Dixon Technologies IPO: Sound prospects, steep cost
While good revenue visibility and high return on capital are positives, the offer is pricey
The IPO of Dixon Technologies comprises a fresh issue of ₹60 crore and an offer-for-sale of ₹539 crore by private equity funds, bringing the total size of the issue to ₹599 crore. The price band is ₹1,760-1,766.
At the upper end of the price band, the stock’s market capitalisation, post-listing, will be about ₹2,000 crore. The company is a fully integrated contract manufacturer in consumer e...
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