Dixon Technologies has raised nearly Rs 180 crore from anchor investors, including Kuwait Investment Authority Fund and Goldman Sachs India, ahead of its initial public offer (IPO). The shares would be allocated at the upper end of the Rs 1,760-1,766 IPO price band. The company has finalised allocation of more than 10.18 equity shares at a price of Rs 1,766 apiece to the anchor investors.
Apart from Kuwait Investment Authority Fund and Goldman Sachs India Fund, other anchor investors include DSP BlackRock Micro Cap Fund, Steadview Capital Mauritius, HDFC Small Cap Fund and HSBC Indian Equity Mother Fund.
Kotak Midcap, ICICI Prudential Growth Fund, SBI Life Insurance Company and Birla Sun Life Insurance Company are among the other anchor investors.
Dixon Technologies is engaged in manufacturing products in the consumer durables, lighting and mobile phones markets. The product portfolio of Dixon include Consumer electronics like LED TVs, washing machines, Lighting products like LED bulb, tube lights, CFL bulbs and Mobile phones etc.
| Company Name | CMP |
|---|---|
| LG Electronics India | 1578.40 |
| Dixon Technologies | 11374.00 |
| IFB Industries | 1116.00 |
| Honeywell Automation | 32808.35 |
| Elin Electronics | 119.75 |
| View more.. | |
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