DCX Systems IPO consists of issuance of fresh equity shares worth ₹400 crore. The company will sell shares worth ₹100 crore via OFS.
At the upper limit of the price band, the post-issue PE works out to 30.5 times FY22 EPS, which is low compared with peers like Paras Defense & Space ...
The IPO comprises of a fresh issue aggregating up to Rs 400 crore and an offer for sale (OFS) of up to Rs 100 crore. The shift from passive to active radar solutions will also provide numerous opportunities for the company," said BP Equities which has a 'subscribe' rating on the issue with 'listing gains.' The Rs 500 crore initial public offering (IPO) by DCX Systems kicked off for subscription on Monday.
DCM Systems Limited के शेयरों अलॉटमेंट 7 नवंबर, जबकि रिफंड की शुरुआत 9 नवंबर से हो सकती है.
इसके साथ ही बता दें लॉन्च से पहले ही ग्रे-मार्केट (Gray Market) में कंपनी के शेयर 71 रुपये के जबरदस्त प्रीमियम के साथ ट्रेड कर रहे थे. सब्सक्रिप्शन के लिए ओपन करने से पहले ही कंपनी ने एंकर निवेशकों (Anchor Investors) से 225 करोड़ रुपये जुटा लिए हैं. डीसीएक्स सिस्टम्स ने आईपीओ (DCX Systems IPO) के जरिए बाजार से 500 करोड़ रुपये जुटाने की योजना बनाई है.
DCX सिस्टम्स IPO में ₹400 करोड़ मूल्य के नए इक्विटी शेयर जारी करना शामिल है. ताजा इश्यू के ...
रक्षा विनिर्माण क्षेत्र और कंपनी के लिए अनुकूल मैक्रो को देखते हुए, हमें लगता है कि आईपीओ की कीमत आकर्षक है. बाजार के जानकारों के मुताबिक, DCX सिस्टम्स के शेयर आज ग्रे मार्केट में ₹71 के प्रीमियम (GMP) के साथ कारोबार करते हुए देखे गए हैं. ताजा इश्यू के अलावा, कंपनी के प्रमोटर और शेयरधारक ऑफर फॉर सेल (ओएफएस) के जरिए 100 करोड़ रुपये के शेयर बेचेंगे.
DCX Systems IPO: डिफेंस और एयरोस्पेस सेक्टर में बिजनेस करने वाली DCX सिस्टम्स का IPO निवेशकों के ...
डेली मार्केट अपडेट के लिए [Moneycontrol App](https://www.moneycontrol.com/apps) डाउनलोड करें। DCX Systems IPO: डिफेंस और एयरोस्पेस सेक्टर में कारोबार करने वाली कंपनी डीसीएक्स सिस्टम्स (DCX Systems) का इनीशियल पब्लिक ऑफर (IPO) आज यानी सोमवार 31 नवंबर से खुल गया है। निवेशक बुधवार 2 नवंबर इस तक इस IPO के लिए बोली लगा सकते हैं। DCX सिस्टम्स IPO का प्राइस बैंड 197 से 207 रुपये प्रति शेयर तय किया गया है। निवेशक इसमें 72 शेयरों के लॉट में पैसे लगा सकते हैं यानी कि प्राइस बैंड के अपर प्राइस के हिसाब से खुदरा निवेशकों को इसमें कम से कम 14,904 रुपये निवेश करने होंगे।
DCX Systems IPO GMP: अगर आप आईपीओ मार्केट में कमाई के मौके खोज रहे हैं तो आपके पास मौका है.
