InvestorQ : Can you tell me how to check the basis of allotment of DCX Systems since I had applied for the IPO and find that it is heavily oversubscribed?
Riya Dwivedi made post

Can you tell me how to check the basis of allotment of DCX Systems since I had applied for the IPO and find that it is heavily oversubscribed?

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shrinidhi Rajan answered.
4 weeks ago
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The Rs.500 crore IPO of DCX Systems Ltd was subscribed 69.79 times at the close of the IPO with the maximum subscription coming from the QIB segment followed by the retail and the HNI segment. The price band for the IPO was Rs197 to Rs207, and the response shows that it could get priced in the upper band. The actual basis of allotment will be finalized late on Monday, 07th November 2022. However, it must be remembered that 08 November is a trading and banking holiday. The demat credits are expected to happen on 10th November 2022 while listing will happen on 11th November 2022.

Firstly, you can check the status of your IPO application on the BSE website. The first thing to do is to click on the link below…

https://www.bseindia.com/investors/appli_check.aspx

The link will take you to a page on the BSE where under Issue Type you can select the Equity Option. Under the Issue Name, you can select the company name as DCX Systems from the drop down menu. You have two choices to check your allotment status. You can either check with your PAN (10-digit alphanumeric) number or with your Application number. Once that is done, you need to click on the Captcha to verify that you are not a robot. Post that you can click on the Search button to get the status. A small reminder here. Unlike in the past, the BSE website does not insist on Application and PAN, only 1 is enough.

The other way is to check on the registrar website of Link Intime as under.

https://linkintime.co.in/MIPO/Ipoallotment.html

Here there are 3 options available. You can access the allotment status based on PAN number, Application Number or DPID-Client ID combination. Once that is done and the captcha is acknowledged, you can click on the Search button. The IPO status with number of shares of DCX Systems allotted will be displayed on the screen.

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