Issue Open : 6Sep 2017 to 8Sep 2017
Issue Type: Book Built Issue IPO
Issue Size: Offer for Sale of 3,053,675Equity Shares
Fresh Issue: aggregating up to Rs60.00 Cr
Face Value: Rs10 Per Equity Share
Issue Price: Rs1760–Rs1766Per Equity Share
Market Lot: 8Shares
Minimum Order Quantity: 8Shares
Listing At: NSE, BSE
Valuations: Dixon is highly dependent on certain key customers for a substantial portion of revenues (aggregate of five customers account for 82.93% of revenue) LOSS Of relationship with any Of these customers may impact business and its dependency on certain suppliers for raw materials any delays can adversely affect output.
Company as well as customers operate in a highly competitive industry. Failure to compete may impact on business.
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Taking into consideration, its dependency on certain key customers, rapidly changing consumer preferences, advancement in technology, cut throat competition our recommendation remains “NE UTRAL” for this IPO.
About Rudra Shares and Stock Brokers
RUDRA is one of the growing & dynamic brokerage houses with a strong presence in the Retail and HNI broking segment. With over 25 years of experience and lead by a team with outstanding managerial acumen, RUDRA is a professionally managed company supported by over 100 professionals, including Chartered Accountants, MBAs and other senior executives. RUDRA can thereby cater to its clients' short-term as well as long-term financial needs through a comprehensive bouquet of investment services. RUDRA offers a diverse range of financial services, including institutional and retail brokerage of Equity, Currency, Commodities, Derivatives, Online Trading, Depository Services, Fixed Deposits, IPOs and Mutual Funds Distribution, and Wealth Advisory & Research. RUDRA is looking to become one of the biggest broking houses. RUDRA Securities Limited, is a member of National Stock Exchange of India Limited, Bombay Stock Exchange Limited, MCX Stock Exchange, and Depository Participant of Central Depository Services (I) Limited. RUDRA can be approached online at www.rudrashares.com.
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