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DQ Entertainment (International) Ltd IPO (DQ Entertainment IPO) Detail

March 8, 2010 - March 10, 2010

DQ Entertainment IPO is a book built issue of Rs 128.16 crores.

DQ Entertainment IPO bidding started from March 8, 2010 and ended on March 10, 2010. The shares got listed on BSE on March 29, 2010.

DQ Entertainment IPO price band is set at ₹75 to ₹80 per share. The minimum lot size for an application is 80 Shares. The minimum amount of investment required by retail investors is ₹6,400.

SBI Capital Markets Limited is the book running lead manager of the DQ Entertainment IPO, while Kfin Technologies Limited is the registrar for the issue.

Refer to DQ Entertainment IPO RHP for detailed information.

DQ Entertainment IPO Details

IPO Date March 8, 2010 to March 10, 2010
Listing Date March 29, 2010
Face Value ₹10 per share
Price Band ₹75 to ₹80 per share
Lot Size 80 Shares
Total Issue Size16,048,011 shares
(aggregating up to ₹128.16 Cr)
Issue Type Book Built Issue IPO
Listing At BSE

DQ Entertainment IPO Reservation

DQ Entertainment IPO offers 13,217,151 shares. 6,605,340 (49.98%) to QIB, 1,572,700 (11.90%) to NII, 4,718,100 (35.70%) to RII, 321,011 (2.43%) to employees. 58,976 RIIs will receive minimum 80 shares and (sNII) and (bNII) will receive minimum 2,560 shares. (in case of oversubscription)

Investor Category Shares OfferedMaximum Allottees
Anchor Investor Shares Offered-NA
QIB Shares Offered6,605,340 (49.98%)NA
NII (HNI) Shares Offered1,572,700 (11.90%)
Retail Shares Offered4,718,100 (35.70%)58,976
Employee Shares Offered321,011 (2.43%)NA
Total Shares Offered13,217,151 (100%)

DQ Entertainment IPO Lot Size

Investors can bid for a minimum of 80 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 80 ₹6,400
Retail (Max) 31 2480 ₹198,400
Lot Size Calculator

About DQ Entertainment (International) Ltd

Incorporated in 2007, DQ Entertainment (International) Limited is one of the leading producers of animation, visual effects, game art and entertainment content for the Indian as well as global media and entertainment industry. They are a producer, co-producer and global distributor of TV series, direct-to-home videos and feature films. DQ Entertainment is also creators of game art for online, mobile and next-generation consoles. They have forayed into production and distribution of live action television and feature films.

DQ Entertainment with its Production, Sales, Licensing and Distribution centers in Hyderabad, Chennai, Mumbai, Kolkata, Manila, Ireland, Paris, Los Angeles and Japan with work force of 3500+(2788 permanent employees and 712 freelancers and trainees).

Company Financials

ParticularsFor the year/period ended ( Millions)
Total Income1,509.08945.73
Profit After Tax (PAT)161.50 70.09

Objects of the Issue (DQ Entertainment IPO Objectives)

The object of the issue are to:

1. Investment in co-production agreements, focusing on IP content creation;
2. Development of office premises and production facilities; development of infrastructure and additional facilities at the SEZ Unit, Kokapet Village, Rangareddy District, Andhra Pradesh;
3. Investment in subsidiary, DQ Entertainment(Ireland) Limited; and
4. General corporate purposes.

DQ Entertainment IPO Subscription Status (Bidding Detail)

The DQ Entertainment IPO is subscribed 86.33 times on March 10, 2010 6:30:00 PM. The public issue subscribed 19.45 times in the retail category, 93.86 times in the QIB category, and 272.88 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

DQ Entertainment (International) Ltd IPO Grading / Rating

Fitch has assigned an IPO Grade 3 to DQ Entertainment (International) Ltd IPO. This means as per Fitch, company has 'Average Fundamentals'. Fitch 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 Fitch IPO Grading Document for DQ Entertainment Ltd

DQ Entertainment IPO Prospectus

DQ Entertainment IPO Rating

Rating:Rated 3.7 stars
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DQ Entertainment IPO Listing Details

Listing Date March 29, 2010
BSE Script Code 533176
NSE Symbol DQE
ISIN INE656K01010
Final Issue Price ₹80 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

