Bookbuilding IPO | ₹128 Cr | Listed at BSE | Mon, Mar 8, 2010 - Wed, Mar 10, 2010
DQ Entertainment IPO is a book build issue of ₹128.26 crores. The issue is entirely a fresh issue of 1.60 crore shares of ₹128.26 crore.
DQ Entertainment IPO bidding started from Mar 8, 2010 and ended on Mar 10, 2010. The shares got listed on BSE on Mar 29, 2010.
DQ Entertainment IPO price band is set at ₹80 per share. The lot size for an application is 80. The minimum amount of investment required by an retail is ₹6,400 (80 shares) (based on upper price). The lot size investment for sNII is 32 lots (2,560 shares), amounting to ₹2,04,800, and for bNII, it is 157 lots (12,560 shares), amounting to ₹10,04,800.
The issue includes a reservation of up to 3,21,011 shares for employees offered at a discount of ₹7.00 to the issue price.
SBI Capital Markets Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to DQ Entertainment IPO RHP for detailed Information.
IPO Open
Mon, Mar 8, 2010
IPO Close
Wed, Mar 10, 2010
Issue Price
₹80 per share
Market Cap (Pre-IPO)
₹634.26 Cr
| IPO Date | 8 to 10 Mar, 2010 |
| Listed on | Mon, Mar 29, 2010 |
| Face Value | ₹10 per share |
| Price Band | ₹75 to ₹80 |
| Issue Price | ₹80 per share |
| Lot Size | 80 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE |
| Employee Discount | ₹7.00 |
| Total Issue Size | 1,60,48,011 shares (agg. up to ₹128 Cr) |
| Fresh Issue | 1,60,48,011 shares (agg. up to ₹128 Cr) |
| Share Holding Pre Issue | 6,32,34,989 shares |
| Share Holding Post Issue | 7,92,83,000 shares |
| BSE Script Code | 533176 DQE |
| ISIN | INE656K01010 |
DQ Entertainment IPO comprises a total issue size of 1,60,48,011 shares. The net offer to the public is 1,57,27,000 shares, after excluding 3,21,011 shares under a preferential allotment. Of the Net offer 94,36,200 (60.00%) are allocated to QIB, 15,72,700 (10.00%) allocated to NII 47,18,100 (30.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue | Max Allottees |
|---|---|---|---|---|
| QIB Shares Offered | 94,36,200 | 60.00% | 58.80% | NA |
| − Anchor Investor Shares Offered | 28,30,860 | 17.64% | NA | |
| − QIB (Ex. Anchor) Shares Offered | 66,05,340 | 41.16% | NA | |
| NII (HNI) Shares Offered | 15,72,700 | 10.00% | 9.80% | NA |
| Retail Shares Offered | 47,18,100 | 30.00% | 29.40% | 58,976 |
| Preferential Reservations | ||||
| Employee Shares Offered | 3,21,011 | 2.00% | NA | |
| Total Shares Offered | 1,60,48,011 | 100.00% | 100.00% | |
Investors can bid for a minimum of 80 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 80 | ₹6,400 |
| Retail (Max) | 31 | 2,480 | ₹1,98,400 |
| S-HNI (Min) | 32 | 2,560 | ₹2,04,800 |
| S-HNI (Max) | 156 | 12,480 | ₹9,98,400 |
| B-HNI (Min) | 157 | 12,560 | ₹10,04,800 |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only RII | Up to Rs 2 Lakhs | Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
| Only employee | Yes | |
| Employee + RII/NII |
|
Yes for Employee and RII/NII |
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).
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Investment in co-production agreements, focusing on IP content creation | 104.97 |
| 2 | Development of office premises and production facilities; development of infrastructure and additional facilities at the SEZ Unit, Kokapet Village, Rangareddy District, Andhra Pradesh | 51.92 |
| 3 | Investment in the subsidiary, DQ Entertainment(Ireland) Limited; and | 14.59 |
| 4 | General corporate purposes |
| KPI | |
|---|---|
| RoNW | 11% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 94.03% | 75% |
| Market Cap | ₹634.26 Cr. |
The DQ Entertainment IPO is subscribed 86.33 times on March 10, 2010 6:30:00 PM (Day 3). 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)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB | 93.86 | 66,05,340 | |
| NII | 272.88 | 15,72,700 | |
| Retail | 19.45 | 47,18,100 | |
| Employee | 0.36 | 3,21,011 | |
| Total | 86.33 | 1,32,17,151 |
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
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Manager, Syndicate Members and SCSBs (including underwriting commission, brokerage and selling commission) | 6.79 |
| 2 | Registrar to the Issue | 0.24 |
| 3 | Legal Advisors to the Issue | 0.53 |
| 4 | Advertising and Marketing expenses | 2.50 |
| 5 | Printing and stationery | 1.51 |
| 6 | Others (SEBI filing fee, listing fee, IPO Grading, etc.) | 1.33 |
| Price Details | BSE |
|---|---|
| Final Issue Price | ₹80.00 |
| Open | ₹135.00 |
| Low | ₹106.55 |
| High | ₹140.00 |
| Last Trade | ₹108.55 |
Lead Manager Reports
DQ Entertainment IPO is a main-board IPO of 1,60,48,011 equity shares of the face value of ₹10 aggregating up to ₹128 Crores. The issue is priced at ₹80 per share. The minimum order quantity is 80.
The IPO opens on Mon, Mar 8, 2010, and closes on Wed, Mar 10, 2010.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE.
Zerodha customers can apply online in DQ Entertainment IPO using UPI as a payment gateway. Zerodha customers can apply in DQ Entertainment IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in DQ Entertainment IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The DQ Entertainment IPO opens on Mon, Mar 8, 2010 and closes on Wed, Mar 10, 2010.
DQ Entertainment IPO lot size is 80, and the minimum amount required for application is ₹6,400.
You can apply in DQ Entertainment IPO online using either UPI or ASBA as a 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 applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, 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 Mon, Mar 29, 2010.
