DB Corp IPO : Basis of Allotment

by khalid on 04/01/2010 · 0 comments

D B Corp

DB Corp IPO had received robust response from investors and got subscribed nearly 40 times, making it the best IPO in terms of investor demand so far this year.

The Retail category was subscribed to the extent of 3.30 times. The total number of Equity Shares allotted in Retail category is 5452500 Equity Shares to 71767 valid applicants. There were 10836 applications for 1993200 Equity Shares made under the ASBA process of which 8230 applications for 600568 Equity Shares were found valid for allotment

DB Corp have fixed the issue price of its initial public offer (IPO) at Rs 212 per share, the upper end of the price band. The lower end of the issue price was Rs 185 per share. This Rs 212 is for non retailors and for retailor investors, the price will be at Rs 2 discounted and it will be Rs 210 per share.

Basis of Allotment is as follows :-

No. of Shares AppliedNo. of Shares AllottedRatio
30

30

10:33
6030

20:33
9030

10:11
120361:1
Additional 1 share1:87
150451:1
180551:1
210641:1
240731:1
270821:1
300911:1
3301001:1
3601091:1
3901181:1
4201271:1
4501361:1
Additional 1 share14:53
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