Indian IPO Blog

    • Thursday, September 7, 2017

    Upcoming IPOs dates - September 2017

    September 07, 2017 0
    Upcoming IPOs dates - September 2017
    Bharat Road Network IPO
    Issue Open On: 6/9/17
    Issue Close On: 8/9/17
    Price Band: Rs. 195-205
    Bid Lot Size - 73
    Allotment - 14/9
    DP Credit - 15/9
    Listing -  18/9
    Registrar- Karvy

    Dixon Technologies IPO
    Open 6/9 to 8/9
    Prise - 1760 to 1766
    Bid Lot  - 8 share
    Allotment- 13/9
    DP credit - 15/9
    Listing - 18/9
    Registrar- Karvy

    Matrimony.com IPO
    Open - 11/9 to 13/9
    Prise - 983 to 985
    Retail Disc Rs. 98/- (887)
    Allotment - 19/9
    DP credit - 20/9
    Listing - 21/9
    Registrar - Karvy

    CAPACIT'S Infraprojects IPO
    Open - 13/9 to 15/9
    Prise - 245 to 250
    Bid Lot - 60 share
    Allotment- 21/9
    DP credit - 22/9
    Listing - 25/9
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    Dixon Technology IPO subscription figures as on Day 2 - 5 PM

    September 07, 2017 0
    Dixon Technology IPO subscription figures as on Day 2 - 5 PM
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    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
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    Dixon Technologies IPO - Download Red Herring Prospectus (RHP)

    September 06, 2017 0
    Dixon Technologies IPO - Download Red Herring Prospectus (RHP)
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    Dixon Technologies IPO Subscription status on Day 1

    September 06, 2017 0
    Dixon Technologies IPO Subscription status on Day 1
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    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
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    Monday, September 4, 2017

    Matrimony.com (Bharat Matrimony) IPO Price Band and details

    September 04, 2017 0
    Matrimony.com (Bharat Matrimony) IPO Price Band and details
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