India: Dixon Tech IPO subscribed 78%, Bharat Road Network gets 22% on Day 1

India: Dixon Tech IPO subscribed 78%, Bharat Road Network gets 22% on Day 1

A cashier displays Indian rupee banknotes inside a bank in Jammu Photo: Reuters

The initial public offering (IPO) of Dixon Technologies (India) Ltd, a contract manufacturer of electronic products, was subscribed 78% on the first day on Wednesday, while that of Bharat Road Network Ltd, a roads and highways company, saw an overall subscription of 22%.

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