Qualified Institutions Placement of DCX Systems Limited

  • Deal
  • January 23, 2024

JSA advised DAM Capital Advisors Limited (the “BRLM“) in the qualified institutions placement of equity shares of DCX Systems Limited (“QIP”).

DCX Systems Limited (“Company”) is among the leading Indian manufacturing players for the manufacture of electronic sub-systems and cable harnesses in terms of manufacturing capability and revenue in Fiscal 2023 (Source: Company Commissioned F&S Report). The Company has issued 14,662,756 equity shares to qualified institutional buyers on January 19, 2024 aggregating to ₹5,000.00 million.

Deal value: USD 77.48 million

Our Transaction Team Comprised Lead Partner – Madhurima Mukherjee Saha, Partner – Mathew Thomas, Senior Associate – Sagar Batra, Associate – Richa Prasad, Sanat Goel, Rishika Kharbanda and Varun Nair.