Dixon Technologies (India) IPO GMP History
Dixon Technologies (India) IPO has been listed on September 18, 2017 at a listing price of ₹2725, against the issue price of ₹1766 — a gain of ₹959 (+54.3%). The GMP peaked at ₹690 on 14 September 2017 and reached a low of ₹395 on 2 September 2017. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Dixon Technologies (India) IPO raised ₹599.28 Cr. through its IPO at a price band of ₹1760 to ₹1766 per share, with a lot size of 8 shares. The IPO was open for subscription from 06 Sep 2017 to 08 Sep 2017.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 12 Nov, 3:11 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 14 Sep 2017 | ₹ 690 | — | 39% | — | — |
| 13 Sep 2017 | ₹ 690 | ▲ | 39% | — | — |
| 12 Sep 2017 | ₹ 665 | — | 38% | — | — |
| 11 Sep 2017 | ₹ 665 | ▲ | 38% | — | — |
| 09 Sep 2017 | ₹ 610 | — | 35% | — | — |
| 08 Sep 2017 | ₹ 610 | — | 35% | — | — |
| 07 Sep 2017 | ₹ 610 | ▲ | 35% | — | — |
| 06 Sep 2017 | ₹ 590 | ▲ | 33% | — | — |
| 05 Sep 2017 | ₹ 510 | — | 29% | — | — |
| 04 Sep 2017 | ₹ 510 | ▲ | 29% | — | — |
| 02 Sep 2017 | ₹ 395 | — | 22% | — | — |
Dixon Technologies (India) IPO dates
Key dates from opening to listing. Today is 12 November.
- Open 06 Sep 2017
- Close 08 Sep 2017
- Allotment 13 Sep 2017
- Refund/credit 14 Sep 2017
- Listing 18 Sep 2017
Dixon Technologies (India) IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹1766 |
|---|---|
| GMP-based estimate (pre-listing) | ₹2456 (+39.1%) |
| Listing gain / loss | +₹959 per share |
| Listing date | 18 Sep, 2017 |
| Actual listing price | ₹2725 (+54.3%) |
Is Dixon Technologies (India) IPO GMP reliable?
Grey market premium for Dixon Technologies (India) IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Dixon Technologies (India) IPO full review for a fundamentals-based assessment before making any grey market trades.
Dixon Technologies (India) IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Dixon Technologies (India) IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Dixon Technologies (India) IPO
Dixon Technologies (India) Limited makes products in the consumer durables, lighting and mobile phone markets. Its promoter is Sunil Vachani.
Its products include LED TVs, washing machines, LED bulbs, tube lights, CFL bulbs and mobile phones.
It also provides repair and refurbishment services for set top boxes and mobile phones.
The IPO was Rs 599.28 crore, with Rs 60.00 crore of fresh issue and Rs 539.28 crore of offer for sale, at Rs 1,766, the top of the Rs 1,760 to Rs 1,766 band. The fresh money was for repaying debt, an LED TV unit at Tirupati, backward integration in lighting and IT upgrades.
Frequently asked
What is the GMP of Dixon Technologies (India) IPO?
The current Grey Market Premium (GMP) of Dixon Technologies (India) IPO is ₹ 690.
What is the Kostak Price of Dixon Technologies (India) IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Dixon Technologies (India) IPO is not available.
What is the Subject to Sauda Price of Dixon Technologies (India) IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Dixon Technologies (India) IPO?
Dixon Technologies (India) IPO listed on September 18, 2017 at ₹2725, against the issue price of ₹1766 — a gain of +54.3%.
How did the GMP of Dixon Technologies (India) IPO trend before listing?
The GMP of Dixon Technologies (India) IPO was stable in its final days before listing. The GMP peaked at ₹690 on 14 September 2017. View the day-wise table above for the complete GMP history.
Explore Dixon Technologies (India) IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
