DB Corp IPO Subscription – 39.54 times
The initial public offer (IPO) of DB Corp closed with 39.54 times subscription on Tuesday, 15 December 2009, National Stock Exchange data showed. The IPO received bids for 58.92 crore shares as against 1.49 crore shares on offer.
The qualified institutional buyers (QIBs) category was oversubscribed by a staggering 68.52 times. The non-institutional investors category was oversubscribed 26.17 times and the retail investors category was oversubscribed 3.42 times. So as an individual retail investor, if you have applied for almost 4 shares, then you would receive one.
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