DCX Systems Ltd., which received a strong response from investors during its initial public offering (IPO), is expected to finalise its share allotment status on Monday, November 7, 2022.
The ₹500 Crore IPO consisted of fresh equity shares worth ₹400 Crore with a face value of ₹2 each and an offer for sale (OFS) from the company’s existing promoters and shareholders worth ₹100 Crore. On its last day, the DCX Systems IPO was subscribed 69.79 times. The price bank for the DCX Systems IPO was fixed at ₹197-₹207 per share.
DCX Systems IPO: How To Check Your Allotment Status?
The listing date for the shares of DCX Systems on the National Stock Exchange and the Bombay Stock Exchange is expected to be November 11, 2022. The Bangalore-based company is most likely to finalise the allotment of its shares today, November 7, 2022. If you have applied for the DCX Systems IPO and get the allotment of shares, you will receive the credit of your shares in your demat account on Thursday, November 10, 2022.
The registrar for this IPO is Link Intime India Private Ltd. A registrar is a SEBI-registered entity that is responsible for processing all the IPO applications received from the bidders and carrying out the allotment of shares.
To check the allotment status of the DCX Systems IPO, you can visit the official Link Intime India Private Ltd. website or the BSE website.
The steps to check your allotment status are discussed below.
Steps To Check DCX Systems IPO Allotment Status Via The Registrar
Visit https://linkintime.co.in/mipo/ipoallotment.html.
Select ‘DCX Systems Limited - IPO' in the drop box.
Enter any one of the following details- IPO application number, DP client ID, or PAN number.
Click on the ‘Search’ button to check your DCX Systems IPO allotment status.
Also Read: At 69.8 Times, DCX Systems IPO Is The Third Most Subscribed Maiden Offer Of 2022
Steps To Check DCX Systems IPO Allotment Status Via BSE
Visit https://www.bseindia.com/investors/appli_check.aspx
Under the ‘Issue type’ section, select ‘Equity’.
Select ‘DCX Systems Limited’ in the drop box under the ‘Issue name’ section.
Enter your PAN number or IPO application number.
Select the 'I am not a Robot' button and click on the ‘Search’ button to view your DCX Systems IPO allotment status.
Suggested Read: DCX Systems IPO: All You Need To Know
If you have applied for the DCX Systems IPO but do not receive the allotment of shares, you may receive a refund of your bidding amount on November 9, 2022. The listing of the DCX Systems’ shares on the exchanges is expected to be on November 11, 2022.
Special Research Reports Around DCX Systems IPO:
Watch this space for information on upcoming IPOs.
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