Business

DCX Systems IPO Is The Third Most Subscribed IPO Of 2022 So Far

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DCX Systems Ltd. became the third most subscribed initial public offering in 2022 so far, after Harsha Engineering International Ltd. and Electronics Mart Ltd.The Rs 500-crore IPO was fully subscribed on the first day, and demand rose to 69.79 times the shares on offer by the end of the last day.Institutional investors took the lead by subscribing to the IPO 84.32 times. Retail investors and non-institutional investors followed, bidd…



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