DCX Systems IPO will be listed soon. Strong debut expected, but should you stop?

DCX Systems IPO Listing: Shares of DCX Systems Limited are going to hit the secondary market soon. As per the information available on the BSE website, the equity shares of DCX Systems Limited will be listed and accepted for transaction on the Exchange. As per the tentative schedule, the DCX Systems IPO listing date is likely to be Friday, November 11, 2022.

Ahead of DCX Systems Share Price Listing, the gray market has gained significantly over public issues, and the stock markets also predict stronger listing premiums than public offers. He said that the share price of DCX could open up in the bull market. 300 each, whereas in the case of the bear, it is approximately . can open on 275 per share level, an expected listing premium of 35 percent to 45 percent from the public issue.

Speaking on the DCX Systems share price listing, Ravi Singhal, CEO, GCL Securities said, “The public issue is expected to fetch a strong listing premium to the lucky allottees. We expect the DCX Systems shares to be listed above. If the secondary market sentiment is positive then the level of Rs 300 per share. However, in case of weak market sentiment, the shares of DCX Systems may get listed at approx. 275 per share level. Hence, in case of bulls, lucky allottees can expect around 45 per cent premium over its price band since 197 207 per equity share. However, in case of bears, the lucky allottees can expect to get at least 35 per cent listing premium from the public issue.”

On DCX Systems Share Price List Premium Prediction, Pravesh Gaur, Senior Technical Analyst, Swastika Investmart said, “The public issue had received a good response from investors from both the institutional and retail sides, and the current GMP is 70 per cent or around 32 per cent of its issue price. Still, there are concerns with the company such as high reliance on key customers, low margins created to print offset defense contracts, the regulated nature of the industry, high debt to equity, and high working capital. Therefore, we recommend investors to lock in the listing benefit and only aggressive investors should consider making a long-term commitment to the company.”

Anticipating a strong opening for the shares of DCX Systems, Ravi Singh, Vice President and Head of Research, Share India said, “DCX may list a premium of around 35 per cent to the issue price on the day of IPO listing. Rising Indian growth for defense and aerospace. The scenario may work out. DCX Systems hails as a significant opportunity and has a positive outlook. Investors can look at this IPO from a long-term perspective.”

On what will happen next after the strong listing, Ravi Singh of Share India said, “Investors are advised to hold for longer term as it can be profitable as we see an increase in fancy for defense counters. and even the Government of India has taken several initiatives to promote this sector. With “Make in India”, “Atmanirbhar Bharat” and other liberal policies, the company is creating bright prospects for “

DCX Systems IPO GMP Today

According to market observers, DCX Systems IPO is at Gray Market Premium (GMP) today 90 means the gray market is expecting DCX Systems share price to open around 297, about 42 percent above its price band since 197 207 per share.

Disclaimer: The views and recommendations given above are those of individual analysts or broking companies and not of Mint.

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