DCX Systems lists with 38.29% premium on the BSE
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
DCX Systems has debuted at Rs 286.25 on the BSE, up by 79.25 points or 38.29% from its issue price of Rs 207.
The scrip is currently trading at Rs 303.25, up by 96.25 points or 46.50% from its issue price. It has touched a high and low of Rs 305.90 and Rs 286.25 respectively. So far 13.36 lakh shares were traded on the counter.
The offering, which was open for subscription between October 31, 2022 and November 02, 2022 was oversubscribed 69.79 times. The issue price was fixed at Rs 207 per share i.e. at upper end of price band of Rs 197-207 apiece.
DCX Systems is primarily engaged in system integration and manufacturing a comprehensive array of cables and wire harness assemblies, and are also involved in kitting.