DCX Systems के आईपीओ में 75 फीसदी कोटा संस्थागत निवेशकों के रिजर्व रखा गया है. जबकि 11 नवंबर को DCX Systems की शेयर बाजार में एंट्री हो सकती है. आईपीओ में शेयर अलॉटमेंट 7 नवंबर को हो सकता है. DCX Systems का आईपीओ के जरिए बाजार से 500 करोड़ रुपये जुटाने की योजना है. DCX Systems के आईपीओ में एक लॉट साइज में 72 शेयर हैं. कंपनी का आर्डर बुक मार्च 2020 को 1941 करोड़ रुपये था जो 31 मार्च 2022 को बढ़कर 2369 करोड़ रुपये पर जा पहुंचा है. DCX Systems लीडिंग भारतीय ऑफसेट पार्टनर्स (IOP) में से एक है और रक्षा और एयरोस्पेस क्षेत्र में इलेक्ट्रॉनिक सब-सिस्टम और केबल हार्नेस के निर्माण के लिए टॉप भारतीय कंपनियों में शामिल है. फिर भी इस आईपीओ में उन निवेशकों को ही पैसे लगाने की सलाह है, जो लंबी अवधि का नजरिया रखते हैं. वहीं मेक इन इंडिया और आत्मनिर्भर भारत जैसी योजनाओं के चलते भारतीय डिफेंस सेक्टर में प्रत्यक्ष विदेशी निवेश में बढ़ोतरी का अनुमान है. वहीं पियर्स की तुलना में बेहतर वैल्युएशन भी पॉजिटिव फैक्टर है. DCX Systems IPO GMP: अगर आप आईपीओ मार्केट में कमाई के मौके खोज रहे हैं तो आपके पास मौका है. आईपीओ को लेकर ग्रे मार्केट में क्रेज बना हुआ है.
DCX Systems IPO: ज़ी बिजनेस के मैनेजिंग एडिटर अनिल सिंघवी ने छोटी साइज और छोटे प्राइस वाले DCX ...
The ₹500-crore DCX Systems' IPO opens for pubic subscription today. The price band of the offer has been fixed at ₹197-207 of face value of ₹2 each.
Since commencing operations in 2011, It has emerged as a Indian Offset Partner for foreign original equipment manufacturers (OEMs)r executing aerospace and defence manufacturing projects. The issue will close for subscription on November 2. The ₹500-crore DCX Systems’ IPO opens for pubic subscription today.
DCX Systems IPO: यदि आप आईपीओ रूट से से शेयर बाजार (Share Market) में इंट्री मारते हैं तो आपके लिए एक ...
DCX Systems Limited IPO GMP Today, October 31: The Rs 500 crore initial public offering (IPO) of cables and wire harness assemblies manufacturer DCX Systems ...
The defence budget outlay has increased to Rs5,250bn in FY23, from Rs4,780bn in FY22. Investors who wish to subscribe to DCX Systems IPO can bid in a lot of 72 equity shares and multiples thereafter. [indianexpress.com](https://indianexpress.com), “The growing landscape for Indian defence and aerospace may serve as a key opportunity for DCX Systems. As of June 30, 2022, we had 26 customers in Israel, United States, Korea and India,” the company said in its RHP. It commenced operations in 2011 and has been a preferred Indian Offset Partner for foreign original equipment manufacturers for executing aerospace and defence manufacturing projects. It opened for public subscription at 10 am and was subscribed around 56 per cent by 12:12 pm on the first day of bidding.
The Rs 500-crore primary issue of the sub-systems and cable harnesses manufacturer comprises a fresh issue of Rs 400 crore as well as an offer for sale (OFS) of Rs 100 crore by the company promoters. The share price band for the IPO has been fixed at Rs ...
[ETMarkets](https://economictimes.indiatimes.com/markets) Considering the favourable macros for the defence manufacturing sector and for the company, we feel the IPO is attractively priced, the brokerage said. Considering all the positive factors, we believe this valuation is at reasonable levels," it said. Also, there is good visibility of cashflows given the strong order book. DCX maintains a healthy order book which has increased from Rs 1,941.3 crore as of FY2020 to Rs 2,369 crore as of FY2022. BP Equities has assigned a ‘subscribe’ rating to the issue for probable listing gains.
The quota reserved for retail individual Investors was subscribed 4.96 times. The non institutional investor portfolio was subscribed 82 per cent.
