D. B. Corp IPO : Subscription Status

by khalid on 15/12/2009 · 1 comment

D B Corp

Four IPO’s in a row had received a lukewarm response from retail investors before this D.B. Corp IPO. This D. B. Corp IPO was open for public on 11th Dec 09 and closed today on 15th Dec 09.

The qualified institutional placement (QIP) segment is subscribed 68.52 times. The high networth individual (HNI) segment has been subscribed 26.17 times and the retail segment has been subscribed 3.42 times. As far as the total issue is concerned, it has been subscribed 39.54 times.

The company expects to collect about Rs 385.31 crore thrrough tis IPO at a price range of about Rs 185 per share on the lower end and to about Rs 212 per share on the upper end.

The issue type is 100% book building and will be listed in NSE and BSE.

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