DB Corp IPO : Fixes issue price at Rs 212 per share

by khalid on 21/12/2009 · 0 comments

D B Corp

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.

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

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