Dixon Technologies  IPO Details – Date, Company Profile, Allotment, Listing

Dixon Technologies IPO Details – Date, Company Profile, Allotment, Listing

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Dixon Technologies (India) Limited

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 include:

  1. Consumer electronics like LED TVs
  2. Lighting products like LED bulb, tube lights, CFL bulbs etc.
  3. Home appliances like washing machines
  4. Mobile phones

Issue Period- 06SEP–08SEP, 2017

Issue Size-3,053,675Eq Shares (Rs.600 cr)

Issue Price-Rs.1760-Rs.1766 per Eq Share

Market Lot-08 Equity Shares

Face Value- Rs 10 per Eq Share

Listing at-BSE, NSE

THE OBJECT OF THE ISSUE

  1. Repayment/pre-payment, in full or in part, of certain borrowings availed by the Company;
  2. Setting up a unit for manufacturing of LED TVs at the Tirupati Facility;
  3. Enhancement of our backward integration capabilities in the lighting products vertica

l at our Dehradun I Facility;

  1. Upgradation of the information technology infrastructure of the Company; and
  2. General corporate purposes.

you can also read more about : Bharat Road Network Limited IPO Details

OUR RECOMMENDATION

QIB(more than Rs/-200,000/-)  50% of Net Issue size

Non-Institutional(more than Rs/-200,000/-) 15% of Net Issue size

Retail(up to Rs/-200,000/-) 35%of Net Issue size

COMMENTS

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