Dixon Technologies (India) Ltd IPO – Everything you must know

dixon technologies IPO

Dixon Technologies (India) Ltd, a consumer electronics maker will sell shares in the price range of Rs. 1,760 to Rs. 1,766 in its initial public offering (IPO) set to open on 6 September, a public notice said on Tuesday.

Price Range: Rs. 1,760 to Rs. 1,766

Raising Amount: Rs. 600 crore ($93.9 million)

The IPO will raise about Rs. 600 crore ($93.9 million) at the upper end of the price range.

The company is selling new shares to raise up to Rs. 60 crore, while some of its shareholders are planning to sell just over 3 million shares in the offer that closes on 8 September.

Indian investment banks IDFC Bank, IIFL Holdings, Motilal Oswal and Yes Securities are managing the IPO.