Indian IPO Blog: Dixon Technologies India IPO
Showing posts with label Dixon Technologies India IPO. Show all posts
Showing posts with label Dixon Technologies India IPO. Show all posts

Friday, September 15, 2017

Listing Dates of IPOs in Sep 2017

September 15, 2017 0
Listing Dates of IPOs in Sep 2017

Listing Dates (Tentative)
IPOs in September 2017

👉Dixon Technologies IPO - 18/9/17

👉Bharat Road Networks IPO - 18/9/17

👉Matrimony IPO - 21/9/17

👉Capacite Infraprojects IPO - 25/9/17

👉ICICI Lombard IPO - 27/9/17

👉SBI Life IPO - 3/10/17

Wednesday, September 13, 2017

Dixon Technologies IPO Allotment Status expected soon

September 13, 2017 0
Dixon Technologies IPO Allotment Status expected soon

Tuesday, September 12, 2017

Dixon Technologies IPO Allotment and Listing schedule (Tentative)

September 12, 2017 0
Dixon Technologies IPO Allotment and Listing schedule (Tentative)

Finalisation of Basis of Allotment: Around Sep 13, 2017
Initiation of refunds: Around Sep 14, 2017
Credit of Equity Shares to demat accounts: Around Sep 15, 2017
Listing: Around Sep 18, 2017

Friday, September 8, 2017

Dixon Technologies IPO subscription blasts its way up

September 08, 2017 0
Dixon Technologies IPO subscription blasts its way up

The subscription level for Dixon Technologies IPO have rocketed its way with the IPO getting overbid more than 117 times as per data available till 5.45 pm on the closing day of the issue

The IPO has been subscribed by a hefty 135 times in the QIB category while the HNI category has received heavy numbers with the category getting overbid by atleast 345 times. The retail category has been oversubscribed by upwards of close to 9 times the portion reserved

Stay tuned to Indian IPO Blog or join our Whatsapp groups to stay updated on latest news, views and comments about IPOs in Indian stock markets

Dixon Technologies IPO subscription status update till Day 3 - 2.30 pm

September 08, 2017 0
Dixon Technologies IPO subscription status update till Day 3 - 2.30 pm

Wednesday, September 6, 2017

Dixon Technologies IPO - Is it worth subscribing?

September 06, 2017 0
Dixon Technologies IPO - Is it worth subscribing?
The rather steeply valued IPO of Dixon Technologies is open for subscription between Sep 6, 2017 and Sep 8, 2017

The IPO received welcoming carpet reception from QIBs on Day 1 with the category getting subscribed 1.78 times. If the category gets accelerated response on Day 2 as well, Retail and HNI investors are sure to follow the suit aggressively

Valuationwise though is the IPO worth? Here's a perspective...

With a price Band of Rs.1760 to Rs.1766, the PE ratio on the upper band is 41.42 times and there are no listed peers to compare as per RHP. However, if we look for cursory forced peers, Havells sits at PE of 56.83 and V Guard trades at 61.23. Comparatively, Dixon looks relatively humble

The company has shown a good growth in terms of consolidated Revenue 33.8% in the past 5 years and a respectable  growth in terms of Profit after tax.

The proceeds are intended to be used for the expansion which is also calming to ears.

All said and done and also taking into account quasi Euphoria in IPO markets, it may be worthwhile to go for Dixon for Long Term if not as a listing gain earner

Dixon Technologies IPO - Download Red Herring Prospectus (RHP)

September 06, 2017 0
Dixon Technologies IPO - Download Red Herring Prospectus (RHP)

Dixon Technologies IPO Subscription status on Day 1

September 06, 2017 0
Dixon Technologies IPO Subscription status on Day 1

Dixon Technologies (India) IPO - Company profile

September 06, 2017 0
Dixon Technologies (India) IPO - Company profile

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. 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 contributes around 25% of its revenue.

Stay tuned to Indian IPO Blog for more