Den Networks IPO subscribed 15% on First Day - Indian IPO Blog

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Wednesday, October 28, 2009

Den Networks IPO subscribed 15% on First Day

The Initial Public Offer (IPO) of Den Networks Limited, a company engaged in the business of distribution of analog and digital cable television services, has received a lukewarm response on its day of opening with the IPO getting subscribed only 0.15 times on an overall basis on its first day.

The IPO has been subscribed 0.25 times in the QIB Category, whereas Retail Category is subscribed only 3.45% (i.e. 0.0345 times). Den Networks IPO is open till Friday, October 30, 2009

Check back Indian IPO Blog for day to day updates on subscription status of Den Networks IPO!

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