Check IPO Performance…

DQ Entertainment (International) Ltd Contact Details

DQ Entertainment (International) Ltd
644, Aurora Colony,
Road Number 3,
Banjara Hills, Hyderabad - 500 034
Phone: + 91 40 2355 3726/27

DQ Entertainment IPO Registrar

Kfin Technologies Limited

Phone: 04067162222, 04079611000

DQ Entertainment IPO - Buy or Not

DQ Entertainment IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 1 0 0
Members 0 0 0

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DQ Entertainment IPO FAQs

DQ Entertainment IPO is a main-board IPO of 16,048,011 equity shares of the face value of ₹10 aggregating up to ₹128.16 Crores. The issue is priced at ₹75 to ₹80 per share. The minimum order quantity is 80 Shares.

The IPO opens on March 8, 2010, and closes on March 10, 2010.

Kfin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE.

The DQ Entertainment IPO opens on March 8, 2010 and closes on March 10, 2010.

DQ Entertainment IPO lot size is 80 Shares, and the minimum amount required is ₹6,400.

You can apply in DQ Entertainment 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 DQ Entertainment IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the DQ Entertainment IPO allotment status.

The DQ Entertainment IPO listing date is on March 29, 2010.
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DQ Entertainment IPO Message Board

Ranked Members of Forum  Ranked Members | Members with Most Likes



702. ds |   Link |  Bookmark |April 16, 2010 11:03:54 AM
one can buy with the target of 200+ in a month

thanks happy investing
701. stockman |   Link |  Bookmark |April 11, 2010 6:31:52 AM
it will not drift to Rs90.but will bounce before that
700. stockman |   Link |  Bookmark |April 11, 2010 6:29:47 AM
may slip a bit and then spike upwards after weaker hands exit.
699. Ganesh |   Link |  Bookmark |April 10, 2010 7:41:01 PM
Many operators are in DQ Entertainment, so I suggest to hold it for smart gains. I feel Rs.140 may be seen in this share.
698. anil |   Link |  Bookmark |April 10, 2010 6:11:30 PM
exit from DQ entertainment because it will trade below 90 in a week, and make position in persistent for one-two months perspective it will touch 550-650 and fundamantely it is very good script and very low equity in the market ( only 54 Laks shares ) . Hence strong recommednation for persistent only BUY at any level .
697. S mahalingam |   Link |  Bookmark |April 9, 2010 6:55:18 PM
DQ entertainment is slowly slipping....Will it go below 100?
696. LFC |   Link |  Bookmark |April 9, 2010 6:27:12 AM
Any Targets for this stock?
695. Rajesh singla |   Link |  Bookmark |April 7, 2010 3:02:58 PM
Can Anybody Please Explain this?
DQ Ent. At the upper band of Rs80, the market capitalisation post issue for DQE would stand at Rs634cr, which equates to rich valuations - P/E of 20.3x.

