DCX Systems IPO: Issue subscribed 69.79 times on final day led by QIBs and retail investors

DCX Systems IPO: The initial public offering (IPO) of cables and wire harness assemblies manufacturer DCX Systems, which got fully subscribed within hours of opening earlier this week, was subscribed 69.79 times on the final day, according to the data available on the BSE.

The Rs 500 crore offer received bids for over 101.27 crore (1,01,27,44,152) shares against the issue size of over 1.45 crore (1,45,11,146) shares, the data showed.

The shares which are to be allocated for the qualified institutional buyers (QIBs) was subscribed 84.32 times, while the portion for non institutional investors was subscribed 43.97 times and that of retail individual investors (RIIs) was subscribed 61.77 times, the data showed.