i appliied for 10 applcn 200 shares each at 5 pm i was expecting more than 10 times in retail.. it looks like retail will cross 13 times, only sellers have applied in this ipo means retail and nii, less participation from qib, and they will sale on listing , i m not very hopefull of big listing gain may list at around 160-180 not 40-50 premium which is its gmp
DQ Entertainment, a global animation, gaming and live action entertainment production and distribution company, has fixed March 29, 2010 as listing date for its equity shares, which were issued via recent public issue.
It has fixed issue price at Rs 80, at higher end of price band of Rs 75-80.
The 1.32 crore shares issue (excluding anchor investors' portion - total issue was of 1,60,48,011 shares), which was opened for subscription during March 8-10, was subscribed 86.33 times.
The biggest support was seen from the non-institutional investors, with their reserved portion being subscribed nearly 273 times followed by qualified institutional and retail investors. Their portion subscribed 94 times and 19.45 times, respectively.
DQE has raised more than Rs 128 crore through this issue. The company will utilise the net proceeds of the Issue to part finance investment in co-productions, focusing on IP content creation, development of office premises and production facilities; development of infrastructure and additional facilities at the SEZ Unit, Kokapet Village, Rangareddy District, Andhra Pradesh, investment in our subsidiary, DQ Entertainment(Ireland) Limited and general corporate purposes