Dixon Technologies (India) Limited IPO allotment status check online here… The allotment status is now available on Karvy website, check here following method for your application allotment status check and it should start trading from September 18th.
Dixon Technologies IPO issue has oversubscribed 117.83 times on the final day on Friday, as per data available on the NSE. The Rs 600-crore public issue of Dixon Technologies has received overwhelming response from investors on Friday, the last day for subscription.
According to stock exchange data, the portion of Dixon Technologies’ shares reserved for institutional investors was subscribed 134.77 times, while that reserved for non-institutional and retail investors saw subscriptions that were 345.73 and 10 times, respectively..
Dixon already raised Rs 179.78 crore from anchor investors, including Kuwait Investment Authority Fund, Goldman Sachs India, DSP BlackRock Micro Cap Fund, Steadview Capital Mauritius, ICICI Prudential Growth Fund and SBI Life. The company aims to raise Rs 597.44-599.27 crore through the issue, at a price band of Rs 1,760-1,766 per share.
IDFC Bank Ltd, IIFL Holdings Ltd, Motilal Oswal Investment Advisors Ltd and Yes Securities (India) Ltd are managing the share sale for Dixon Technologies.
“In the primary raise, the money will be spent on setting up LED TV capacity in Tirupati, expansion of our backward integration of lighting business, debt repayment, IT infrastructure and the rest will be used for general corporate purposes,” MD Atul B Lall added. Dixon plans to repay a debt of Rs 22 crore, invest Rs 7.57 crore in setting up its seventh manufacturing unit for LED television in Tirupati. The company will use Rs 8.85 crore for producing parts of LED lights at its Dehradun plant.
Dixon ipo allotment will be as per lottery and one will get good return on listing. Check out Dixon Technologies IPO Allotment Status online. You can check Dixon IPO Allotment via Application Number or Pan Card. Checkout Dixon Technologies ipo allotment dates and latest grey market premium as well.
Dixon Technologies IPO allotment status will be available soon. The IPO allotment is expected to take place within 6 working days from the closing of the issue. The allotment status should be available by September 14th and it should start trading from September 18th.
Dixon Technologies IPO Allotment Date: 14-Sept-2017
Dixon Technologies IPO Listing Date: 18-Sept-2017
Dixon Technologies IPO Basis of Allotment: 17:2 (Estimated)
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Following are the steps to be followed to know your Dixon Technologies IPO Allotment Status:
Check Dixon Technologies (India) Limited IPO allotment status below. Keep your PAN number handy to check the allotment details.
Step 1: Open link of BSE Website: BSE – Status of Issue Application
Step 2: Issue Name* : Select Dixon Technologies from Drop Down
Step 3: Enter Your Following Detail: Application Number & PAN No
Step 4: Click on “Search” Button
Step 1: Open below link of Registrar to the IPO: http://kosmic.karvy.com:81/ipotrack/
Step 2: Select Dixon Technologies IPO from Drop Drown
Step 3: Select Your Following Detail: PAN No/Application Number/DP ID/Client ID
Step 4: Application Type: Non ASBA/ASBA
Step 5: Enter Your Following Detail: PAN No/Application Number/DP ID/Client ID
Step 6: Enter the Captcha
Step 7: Click on “Submit” Button
Method 3: IPO Allotment Status by Email/SMS: https://kosmic.karvy.com/invreg.aspx Fill the detail in given link and you get email or sms of allotment detail.
Now Wait and Pray to God for you win allotment.