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DQ Entertainment IPO subscribed 3.57 times till second day

DQ Entertainment (International) IPO, which opened for subscription from yesterday, i.e. Monday, March 08, 2010, has been subscribed 3.57 times on an overall basis till Day 2. The IPO has received good response from QIB Category which is overbid 6.47 times till Day 2. The response from the Retail Category has been average till now with the the Category getting subscribed 0.93 times till the second day. Following is the category-wise subscription status as on Day2:


DQ Entertainment (International) IPO Bidding Status on Day 2, i.e. Tuesday, March 09, 2010 1700 hrs IST:
QIB: 6.47 times
Non-Institutional Investors: 0.05 times
Retail: 0.93 times
Employees: 0.01 times
Overall: 3.57 times

Update: DQ Entertainment IPO oversubscribed more than 85 times

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