Dixon Technologies (India) IPO
Dixon Technologies (India) Limited (DIXON) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 18 September 2017.
Issue details
Listing day
Subscription status
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIB (institutions) | 6,79,264 | 9,14,67,464 | 135x | |
| NII (HNI) total | 5,09,188 | 17,59,82,928 | 346x | |
| Retail | 11,88,105 | 1,25,90,792 | 10.6x | |
| Total | 23,76,557 | 28,00,41,184 | 118x |
Bids on NSE and BSE together, as published by NSE. Shares offered exclude the anchor portion. 4% of all shares bid for were at the cut-off price.
Past IPOs with similar demand
Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to Dixon Technologies (India)'s, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| Advanced Enzyme TechnologiesJul 2016 | 94.0x | 393x | 11.7x | 116x | ₹413 Cr | +35.0% | +38.8% |
| Avenue SupermartsMar 2017 | 145x | 278x | 7.51x | 105x | ₹1,895 Cr | +100.7% | +117.0% |
| Thyrocare TechnologiesApr 2016 | 73.2x | 225x | 8.73x | 73.5x | ₹479 Cr | +49.1% | +49.1% |
| Central Depository Services (India)Jun 2017 | 149x | 563x | 23.8x | 170x | ₹524 Cr | +67.8% | +81.2% |
| RBL BankAug 2016 | 85.1x | 198x | 5.70x | 69.6x | ₹1,219 Cr | +21.9% | +35.8% |
| Housing and Urban Development CorporationMay 2017 | 55.5x | 330x | 10.8x | 79.5x | ₹2,125 Cr | +21.7% | +29.8% |
Lead managers and their listing record
| Book running lead manager | Mainboard IPOs since 2019 | Avg listing gain | Listed at a premium |
|---|---|---|---|
| IDFC Bank | — | — | — |
| IIFL Holdings | — | — | — |
| Motilal Oswal Investment Advisors | 47 | +15.0% | 72% |
| YES Securities (India) | 6 | +28.6% | 83% |
Offer documents (NSE)
Frequently asked
What is the Dixon Technologies (India) IPO price band and lot size? ₹1,760–1,766 per share, with a lot of 8 shares, so the smallest retail bid is ₹14,128.
How many times has it been subscribed? 118x overall: QIB 135x, NII 346x, retail 10.6x.
How did it list? It opened at ₹2,725, +54.3% against the issue price of ₹1,766, and closed its first day +63.7%.
