DQ Entertainment IPO opens for subscription

The Initial Public Offer (IPO) of DQ Entertainment (International) Ltd. (DQEI), a Animation and Entertainment production house, opens for subscription from today, i.e. Monday, March 08, 2010. DQ Entertainment is also creator of game art for online, mobile and next-generation consoles.

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

DQ Entertainment (International) Ltd. (DQEI) IPO would consist of 16,048,011 Equity Shares, having a Face Value of Rs.10/- each. The Equity Shares will be offered in a price band having Rs.75/- as the lower end and Rs.80/- as the upper end of the price band. A discount of Rs.7/- to the issue price determined pursuant to completion of the book building process will be offered to eligible employees of the company.

SBI Capital Markets is the sole Book Running Lead Manager to the issue, while Karvy Computershare Pvt. Ltd. is the Registrar to the Issue

Check back Indian IPO Blog for day-to-day subscription status updates on DQ Entertainment (International) Ltd. IPO!

More posts on DQ Entertainment (International) IPO:
> DQ Entertainment IPO Details
> DQ Entertainment IPO - Bid Lot size
> DQ Entertainment IPO - Price Band Fixed
> DQ Entertainment IPO assigned IPO Grade 3