"There are listed peers like BDL trading at P/E 32 times (Lowest) and Paras Defence trading at P/E 84 times (highest) and industry average P/E is 62 times. The IPO comprises of a fresh issue aggregating up to Rs 400 crore and an offer for sale (OFS) of up to Rs 100 crore. The shift from passive to active radar solutions will also provide numerous opportunities for the company," said BP Equities which has a 'subscribe' rating on the issue with 'listing gains.' MOST READ RECOMMENDED The Indian government has banned defence based imports that will boost indigenous manufacturing within India. Considering all the positive factors, we believe valuations are at reasonable levels," said Angel One, which has a subscribe rating on the issue. It has a manufacturing facility in Bengaluru, Karnataka. DCX Systems IPO on Monday got fully subscribed on Day 1 of the bidding process, thanks to a strong demand for retail investors. "DCX Systems has better revenue growth CAGR of 57 per cent and PAT CAGR of 159 per cent over the last two years. Astha Jain of Hem Securities said DCX Systems is asking for multiple of 31 times on FY22 basis. Analysts find the IPO's valuations as reasonable.
In terms of valuations, the post-issue P/E works out to 30.5x FY22 EPS (at the upper end of the issue price band) which is low compared to its peers like ...
[Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). [DCX Systems IPO](/topic/dcx-systems-ipo), which opened on Monday, was fully subscribed within 90 minutes of the issue opening. For fastest news alerts on financial markets, investment strategies and stocks alerts, [subscribe to our Telegram feeds](https://t.me/joinchat/J60pKE7SOStsj5sI8nDmHQ).) The Rs 500 crore public issue of DCX Systems comprises a fresh issue of Rs 400 crore as well as an offer for sale (OFS) of Rs 100 crore by the company promoters. “In terms of valuations, the post-issue P/E works out to 30.5x FY22 EPS (at the upper end of the issue price band) which is low compared to its peers like Paras Defense & Space Technologies, Data Patterns (India) and The non-institutional investor (NII) portion at 11:28 am was subscribed 0.24 times the total portion meant for the category.
DCX Systems IPO subscription: The IPO received bids for 1.11 crore shares against an IPO size of 1.45 crore shares amounting to a subscription of 77 per ...
DCX Systems proposes to utilise the net proceeds from fresh issue towards repayment certain borrowings (Rs 110 crore). DCX Systems is among the leading Indian players engaged in the manufacturing of electronic sub-systems and cable harnesses. RECOMMENDED A retail-individual investor can apply for a maximum of 13 lots (936 shares by spending Rs 193,752). Allotment of shares will be done on November 7 and listing of the stock is likely to take place on November 11, 2022. The issue has a price band of Rs 197-Rs 207.
DCX Systems IPO- डीसीएक्स सिस्टम्स का इनीशियल पब्लिक ऑफर आज से खुल गया है. 500 करोड़ के इस आईपीओ ...
डीसीएक्स आईपीओ सिस्टम्स के आईपीओ को ग्रे मार्केट में अच्छा रिस्पॉन्स मिल रहा है. [मनीकंट्रोल](https://hindi.moneycontrol.com/news/ipo/dcx-systems-ipo-open-today-31-oct-check-price-band-listing-date-gmp-today-review-should-you-subscrie-857161.html) की एक रिपोर्ट के अनुसार, ब्रोकरेज फर्म एंजल वन (Angel One) की एनालिस्ट, पूर्वीस चौधरी का कहना है कि DCX सिस्टम्स का रेवेन्यू और प्रॉफिट ग्रोथ दो वर्षों में अपनी समकक्ष कंपनियों की तुलना में बेहतर है. इनमें इसका मजबूत नकदी प्रवाह, टेक्नोलॉजी के मामले में अव्वल, लगातार शानदार वित्तीय नतीजे का देने का रिकॉर्ड और अनुभवी प्रमोटर्स शामिल हैं. डीसीएक्स सिस्टम्स आईपीओ में एनालिस्ट्स को अच्छी संभावनाएं नजर आ रही है. कंपनी ने 207 रुपये के ऊपरी प्राइस बैंड पर 12 एंकर निवेशकों को कंपनी के इक्विटी शेयर आवंटित किए हैं. कंपनी ने आईपीओ का प्राइस बैंड 197 से 207 रुपये प्रति शेयर तय किया है.
Retail investors showed good interest by investing for 8.71 times shares of the allotted quota, while the portion set aside for non-institutional investors ...
