Issue Price
₹1,766
Per Share
GMP
NIL
Grey Market
Est. Listing
₹1,766
Expected Price
Min. Application
₹28,256
2 lots × 8 shares
Incorporated in 1993, 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 TVs2. Home appliances like washing machines3. Lighting products like LED bulb, tube lights, CFL bulbs etc.4. Mobile phonesCompany 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 contribute over 25% of its revenue.Company have six manufacturing facilities located in the states of Uttar Pradesh and Uttarakhand. Company has over 629 permanent employees and 4,030 contractors.Competitive Strengths1. Leading market position in key verticals (Manufacturing of TVs, washing machines, LED and CFL lights)2. Strong relationships with a diverse top-tier customer base (Global & National Brands and Domestic retail private labels)3. End to end solutions provider with dedicated research and development capabilities (R&D, Global sourcing, Backward integration, Reverse Logistics)4. Flexible and cost-effective manufacturing capabilities5. Strong Financial Performance and stable cash flows
Dixon Technologies (India) Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| TOTAL | 3,393,425 | 100.00% | ₹599.28 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 8 | ₹14,128 |
| Retail (Max) | 13 | 104 | ₹183,664 |
| sNII (Min) | 15 | 120 | ₹211,920 |
| bNII (Min) | 71 | 568 | ₹1,003,088 |
| Particulars | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 |
|---|---|---|---|
| Revenue from Operations | 1645.66 | 1253.65 | 1116.82 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 46.48 | 36.40 | 9.81 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 507.89 | 327.68 | 283.11 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |