SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

DCX Systems to come out with Rs 500 crore IPO on October 31

21 Oct 2022 Evaluate

DCX Systems is coming out with an initial public offering (IPO) to raise around Rs 500 crore. It has fixed a price band of Rs 197-207 per share. The issue will open on October 31, 2022 and will close on November 2, 2022. The equity shares are proposed to be listed on both the bourses, BSE and NSE.

The company proposes to utilise the net proceeds from the fresh issue towards debt payment, funding working capital requirements, investment in its wholly-owned subsidiary Raneal Advanced Systems to fund its capital expenditure expenses and general corporate purposes. Edelweiss Financial Services, Axis Capital and Saffron Capital Advisors are the book running lead managers to the issue.

The company is primarily engaged in system integration and manufacturing a comprehensive array of cables and wire harness assemblies, and are also involved in kitting.

DCX Systems Share Price

189.70 1.70 (0.90%)
21-Apr-2026 16:59 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×