Dixon Tech, Bharat Road Network to list on bourses on Monday

Press Trust of India  |  New Delhi 

Dixon Technologies and Road Network, which have concluded their initial public offers (IPOs) recently, will make debut on Monday.

Consumer electronics manufacturer Dixon Technologies' IPO was oversubscribed 117.83 times between September 6-8.


The portion reserved for qualified institutional buyers (QIBs) was oversubscribed 134.66 times, non institutional investors - 345.61 times and retail individual investors - 10.60 times.

The company had fixed the price band at Rs 1,760-1,766.

The offer comprised of fresh issue aggregating up to Rs 60 crore and offer for sale of up to 30,53,675 by certain existing shareholders.

The IPO of Road Network was oversubscribed 1.81 times during September 6-8.

The portion set aside for qualified institutional buyers (QIBs) was oversubscribed 1.33 times, non institutional investors 1.63 times and retail individual investors 5.69 times.

Road Network's over Rs 600 crore IPO had a price band of Rs 195-205 per share.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, September 15 2017. 17:32 IST