Analysis and Insights into the world of IPOs and investing in India

Wednesday, December 16, 2009

D B Corp IPO finally subscribed 39.54 times

D B Corp IPO has received an incredible response on its closing day, with the IPO subscription shooting up to 39.54 times on an overall basis, with 3.42 times in Retail Category. The IPO was subscribed merely 2.45 times till the second-last day.

D B Corp IPO has received tremendous oversubscription in QIB and HNI Categories, which are oversubscribed 68.52 times and 26.17 times respectively. The corresponding subscription status till the second-last day in QIB and HNI Categories was 4.47 times and 0.74 times respectively.

Following is the category-wise Subscription Status (Final) of D B Corp IPO

D B Corp IPO Oversubscription Status (Final) as on Tuesday, December 15, 2009 1700 hrs IST:
QIB: 68.52 times
Non-Institutional Investors: 26.17 times
Retail: 3.42 times
Overall: 39.54 times
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