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18-Sep2017

Dixon Technologies lists with 54% premium on the bourses

Dixon Technologies (India) debuted at Rs 2725.00 on the BSE, up by 959 points or 54.30% from its issue price of Rs 1,766.

The scrip is currently trading at Rs 2890.20, up by 1124.20 points or 63.66% from its issue price. It has touched a high and low of Rs 2998.90 and Rs 2725.00 respectively. So far, 5,52,000 shares were traded on the counter.

The offering, which was open for subscription between September 6 and September 8, was subscribed 117.83 times. The issue price was fixed at Rs 1766 per share i.e. at upper end of price band of Rs 1760-1766 apiece.

Dixon Technologies is engaged in manufacturing products in the consumer durables, lighting and mobile phones markets. The product portfolio of Dixon include Consumer electronics like LED TVs,  washing machines, Lighting products like LED bulb, tube lights, CFL bulbs and Mobile phones etc.


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