IPO price band fixed at Rs 1,760-1,766 per share
The initial public offer (IPO) of Dixon Technologies (India) opens on 6 September 2017. The issue comprises of a fresh issue of equity shares aggregating up to Rs 60 crore by the company and an offer for sale (OFS) of up to 30.53 lakh shares by the selling shareholders including promoters. The price band for the IPO was fixed at Rs 1,760-1,766 per share. The IPO closes on 8 September 2017.
Dixon Technologies (India) is a leading home grown design-focused and solutions company engaged in manufacturing products in the consumer durables, lighting and mobile phones markets in India.
The company is a fully integrated end-to-end product and solution suite to original equipment manufacturers (OEMs) ranging from global sourcing, manufacturing, quality testing and packaging to logistics. It is also an original design manufacturer (ODM) of lighting products, LED TVs and semi-automatic washing machines in India.
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