D B Corp Limited IPO Message Board (Page 11)

Here is a verbatim transcript of the exclusive interview with Falguni Nayar and Salil Pitale on CNBC-TV18. Also watch the accompanying video.

Q: What would you attribute this success in terms of subscription of DB Corp. Is it largely that the IPO chose to leave a little more on the table?

Nayar: I would like to attribute it to two or three multiple factors. Clearly it a very strong franchise in terms of the newspaper franchise in non-English language. In terms of their readership, the multiple language exposure that they have, their readership is almost 15.5 million and circulation is almost 4.1 million. So, I think it is a very strong brand and a strong company.

But yes, the second important thing is that in terms of the valuation, the way the deal was priced, it was appropriately benchmarked with other sector comparisons and the company was seen as a very strong company coming at a right valuation. So that led to this huge response. In fact the institutional subscription as you maybe aware was 68.5 times.

The interest was evident from an anchor book also; the anchor book was really well subscribed by people like Fidelity, GSIC, ICICI Pru Life, and Nomura. All the good quality names and couple of other interesting clients also were in the books. So I think in that sense the interest in the anchor book was also tremendous and that led to a huge success in the main deal.

DB CORP SEEMS TO BE GOOD IN LONG TERM. AS FAR AS LISTING GAINS ARE CONCERNED IT ALL DEPEND ON MARKET CONDITION. MARKET MAY TAKE POSITIVE NOTE IN NEW YEAR

d.b. corp is another cox & king

db corp may not get good listing because opposition party is financialy strong try to break price on listing day

208, Kamal,
Thanks for the information.

ASBA is a very convenient and cost effective procedure. I tried for the first time. Very convenient. Pl.use.

205 Natarajan
The total retail portion was subscribed to the extent of 3.4209 times. Out of the above, 3.2 times at cut-off. The calculation is based on the data published at NSE website.

yes, retail subscription at cut-off was 3.1 times.

Dear All,
Stil some among us are talking about cheque clearance.Dear friends SEBI has brought the concept of ASBA where you need not to deduct the amount from your account .It will deducted once you get the allotment.So I advice you to use ASBA and earn interest also because the money stays in your account only till the allotment of shares.

Though the retail portion was subscribed by 3.2 times, those who applied at the upper end of the price band or cut off price could be a little lesser. Anybody, any idea?

I agree with the comments made by Krish The posts should be useful for other readers. Let us not waste others time by posting some trash and downgrade this forum. This forum is very useful for those who are following primary markets and the moderator is doing a good job, and I myself has migrated hee from other forum. I request all trash messages shoud be removed immediately after posting, if not prevent them from posting. We all should support good and thoughtful messages esp from boarderers such as Ravi.

We should not give much imoprtance to GMP as Mr. Ravi rightly pointed out once.

DB CORP to list with Rs 35 premium. Sell the stock opn listing.

better to sell in grey market rather than on opening day b'caz it will list hardly at 4-5 premium only. fiis' & qibs' making fool all indians & packing to move to celebrate christmas for 10 days.market will loose on monday heavily.

200. haris mittal

My all the client's cheque were debited itself yesterday only.

YOUR A/C. HAS NOT BEEN DEBITED MEANS.THERE MIGHT BE SOME PROBLEM WITH YOUR APPLICATION.

Please check first, with you beeded at place of application
secondly contact to collectiong bank.

IF YOUR A/C. IS NOT DEBITED IT MEANS . YOUR APPLICATION IS NOT PROCESSED OR MIS-PLACED.

COLLETING BANK HAS TO REPORT TO REGSTRAR & LEAD MANGER VIA THERE H.O. ON 3rd/4th DAY ABOUT COLLECTION AMOUNT OF APPLICATIONS AND BOUNCED CHEQUES ALSO.
.

TODAY CHEQUES DEBITED IN THE BANK A/C.

abhi tak cheque ka balance account se deduct nahi hua hai, aaj tisra din tha. kya baat hai.

jsw ipo allotment happening soon. people who will be alloted will not like it in the first year. they will think that they have squandered their money. In the second year, same feeling will continue. In the third yera, it will continue. Finally, the Jindals will leave India.

HT Media 137- Target 154-162 area, Stop-loss 130. BUY below 140. Time-frame: Two weeks.

Jagran Prakashan 124- Target 129-132 area, Stop-loss 111. BUY in 122-119 range. High Risk as stop-loss is wide. Time-frame: Two weeks.

My view is on technical analysis. Stop-loss is important. There is risk of loss in trading.

DB corps has tremendous steam and will not sell in aggrevation. it will lead upto 350 after listing on 270-280

What are the upcoming IPOs in Jan 2010?