Dixon Technologies is going to come out with its initial public offering (IPO) on September 6, 2017.
I am sure in the current BULL RUN, small and medium investors are running after all IPO’s to get good listing gains !!!
After good response to recent issues like D-Mart, HUDCO, CDSL, AU Small Finance Bank, Salasar Techno Engineering, Cochin Shipyard Limited, etc, investors would be eagerly waiting for Dixon Technologies IPO….
I am sure you might be searching for all details about Dixon Technologies IPO.
Dixon Technologies Company Profile :
Incorporated in 1993, Dixon Technologies is engaged in manufacturing products in the consumer durables, lighting and mobile phones markets.
The product portfolio of Dixon Technologies include:
1. Consumer electronics like LED TVs
2. Home appliances like washing machines
3. Lighting products like LED bulb, tube lights, CFL bulbs etc.
4. Mobile phones
Company also provide repair and refurbishment services of set top boxes, mobile phones and LED TV panels.
Dixon is leading manufacturer of lighting products of CFL, LED bulbs, LED TVs and semi-automatic washing machines in India. Dixon manufacture products for popular retail brands including Panasonic, Philips, Haier, Gionee, Surya Roshni, Reliance Retail, Intex Technologies, Mitashi and Dish.
Dixon is also a leading Original Design Manufacturer (ODM) in India. Company develop and design products in-house at its R&D facility. The ODM business contribute over 25% of its revenue.
Company have six manufacturing facilities located in the states of Uttar Pradesh and Uttarakhand. Company has over 629 permanent employees and 4,030 contractors.
Dixon Technologies Promoters:
- Sunil Vachani
Buy Investment Related Books in English, Hindi, Gujarati & Marathi Online !
Dixon Technologies IPO Detail :
Issue Open: Sep 6, 2017 – Sep 8, 2017
Issue Type: Book Built Issue IPO
Issue Size: Aggregating to INR 722.91 crore at upper price band
Face Value: Rs 10 Per Equity Share
Issue Price: Rs 1760 – Rs 1766 Per Equity Share
Market Lot: 8 Shares
Minimum Order Quantity: 8 Shares
Listing At: BSE, NSE
Important Dates of Dixon Technologies IPO :
Bid/Offer Opens On: September 6, 2017
Bid/Offer Closes On: September 8, 2017
Finalisation of Basis of Allotment: On or about September 13, 2017
Initiation of refunds: On or about September 14, 2017
Credit of Equity Shares to demat accounts: On or about September 15, 2017
Commencement of trading of the Equity Shares on the Stock Exchanges: On or about September 18, 2017
IPO Issue Allocation :
- Qualified institutional buyers (QIBs) – 50% of the offer.
- Non-institutional bidders – 15% of the offer.
- Retail individual bidders – 35% of the offer.
Download Red Herring Prospectus of Dixon Technologies IPO :
Grey Market Premium (GMP) of Dixon Technologies :
According to market reports, the grey market premium of this IPO is around Rs. 200 to 250 so expect listing of this IPO around Rs. 2000 or near about. That means you can expect a listing gain of about 15 % in this IPO if on the listing day, market sentiments are good.
Company Contact Information :
Dixon Technologies (India) Limited
B-14 & 15, Phase-II,
Gautam Buddha Nagar, 201 305
Phone: +91 120 473 7200
Fax: +91 120 473 7263
Dixon Technologies IPO Registrar :
Karvy Computershare Private Limited
Karvy House, 46, Avenue 4, Street No. 1,
Banjara Hills, Hyderabad – 500 034
Andhra Pradesh, India
Dixon Technologies IPO Lead Manager(s) :
- IDFC Bank Limited
- IIFL Holdings Limited
- Motilal Oswal Investments Advisors Pvt Ltd
- Yes Securities (India) Limited
Dixon Technologies IPO Allotment Status :
You can check the allotment status i.e., whether you have got the shares of Dixon Technologies or not by vising the website of Registrar of the Issue which in this case is Karvy Computershare.
Check Dixon Technologies IPO Allotment Status @ Check Dixon Technologies IPO Allotment Online