Non Institutional Investors portion of DQ Entertainment IPO evokes lukewarm response

The Non Institutional Investors portion of DQ Entertainment International Limited IPO has received lukewarm response with subscription of just 81680 equity shares against the offer of 1572700 equity shares resulting in a subscription of just 0.0519 times.

The corporates have bid for 14000 equity shares under the Non Institutional Investors portion followed by Individuals (Other than RIIs) bid for equity shares.

The IPO closes for subscription on Wednesday - March 10, 2010.

Source : Equity Bulls

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