BackDixon Technologies to sell shares in Rs1,760 to Rs1,766 price range in IPO next week
Dixon Technologies will sell shares in a price range of Rs1,760 to Rs1,766 in its initial public offering set to open on 6 September
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Mumbai: Consumer electronics maker Dixon Technologies (India) Ltd will sell shares in the price range of Rs1,760 to Rs1,766 in its initial public offering (IPO) set to open on 6 September, a public notice said on Tuesday.
The IPO will raise about Rs600 crore ($93.9 million) at the upper end of the price range.
The company is selling new shares to raise up to Rs60 crore, while some of its shareholders are planning to sell just over 3 million shares in the offer that closes on 8 September.
Indian investment banks IDFC Bank, IIFL Holdings, Motilal Oswal and Yes Securities are managing the IPO.
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