Dixon Technologies IPO Dates, Price Band, Market Lot Details

IPO Initial Public Offerings
Dixon Technologies is coming up with Rs.600-650 crore ipo in September. The company looks strong on paper and one should apply for listing gain as well. Compare to Bharat Road Networks this company has good potential to apply.

Dixon Technologies is manufacturing products of consumer durables, mobile phones, lightning industry. The products include LED TVs, Washing Machines, LED Bulbs, Tube lights, CFL Lights, Mobile Phones, ETC. They are working with popular brands like Panasonic, Surya Roshni, Reliance Retail, Haier, Gionee, Intex, Mitashi and Dish. They have good cash flows and that is why we recommend to apply for this ipo.

Dixon Technologies IPO Review:

  • Apply for Listing Gain & Long term gain

Dixon Technologies IPO Dates & Price Band: (Approx)

  • IPO Open: 6-September-2017
  • IPO Close: 8-September-2017
  • IPO Size: Approx Rs.600 Crore (Approx)
  • Face Value: Rs. 10 Per Equity Share
  • Price Band: Rs. 1760 to 1766 Per Share
  • Listing on: BSE & NSE
  • Retail Portion: 35%
  • Total Size: 3,753,739 Equity Shares

Dixon Technologies IPO Market Lot:

  • Shares: Apply for 8 Shares (Minimum Lot Size)
  • Amount: Rs.14128

Dixon Technologies IPO Allotment & Listing:

  • Basis of Allotment: 13-September
  • Refunds: 14-September
  • Credit to demat accounts: 14-September
  • Listing: 18-September

Dixon Technologies Financial:
Dixon is looking good on the papers as financial is very strong. It has PAT of 43 crore in 2016 which almost 10 times of 2013 and 4 times of 2015. Revenue also looks very impressive. They have asset doubled in 2016 compared to 2013. Good to apply.

Year Ended (Rs. in Crore)
Mar-17Mar-16Mar-15Mar-14Mar-13
Total Assets417.39324.43291.33276.63
Total Revenue1391.171203.131097.09768.04
Profit After Tax42.6511.8613.594.98

Company Promoters:

  • Sunil Vachani

Quick Links:
DRHP Draft Prospectus

Dixon Technologies IPO Registrar:
Karvy Computershare Private Limited
Phone: +91-40-23312454
Fax: +91-40-23311968
Email: [email protected]
Website: http://karisma.karvy.com
Dixon Technologies IPO Lead Managers:

  • IDFC Bank Limited
  • IIFL Holdings Limited
  • Motilal Oswal Investments Advisors Pvt Ltd
  • Yes Securities (India) Limited

Company Address:
Dixon Technologies (India) Limited
B-14 & 15, Phase-II,
Noida,
Gautam Buddha Nagar, 201 305
Phone: +91 120 473 7200
Fax: +91 120 473 7263
Email: [email protected]
Website: http://www.dixoninfo.com/

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