DCX Systems Ltd - IPO

DCX Systems Ltd IPO Details

Initial public offering of 24,154,587^ equity shares of face value of Rs. 2.00 each (Equity Shares) of DCX Systems Limited (The Company or the Company or the Issuer) for cash at a price of Rs. 207 per equity share (including a share premium of Rs. 205 per equity share) (the Offer Price) aggregating to Rs. 5,00.00^ crores (the Offer) comprising a fresh issue of 19,323,671^ equity shares by the company aggregating to Rs. 4,00.00^ crores (the Fresh Issue) and an offer for sale of 4,830,916^ equity shares aggregating to Rs. 1,00.00^ crores comprising an offer for sale of 2,415,458^ equity shares aggregating to Rs. 50.00^ crores by NCBG Holdings Inc., 2,415,458^ equity shares aggregating to Rs. 50.00^ crores by VNG Technology Private Limited (collectively, the Promoter Selling Shareholders, and each individually, as a Promoter Selling Shareholder and such offer for sale of equity shares by the promoter selling hareholders, the Offer for Sale). The offer constitutes 24.97%^ of the post-offer paid-up equity share capital of the company.^ Subject to finalisation of basis of allotmentThe face value of the equity shares is Rs. 2 each and the offer price is 103.5 times the face value of the equity shares.

Objective of issue

Repayment/prepayment, in full or part of certain borrowings availed by the company. Funding working capital requirements of the company. Investment in the wholly ownded subsidiary, Reneal Advanced Systems Pvt Ltd, to fund its capital expenditure expenses. General corporate purposes.

DCX Systems Ltd Contact Details

DCX Systems Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - cs@dcxindia.com

Website - www.dcxindia.com