IPO Guru
Bajaj
Listed Mainboard

DCX Systems IPO Subscription Status

DCX Systems IPO was subscribed 76.23 times when bidding closed on 2 Nov 2022: QIB 95.02x, NII 46.21x, Retail 64.91x.

The DCX Systems IPO has been subscribed 76.23x times overall. Retail investors have shown interest with bids for 64.91x the shares available. The Non-Institutional Investor (NII) category has been subscribed 46.21x. Within NII, Big HNI (B-HNI) subscribed 47.74x and Small HNI (S-HNI) subscribed 43.13x. Qualified Institutional Buyers (QIBs) have subscribed 95.02x. Data last updated on 10 Nov, 11:41 AM.

The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 31 Oct, 2022 and closes on 02 Nov, 2022. The shares are expected to list on stock exchanges on 11 Nov, 2022.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Live bidding

Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.

Last updated 10 Nov 2026, 11:41 AM
Category Bid details Times
QIB - of - - 95.02x
NII - of - - 46.21x
bHNI — bid amount above ₹10 Lakh
- - 47.74
sHNI — bid amount ₹2–10 Lakh
- - 43.13
Retail - of - - 64.91x
TOTAL - - 76.23x
Advertisement

DCX Systems IPO allotment probability

Your odds of an allotment in each category at the current subscription.

Retail (up to ₹2 L)
1 out of 65
~1.5% chance per PAN — based on 64.91x subscription. Winners get exactly 1 lot (₹14,904) by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
1 out of 43
~2.3% chance — based on 43.13x subscription. Lottery allots the minimum S-HNI application of 14 lots (₹2.1 L) per winner; bidding bigger doesn't improve odds.
Big HNI (above ₹10 L)
1 out of 48
~2.1% chance — based on 47.74x subscription. Lottery allots the minimum NII application of 14 lots (₹2.1 L) per winner, the same as S-HNI; any shares left over are allotted proportionately.
QIB (institutions)
95.02x
Proportionate allotment — at 95.02x, institutions receive ~1.1% of their bid. No lottery; not open to individual investors. Strong institutional endorsement.

Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.

Subscription insights

What the current book is saying, read off the category numbers above.

Retail Allotment

High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 65 applicants will be successful.

Institutional Backing

Massive institutional interest with QIBs subscribing 95.02x. This often signals long-term confidence from professional funds.

Day-wise subscription history

End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.

Date Total
02 Nov 2022
Day 3
76.23x ▼
QIB95.02x BHNI47.74x SHNI43.13x Retail64.91x
01 Nov 2022
Day 2
8.57x ▼
QIB1.82x BHNI9.96x SHNI13.23x Retail26.55x
31 Oct 2022
Day 1
2.11x ▼
QIB0.03x BHNI1.76x SHNI2.95x Retail8.71x

DCX Systems IPO dates

From the bidding window to listing. Today is 10 November.

Key dates Listed
  1. Open 31 Oct 2022
  2. Close 02 Nov 2022
  3. Allotment 07 Nov 2022
  4. Refund/credit 09 Nov 2022
  5. Listing 11 Nov 2022

What does this subscription data mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

  • 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
  • 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
  • 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
  • 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.

Frequently asked

What is the current subscription status of DCX Systems IPO?

As of IPO close date (02 Nov, 2022), the DCX Systems IPO is subscribed 76.23x times. Retail category is 64.91x, and NII is 46.21x subscribed.

When is the allotment date for DCX Systems IPO?

The allotment for DCX Systems IPO is expected to be finalized on 07 November, 2022.

What is the GMP of DCX Systems?

The Grey Market Premium (GMP) for DCX Systems is currently ₹75, indicating a potential listing gain of 36%.

When will DCX Systems IPO list on the stock market?

DCX Systems is scheduled to list on BSE and NSE on 11 November, 2022.

What are the chances of getting allotment in DCX Systems IPO?

The retail category is oversubscribed at 64.91x, meaning allotment is by lottery. Statistically, approximately 1 in 65 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 95.02x mean for DCX Systems IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 95.02x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

How to check DCX Systems IPO allotment status?

After the allotment date (07 Nov, 2022), you can check your DCX Systems IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

Explore DCX Systems IPO further

Track every stage of this IPO, from subscription to listing.

IPO Guru App
IPO Guru on Android

Subscription moves by the hour. Get it on your phone.

Live GMP alerts, subscription updates and allotment status for every Mainboard and SME issue — fast, free and secure.

Get it on Google Play Join the WhatsApp channel

Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.

Total
76.23x
QIB
95.02x
NII
46.21x
bHNI
47.74x
sHNI
43.13x
Retail
64.91x
Full IPO details
Advertisement