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

Thursday, December 10, 2009

D B Corp IPO opens for subscription from December 11, 2009

The IPO of DB Corp Ltd. opens for subscription from Friday, December 11, 2009. D B Corp Ltd., is one of the leading print media companies in India. D B Corp's newspapers publications include Dainik Bhaskar, Divya Bhaskar and Saurashtra Samachar. D B Corp Ltd.'s Divya Bhaskar is the number one Gujarati daily newspaper in terms of circulation in Gujarat

The price band for the IPO is fixed at Rs.185/- to Rs.212/- per equity share, having a Face Value of Rs.10/- each. The floor price of the price band is 18.5 times its Face Value, while the cap price is 21.2 times its face value. The IPO will remain open till Tuesday, December 15, 2009
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