IPO

Dixon Technologies (India) Limited IPO

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Offer Date: Sep 6, 2017 - Sep 8, 2017

₹ 14128 /8 Shares

06 Sep, 2017

Open Date

08 Sep, 2017

Close Date

14 Sep, 2017

Allotment Date

18 Sep, 2017

Listing Date
IPO Issue Details
  • Issue Price Rs 1760 - Rs 1766 Per Equity Share.
  • Face Value Rs 10 Per Equity Share .
  • Issue Price Equity Shares of Rs 10 aggregating up to Rs 600.00 Cr.Fresh Issue of [ . ] Equity Shares of Rs 10 aggregating up to Rs 60.00 Cr.Offer for Sale of 3,053,675 Equity Shares of Rs 10 aggregating up to Rs [ . ] Cr.
  • Listing at BSE NSE
  • Lead Manager IDFC Bank Limited, IIFL Holdings Limited, Motilal Oswal Investment Advisors Limited and Yes Securities (India) Limited
  • Registrar Karvy Computershare Private Limited
IPO Details
  • Retail Portion N/A
IPO Details


The IPO of is priced at ₹1760 - 1766 per equity share, which has a face value of Rs 10 Per Equity Share . each, IPO bidding starts from Sep 6, 2017 and ends on Sep 8, 2017. The allotment for IPO will be finalized on Sep 14, 2017. IPO will be listed on BSE, NSE, with a tentative listing date fixed as Sep 18, 2017. The company shall list its equity shares on the BSE NSE. Karvy Computershare Private Limited is the registrar of the issue.

The book-running lead manager for the IPO is/are IDFC Bank Limited, IIFL Holdings Limited, Motilal Oswal Investment Advisors Limited and Yes Securities (India) Limited.


The IPO sets its price band at 1760 - 1766 for each share. A single application for Dixon Technologies (India) Limited IPO must contain at least 8 shares.

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IPO Subscription Analysis And Details
Retail
9.46x
QIB
134.67x
NII
345.62x
Total
117.27x
As on QIB NII Retail Total
Shares Offered / Reserved 6,79,264 5,09,188 11,88,105 23,76,557
Day 1 06-09-17
1.34 x 0.04 0.78 x 0.78 x
Day 2 07-09-17
8.93 x 0.30 3.27 x 4.25 x
Day 3 08-09-17
134.67 x 345.62 9.46 x 117.27 x
Valuations
Earnings Per Share (EPS) Rs 46.22
P/E Ratio 38
RoNW 25.48%
Net Asset Value (NAV) Rs 173.41
IPO - Issue Objectives
1

Repayment/pre-payment, in full or in part, of certain borrowings availed by our 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 vertical at our Dehradun I Facility

4

Upgradation of the information technology infrastructure of our Company

5

General corporate purposes