D B Corp IPO fixes Issue Price - Indian IPO Blog

Thursday, December 24, 2009

D B Corp IPO fixes Issue Price

D B Corp Ltd. has fixed the Issue Price of its recent IPO to Rs.212/- per equity share. D B Corp IPO was subscribed merely 2.45 times till the second-last day. However, the IPO received an overwhelming response on its closing day, with the overall subscription figure climbing upto as much as 39.54 times

D B Corp IPO had received tremendous oversubscription in QIB and HNI Categories, which are oversubscribed 68.52 times and 26.17 times respectively.

The issue price of Rs.212/- per equity share, is at the upper end of the price band which was Rs.185/- to Rs.212/- per share

Stay tuned for more on D B Corp IPO!

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