DQ Entertainment IPO : Plans IPO in India

by khalid on 12/10/2009 · 0 comments

DQ Entertainment, a leading producer of animation, visual effects and gaming content, has decided to enter the capital market with an IPO 1.98 crore equity shares of Rs 10 each. DQ Entertainment IPO is the only IPO in entertainment sector this fiscal. The company is already listed in London stock exchange. The issue price would be determined through 100 per cent book building process.

DQ Entertainment, an Andhra Pradesh-based animation, gaming and entertainment production and distribution group, had got listed on the Alternative Investment Market (AIM) of the London Stock Exchange on 18 December, 2007.

At present, DQ Entertainment’s shares were quoted around 108 pence at the LSE, with market cap of €38.8 million.

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