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D B Corp IPO is a book built issue of Rs 384.22 crores.
D B Corp IPO bidding started from December 11, 2009 and ended on December 15, 2009. The shares got listed on BSE, NSE on January 6, 2010.
D B Corp IPO price band is set at ₹185 to ₹212 per share. The minimum lot size for an application is 30 Shares. The minimum amount of investment required by retail investors is ₹6,360.
Citigroup Global Markets India Private Limited, Axis Capital Limited and Kotak Mahindra Capital Company Limited are the book running lead managers of the D B Corp IPO, while Kfin Technologies Limited is the registrar for the issue.
Refer to D B Corp IPO RHP for detailed information.
| IPO Date | December 11, 2009 to December 15, 2009 |
| Listing Date | January 6, 2010 |
| Face Value | ₹10 per share |
| Price Band | ₹185 to ₹212 per share |
| Lot Size | 30 Shares |
| Total Issue Size | 18,175,000 shares (aggregating up to ₹384.22 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
D B Corp IPO a total of 14,903,500 shares are offered. QIB: 7,633,500 (51.22%), NII: 1,817,500 (12.20%), RII: 5,452,500 (36.59%). Minimum number of shares to be allotted to RIIs : 30 shares. Minimum number of shares to be allotted to NIIs (sNII/bNII) : 960 shares.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | - | NA |
| QIB Shares Offered | 7,633,500 (51.22%) | NA |
| NII (HNI) Shares Offered | 1,817,500 (12.20%) | |
| Retail Shares Offered | 5,452,500 (36.59%) | 181,750 |
| Total Shares Offered | 14,903,500 (100%) |
Investors can bid for a minimum of 30 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 30 | ₹6,360 |
| Retail (Max) | 31 | 930 | ₹197,160 |
| Lot Size Calculator | |||
Incorporated in 1995, D B Corp Ltd is one of the leading print media companies in India, publishing 7 newspapers, 48 newspaper editions and 128 sub-editions in three languages (Hindi, Gujarati and English) in 11 states in India. Company's flagship newspapers are Dainik Bhaskar, Divya Bhaskar and Saurashtra Samachar have a combined average daily readership of 15.5 million readers making them one of the most widely read newspaper groups in India.
Dainik Bhaskar, with a total average daily readership of 11.7 million readers is a widely read newspaper in Madhya Pradesh, Chattisgarh, Rajasthan, Haryana, Punjab and Chandigarh. Divya Bhaskar is the number one Gujarati daily newspaper in terms of circulation in Gujarat. Comapny's other newspapers are Business Bhaskar, DB Gold, DB Star and on a franchisee basis DNA (in Gujarat and Rajasthan).
In addition to newspapers D B Corp publish 5 periodicals namely Aha Zindagi, a monthly magazine published in Hindi and Gujarati, Bal Bhaskar, a Hindi magazine for children, Young Bhaskar, a children�s magazine in English and Lakshya, a career magazine in Hindi. D B Corp also have a significant presence in the radio business under the brand name MY FM. They operate 17 FM radio stations.
The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital to:
1. Setting up new publishing units;
2. Upgrading existing plant and machinery;
3. Enhancing brand image through sales and marketing;
4. Reducing existing working capital loans;
5. Prepaying existing term loans; and
6. Achieving the benefits of listing.
The D B Corp IPO is subscribed 39.54 times on Dec 15, 2009 5:00:00 PM. The public issue subscribed 3.42 times in the retail category, 68.52 times in the QIB category, and 26.17 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| QIB | 68.52 |
| NII | 26.17 |
| Retail | 3.42 |
| Total | 39.54 |
CARE has assigned an IPO Grade 4 to D B Corp Ltd IPO. This means as per CARE, company has above average fundamentals. CARE assigns IPO gradings on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Click here to download the CARE IPO Grading Document for D B Corp Ltd.
| Listing Date | January 6, 2010 |
| BSE Script Code | 533151 |
| NSE Symbol | DBCORP |
| ISIN | INE950I01011 |
| Final Issue Price | ₹212 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE |
|---|
| ₹212.00 |
| ₹250.00 |
| ₹235.50 |
| ₹274.60 |
| ₹265.90 |
| NSE |
|---|
| ₹212.00 |
| ₹254.00 |
| ₹250.55 |
| ₹274.70 |
| ₹265.90 |
D B Corp Limited
Plot No. 280, Sarkhej Gandhinagar Highway,
Near YMCA Club, Makarba,
Ahmedabad, Gujarat 380 051, India.
Phone: +91 79 3988 8850
Email: dbipo@imcl.co.in
Website: http://www.bhaskarnet.com
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: einward.ris@karvy.com
Website: https://kosmic.kfintech.com/ipostatus/
D B Corp IPO is a main-board IPO of 18,175,000 equity shares of the face value of ₹10 aggregating up to ₹384.22 Crores. The issue is priced at ₹185 to ₹212 per share. The minimum order quantity is 30 Shares.
The IPO opens on December 11, 2009, and closes on December 15, 2009.
Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The D B Corp IPO opens on December 11, 2009 and closes on December 15, 2009.
D B Corp IPO lot size is 30 Shares, and the minimum amount required is ₹6,360.
You can apply in D B Corp IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for D B Corp IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the D B Corp IPO allotment status.
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RHP
DO NOT SELL D B REALTY ON LISTING DAY.
YOU WILL GET AT LEAST RS 550/- OR MORE WITHIN A WEEK.
BUT I HAVE GOT WESTED INTEREST AS I AM ALSO ALOTED SHARES.
BYE & TAKE CARE
IPO RAJAA