DB Corp To List Tomorrow, 6th JAN 2010
DB Corp will list tomorrow, the issue was fully subscribed with retail subscription by more than 3 times.
The share was issued in the band of INR 185 to 212 and retail investor got at 210 per share.
DB Corp publishes 7 newspapers, 48 newspaper editions and 128 sub-editions in three languages (Hindi, Gujarati and English) across 11 states. It is one of the leading print media companies of India, with an impressive footprint, circulation and readership. Its strengths lies in strong established brands in Indian Print media businesses, geographical reach and leadership in markets.
With recent IPOs making handsome gains on the stock exchanges like godrej Properties which listed and JSW energy also had gained some today this company DB Corp is also likely to make gain of more than 15% on the listing day.
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