Dixon Technologies debuts at a 60% premium today
Consumer electronics firm Dixon Technologies India Ltd debuted on the stock exchange at a price of Rs. 2,725 per share, up 60% from its issue price of Rs1,766. As of this writing the stock was trading at Rs. 2882 per share, 63% up from its issue price. The IPO for the company had opened between 6th and 8th of September, and was oversubscribed 117.8 times. The retail investors portion had been subscribed 10.6 times, the QIB bit 134.66 times, and the non-institutional investors portion 345.6 times. The stock had received a thumbs-up from multiple analysts, including Angel Broking, Ashika Stock Broking and BP Wealth.18-09-2017