DCX Systems plans to mop up Rs 500 crore through its public issue, with a price band of Rs 197-207 per share. Also read - [DCX Systems floats Rs 500-crore IPO today; analysts bullish on the issue](https://www.moneycontrol.com/news/business/ipo/dcx-systems-to-float-rs-500-crore-ipo-today-analysts-bullish-on-the-issue-9415781.html) [Rs 225 crore via anchor book on last Friday](https://www.moneycontrol.com/news/business/ipo/dcx-systems-raises-rs-225-crore-via-anchor-book-ahead-of-ipo-9407781.html).
The Initial Public Offering (IPO) of DCX Systems, manufacturer of cables and wire harness assemblies, received 2.11 times subscription on the first day of ...
[ Business Standard App ](https://www.business-standard.com/apps) for latest [Business News](https://www.business-standard.com/) and [ Market News ](https://www.business-standard.com/markets). (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.) The equity shares are proposed to be listed on both the BSE and NSE. Edelweiss Financial Services, Axis Capital and Saffron Capital Advisors are the managers to the offer. The Initial Public Offering (IPO) of DCX Systems, manufacturer of cables and wire harness assemblies, received 2.11 times subscription on the first day of offer on Monday. The Bengaluru-based company is primarily engaged in system integration and manufacturing of a comprehensive array of cables and wire harness assemblies, and are also involved in kitting.
We are getting our own PCB assembly area for backward integration. Also we will expand our cable and wire harness business, get into our own product taking ...
Overall, for five to seven years, we have complete visibility on the offset and in the upcoming days we have five years time to become a product company. We are also going for a PCB assembly in a big way. I am not seeing any big challenge in this business and it is a growing business. Overall, we want to become one of the finest technology companies in the defence and aerospace industry. Currently we are fully secured for about five years and, of course, we not only depend on the offset business, but also working on our own product, taking a technology and moving for our own product and supplying it to the Indian government. Placed to foreign OEMs, the offset backlog is already available and within seven years, they have to execute these orders. Now, 65% goes to the offset business and the balance 45% is non-offset business. Any changes in the offset defence policy or decline in reprioritisation of funding in the Indian defence budget? Delays in budget processing could adversely affect your ability to grow or maintain your sales earnings and We are getting our own PCB assembly area for backward integration. These two funds, your potential business development opportunity and also plans to grow and expand your business; could you tell us about your expansion plans in particular? Now we are going to have our own subsidiary backward integration.
The Initial Public Offering (IPO) of DCX Systems, manufacturer of cables and wire harness assemblies, received 2.11 times subscription on the first day of ...
DCX Systems IPO: Potential investors can bid for shares of DCX Systems, a Bengaluru-based maker of cables and wire harness assemblies, shares in a price ...
This translates to a bidding price of Rs 14,184-14,904 per lot. The IPO, comprising fresh issuance of shares worth to Rs 400 crore and an offer for sale (OFS) of up to Rs 100 crore by existing shareholders, will be available for two more trading days from 10 am to 5 pm. DCX Systems' IPO to raise up to Rs 500 crore received bids for two times the shares on Monday, the first day of the bidding process.
DCX Systems IPO : डीसीएक्स सिस्टम्स का आईपीओ सदस्यता के लिए 31 अक्टूबर को खुला है.
बाजार के जानकारों के मुताबिक, DCX सिस्टम्स के शेयर आज ग्रे मार्केट में 74 रुपये के प्रीमियम (GMP) की कमान संभाल रहे हैं. DCX सिस्टम्स IPO में 400 करोड़ रुपये तक का ताजा इश्यू और 100 करोड़ रुपये तक की बिक्री का ऑफर शामिल है. DCX सिस्टम्स का तीन दिवसीय आरंभिक सार्वजनिक निर्गम (IPO) सोमवार, 31 अक्टूबर, 2022 को सार्वजनिक सदस्यता के लिए खुला और बुधवार, 2 नवंबर, 2022 तक खुला रहेगा.Also Read -
DCX Systems IPO: The company plans to mobilise Rs 500 crore through the offer at a price band of Rs 197-207 a share. The offer comprises a fresh issue of Rs ...