But If we seeing Earning which is 16.5 Crores n No. of Shares issued is 1.6 Crores. So E/S comes out to be almost 10. Hence P/E becomes 8...
But all the research companies r making it 20x. Can anyone clarify me on this?
694. milinds |   Link |  Bookmark |April 5, 2010 9:41:06 PM
wiseowl, perth
i am in market for last 20 years & i agree with your views in toto. keep it up. good information & advice
693. WiseOwl, Perth |   Link |  Bookmark |April 5, 2010 8:23:47 PM
@681. Ravi, Bangalore
I did not intend any offence. I was expressing my view, that for retail investors, for new listings, trading based on technical analysis does not offer superior returns. Personally, do not intend to act on or against your advice. I’d rather act on value based approach, that may be same or different from your charting.
ACC during HSM bull run was at high PE ratio and high PEG ratio so not a good choice for a fundamentals driven value investor. KK Singh of Rolta is known to enter into transactions favouring his family’s privately held companies over publicly held Rolta, and at highs Rolta or realty companies did not represent value either, and Satyam – the whole balance sheet was cooked so insider trading was the only way to profit! According to principles of value investing one should invest in companies with low PE ratio compared to peers, however in case of high growth companies, the PE tends to be high but the PEG ratio should be below 0.8. The management of the company should be good to work the asset base well so ROA should be > 10% at least and ROE > 10% and EPS should be growing EPSG > 14% [a lot of good fundaments stocks that are going nowhere lack this growth] after this quick check look for a decent market capitalization and good average traded value, check for any negative announcements or adverse news and temper this with a dash of very basic charting like a golden cross over 20EMA, and you have the recipe for a winning portfolio. Review after every reporting season if the fundamentals are still strong, this is like a stop loss; and book profits when price catches up with value. With indices at 2 year highs this is a good time to spring clean your portfolio.
I work for what is called a FII, designing programs for ALGO trading, which relies on super fast computers doing analysis and executing trades in microseconds from premises located close to the stock exchange for lowest possible latency with miniscule transaction costs. These kind of overwhelming advantages cannot be beaten by retail investors trading in newly listed stock, in what is almost a zero sum game. So as a person who knows the workings, I was proposing the value proposition to the retail audience of this group. Too many buy/sell indicators generated will just make your broker, DP and taxman richer, and distract you from concentrating on your business or profession.
692. BJ |   Link |  Bookmark |April 3, 2010 6:34:23 PM
691 Sreedhar,
There is no such rule from May 1st. The only rule is that QIBs now have to pay 100% amount for subscribing to the IPOs , earlier it was 10%.
691. sreedhar |   Link |  Bookmark |April 2, 2010 9:41:11 PM
Thank you Natarajan.From May 1 Onwards SEBI rule regarding non disclosure of subscription numbers of FIIs & HNIs will be a great advantage to retail Investor who can discern the quality of the Issue.This will result in low HNI & retail subscription levels even if the quality is good & hence more profit.More allotment more profit even if percentage of listing gains is less.
690. IPO Kumar |   Link |  Bookmark |April 2, 2010 11:33:10 AM
hai any idea why the grey market is losing ground?
689. K.K.Natarajan |   Link |  Bookmark |April 2, 2010 11:16:55 AM
Welcome back to the forum. As you have departed the listing of IPOs has lost its sheen! Hope they do revive on your coming back!
688. JAY SHREE KRISHNA |   Link |  Bookmark |April 1, 2010 3:58:40 PM
687. vishal |   Link |  Bookmark |March 31, 2010 8:41:04 PM
Dear Sir ,
i applied DQ ENTER. , no allotment . when i got refund , i applied through Sharekhan Online account . when i got it ,

please help me .

thank you
686. Ravi, Bangalore |   Link |  Bookmark |March 31, 2010 11:50:33 AM
682. K.K.Natarajan

People should understand that technical analysis is not perfect science. There is stop-loss given.

Even value-investing fails many times. Most common problem with value investment is their portfolio underperforms broad-market.

1. I have not given my opinion on DQ Entertainment.
2. There is always stop-loss. If you gain make Rs.15, or loose Rs.6.
685. Saharanpuri |   Link |  Bookmark |March 31, 2010 10:26:07 AM
684 sreedhar congrats on your excellent call on nmdc where i stayed away.i hv not sold any share of dq n ilfs as i think they are niche stories with good management n hv all the ingredients of core portfolio stocks as huge growth is there in both the sectors.

generally if there is growth in sector n promoters r good i keep holding on n as such i am still holding on to cox n kings,oil,jubilant foodworks,db corp,infinite.similarly i hv been hodling on to tcs n icici bank since 2004 n 05.

whats your take on persistent n inrasoft where i hv applied n also nhpc where i am badly stuck since ipo.

for db corp their foray in bihar jharkhand cud be avery romising move.keep watching

684. sreedhar |   Link |  Bookmark |March 31, 2010 9:54:09 AM
Friends,do not be despondent about the listing of DQE & ILFS.DQE HNI Oversubscription(270 times) worked against it .I had feared the same & sold all my shares at opening itself as GMP was good as I thought wait & watch policy was necessary,Shares needed to trade above 165(breakeven price of HNI) to give good gains .Once all the selling is soaked DQE will shoot up.I was surprised by poor listing of ILFS.I bought some shares of both today at market opening & thinking of holding the same.NMDC I gained max profit as I enquired with Karvy about allotment & sold shares at hefty gains.
683. sreedhar |   Link |  Bookmark |March 31, 2010 9:16:50 AM
Hi guys,So how r u all doing.