DQ Entertainment IPO finally oversubscribed by 86.33 times

DQ Entertainment IPO, consisting of 16,048,011 Equity Shares of Rs.10 each, has been finally oversubscribed by 86.33 times on an overall basis. The IPO has received gigantic oversubscription in the HNI Category which stands at an enormous 272.88 times. Besides, the QIB Category and Retail Category has also shown an ardent support to the IPO. (Click here for detailed category-wise subscription status of the IPO)

DQ Entertainment (DQE) is one of the leading producers of Animation and Visual effects (VFX) for Global TV Series, Feature Films, Direct-To-Home Videos (DTH) including online, mobile and next-generation console game art and in-game Animation. SBI Capital Markets was the sole Book Running Lead Manager to the issue, while Karvy Computershare Pvt. Ltd. was the Registrar to the Issue

DQ Entertainment IPO has been rated with an IPO Grade 3 by the Credit Rating Agency Fitch. (Click here for more on DQ Entertainment IPO Rating from Fitch)

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> DQ Entertainment IPO subscribed 3.57 times till second day
> DQ Entertainment IPO subscribed 69% on the opening day
> DQ Entertainment IPO Details