles, and communication systems. 2. Cable and Wire Harness Assemblies. 3. The company supplies assembly-ready kits of electronic and electro-mechanical parts..
[Audio] COMPANY FINANCIALS. TOTAL ASSETS. 31-MARCH-2020 698.85, 31-MARCH- 2021 793.18, 31-JUNE-2021 763.31 TOTAL REVENUE. 31-MARCH- 2020 465.23, 31-MARCH-2021 683.24, 31-JUNE-2021 128.69 PROFIT AFTER TAX. 31-MARCH-2020 9.74, 31-MARCH-2021 29.56, 31-JUNE-2021 3.34 TOTAL BORROWING. 31-MARCH-2020 133.98, 31-MARCH-2021 136.38, 31-JUNE-2021 112.62.
[Audio] OBJECTS OF THE ISSUE 1. Repayment/ prepayment, in full or part, of certain borrowings availed of by the Company. 2. Funding working capital requirements of the Company. 3. Investment in our wholly owned Subsidiary, Raneal Advanced Systems Private Limited, to fund its capital expenditure expenses. 4. General corporate purposes..
[Audio] IPO TIMING. IPO OPENING DATE 31 OCTOBER 2022. IPO CLOSE DATE 2 NOVEMBER 2022. BASIC OF ALLOTMENT 07 NOV 2022. Initiation of Refunds 9 NOV 2022. Credit of Shares to Demat 10 NOV 2022. EXPECTED Listing Date 11 NOV 2022..
IPO LOT SIZE. Application Lots Shares Amount Retail (Min) 1 72 ₹14,904 Retail (Max) 13 936 ₹193,752 S-HNI (Min) 14 1,008 ₹208,656 B-HNI (Min) 68 4,896 ₹1,013,472.
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