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Open
6 Sep 2017
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Close
8 Sep 2017
3
Allotment
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Listing
Mon, Sep 18, 2017
Price Band
₹1760 to ₹1766
Issue Size
33,93,425 shares (agg. up to ₹599 Cr)
Lot Size
8 Shares
Listing Date
Mon, Sep 18, 2017
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 82.58x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2017 | 31 Mar 2016 | 31 Mar 2015 |
|---|---|---|---|
| Assets | 507.89 | 327.68 | 283.11 |
| Total Income | 1,645.66 | 1,253.65 | 1,116.82 |
| Profit After Tax | 46.48 | 36.40 | 9.81 |
| NET Worth | 190.49 | 113.24 | 81.44 |
| Reserves and Surplus | 179.51 | 108.15 | 76.42 |
| Total Borrowing | 42.87 | 67.70 | 63.28 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Focus Lighting & Fixtures Ltd. | SME | ₹4.05 Cr | ₹45 | null | ₹54.00 | +20.00% | ₹74.05 (-1.62%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment/pre-payment, in full or in part, of certain borrowings availed by the Company | 22.00 |
| 2 | Setting up a unit for manufacturing of LED TVs at the Tirupati Facility | 7.58 |
| 3 | Finance the enhancement of the backward integration capabilities in the lighting products vertical at the Dehradun I Facility | 8.86 |
| 4 | Upgradation of the information technology infrastructure of the Company | 10.63 |
| 5 | General corporate purposes | 7.51 |
About Dixon Technologies IPO
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 TVs2. Home appliances like washing machines3. Lighting products like LED bulb, tube lights, CFL bulbs etc.4. Mobile phonesCompany 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.Competitive Strengths1. Leading market position in key verticals (Manufacturing of TVs, washing machines, LED and CFL light
Contact Details
Dixon Technologies (India) Ltd. AddressB-14 & 15, Phase-IINoida, Uttar Pradesh, 201305+91 120 473 7200investorrelations@dixoninfo.comVisit Website