DCX Systems plans to mobilise Rs 500 crore through the IPO, with a price band of Rs 197-207 a share. DCX clocked a 57 percent CAGR growth in revenue during FY20-FY22 on a low base. Retail investors are aggressively bidding for the IPO and have bought 14.52 times their allotted quota of shares. It undertakes system integration in areas of radar systems, sensors, electronic warfare, missiles, and communication systems. Moneycontrol.com advises users to check with certified experts before taking any investment decisions. The company will repay some its borrowings through fresh issue proceeds.
New Delhi [India], November 1 (ANI): The initial public offering of DCX Systems saw strong participation from investors as its issue was subscribed 2.11 ...
There had been a lot of development and agreement between foreign companies and local companies in the field of drones, artificial intelligence and machine learning. “Company being among the preferred Indian Offset Players for the defence and aerospace industry with global accreditations has technology-enabled and scalable end-to-end capabilities. Started in 2011, DCX Systems Ltd is among the leading Indian players for the manufacture of electronic sub-systems and cable harnesses in terms of manufacturing capability and revenue in Fiscal 2022 in the defence and aerospace sector.
DCX System's Rs 500-crore issue attracted bids for 6,04,71144 shares by 12.40 pm, which was 4.17 times the issue size of 1,45,11146 shares.
MOST READ Considering all the positive factors, we believe valuations are at reasonable levels," said Angel One, which has a subscribe rating on the issue. The IPO comprises of a fresh issue aggregating up to Rs 400 crore and an offer for sale (OFS) of up to Rs 100 crore. It has a manufacturing facility in Bengaluru, Karnataka. Its order book has increased from Rs 1,941 crore in FY20 to Rs 2,369 crore in FY22. "DCX Systems has better revenue growth CAGR of 57 per cent and PAT CAGR of 159 per cent over the last two years. The portfolio reserved for QIBs was subscribed 0.03 times. However, considering the low margin on higher exposure towards contract manufacturing through offsets, significant improvement in margins needs to be seen in future. The quota reserved for non institutional investors was subscribed 4.83 times while that of retail individual investors by 16.46 times.
The issue, with a price band of Rs 197 to Rs 207 per share, will likely list on BSE and NSE on November 11. As per reports, the DCX Systems latest GMP ...
The equity shares are proposed to be listed on both the bourses, BSE and NSE. As per reports, the DCX Systems latest GMP suggests a premium of Rs 74. The company had on Friday said that it has raised Rs 225 crore from anchor investors days ahead of its IPO.
According to the data from BSE, investors made bids for 5,31,59,256 equity shares or 3.66 times compared to 1,45,11,146 equity shares on offer for subscription ...
[Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). It had 26 customers in Israel, the United States, Korea and India as of June 30, 2022. The portion for institutional investors was subscribed to merely 3%. Retail bidders will get the remaining 35% allocation. For fastest news alerts on financial markets, investment strategies and stocks alerts, [subscribe to our Telegram feeds](https://t.me/joinchat/J60pKE7SOStsj5sI8nDmHQ).) The issue, which kicked off for subscription on Monday, October 31, can be subscribed till Wednesday, November 02.
DCX Systems IPO-डीसीएक्स सिस्टम्स इश्यू के शेयरों के लिए निवेशक बुधवार, 2 नवंबर तक बोली लगा ...
च्वाइस ब्रोकिंग (Choice Broking) के राजनाथ यादव ने भी डीसीएम्स सिस्टम्स के आईपीओ को सब्सक्राइब करने की सलाह दी है. मनीकंट्रोल की एक रिपोर्ट के अनुसार, ब्रोकरेज फर्म एंजल वन (Angel One) की एनालिस्ट, पूर्वीस चौधरी ने निवेशकों को इस आईपीओ में पैसे लगाने की सलाह दी है. कंपनी ने 207 रुपये के ऊपरी प्राइस बैंड पर 12 एंकर निवेशकों को कंपनी के इक्विटी शेयर आवंटित किए हैं. चौधरी ने इस ने आईपीओ में बोली लगाने की सलाह देते हुए कहा कि इसका वैल्यूएशन वाजिब स्तर पर है. ऑफर के पहले दिन सोमवार को इश्यू को निवेशकों का अच्छा समर्थन मिला और यह 2.11 गुना सब्सक्राइब हुआ. हालांकि जानकारों के मुताबिक सिर्फ ग्रे मार्केट से मिले संकेतों के आधार पर निवेश करना सही नहीं है.
The IPO of Bengaluru based manufacturer of electronic sub-systems and cable harnesses opened on Monday, October 31, 2022 and closes on November 2, 2022.
The company has posted decent numbers for past few years and in FY22 the revenue grew 72 per cent (₹ 1102.27 crore), EBITDA grew 69 per cent (₹ 89 crore) and PAT grew 122 per cent (₹ 65.6 crore) over FY21. The company has been involved in production of MRSAM / LRSAM - Transmit receiver group module under System integration module and Barak-1 and Barak-8 Missile Systems (Cable and wire harness). The company also does in-house testing to ensure the quality of final products. The Cable and wire harness market is also expected to grow at CAGR of 13 per cent to around $1.4 billion. The second is Cable and Wire Harness Assemblies where it manufactures a comprehensive array of cables and wire harnesses assemblies such as radio frequency cables, data cables. The major verticals of the company are System Integration where it undertakes system integration of radar systems, sensors, electronic warfare, missiles, and communication systems.
DCX Systems IPO: बेंगलुरु बेस्ड केबल्स और वायर हारनेस एसेंबलीज मैन्युफैक्चरिंग कंपनी ...
DCX Systems का रेवेन्यू 2019-20 में 449 करोड़ रुपये था जो 56.64 फीसदी बढ़कर 2021-22 में बढ़कर 1102 करोड़ रुपये रहा है. DCX Systems के आईपीओ में 75 फीसदी कोटा संस्थागत निवेशकों के रिजर्व रखा गया है. 15 फीसदी कोटा गैर-संस्थागत निवेशकों के लिए और 10 फीसदी रिटेल निवेशकों के लिए रिजर्व रखा गया है. कंपनी का आर्डर बुक मार्च 2020 को 1941 करोड़ रुपये था जो 31 मार्च 2022 को बढ़कर 2369 करोड़ रुपये पर जा पहुंचा है. सब्सक्रिप्शन के दूसरे दिन रिटेल इंडिविजुअल इन्वेस्टर्स (RII) की कैटेगरी को 26.55 गुना सब्सक्रिप्शन मिला, जबकि नॉन-इंस्टीट्यूशनल इन्वेस्टर्स के हिस्से को 11.05 गुना सब्सक्रिप्शन मिला है. DCX Systems का आईपीओ के जरिए बाजार से 500 करोड़ रुपये जुटाने की योजना है.
Retail Individual Investors (RIIs) subscribed the issue 17.31 times which translates into 4,39,28,496 share bids against 25,38,071 shares available to this ...
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The IPO received bids for 12.43 crore shares against 1.45 crore shares on offer, according to an update on NSE. The category meant for Retail Individual ...
The Bengaluru-based company is primarily engaged in system integration and manufacturing of a comprehensive array of cables and wire harness assemblies, and are also involved in kitting. The category meant for Retail Individual Investors (RIIs) received 26.55 times subscription while the portion for non-institutional investors got subscribed 11.05 times and Qualified Institutional Buyers (QIBs) segment was subscribed 1.82 times. The initial public offering of DCX Systems, manufacturer of cables and wire harness assemblies, got subscribed 8.57 times on the second day of the offer on Tuesday.
मुंबई बिज़नेस न्यूज़: केबल्स और वायर हार्नेस असेंबलीज बनाने वाली कंपनी डीसीएक्स ...
The Rs 500 crore IPO comprises a fresh issue of Rs 400 crore and an offer for sale worth Rs 100 crore. Last week the company allotted shares worth Rs 223 crore ...
This week, four [companies](/companies) are looking to raise more than Rs 4,100 crore via [IPOs](/topic/ipos). DCX Systems plans to utilise the proceeds of the fresh issue for repayment of debts and funding its working capital requirements. [Strong retail interest sees DCX Systems IPO subscribed 2.19 times on day-1](/article/companies/dcx-systems-ipo-subscribed-2-19-times-on-first-day-of-the-issue-122103101119_1.html) [4 IPOs likely to open this week.