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The FY10 Q4 results have been declared by DB Corp. Its sales are at Rs. 257 crore versus Rs. 235 crore. The Company’s profit after tax (PAT) is at Rs. 23.5 crore versus Rs. 14.9 crore.
In an exclusive interview to CNBC-TV18, Girish Agarwaal, Non-Executive Director, DB Corp, spoke about the stance for the company post results. DB Corp Limited has announced its financial results for the fourth quarter and fiscal year ended March 31, 2010.
Today, DB Corp. Ltd., the publisher of the popular Hindi Daily Dainik Bhaskar, officially announced that it would be demerging the radio business of subsidiary Synergy Media Entertainment and the name would be completely transfered to itself.
The plan for the demerger of the radio business has received approval from the firm’s board of director, which yesterday met, as has been shared by DB Corp. in an official statement to the Bombay Stock Exchange.
DB Corp which fixed the issue price at Rs 212 per share closed the market today at 265.90 which is 25.42 percent premium compared to the IPO price.It touched the intraday high of 274.60 and a low of 235.50 , this is one of the IPO which almost had more than 38 percent subscription when [...]
DB Corp Closed the listing day with almost 25 Percent Premium is a post from: First Blog for Indian Financial Market
DB Corp IPO finally closed its subscription by a massine 39.54 times ,This is almost the first time a IPO subscribing this much almost in 1 to 2 years may be .
Subscription Details
Total Issue Size 14903500
Total Bids Received 589282680
Total Bids Received at Cut-off Price 16922340
No. of times issue is subscribed 39.54
Subscription by category
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D.B. Corp IPO Subscribed 39.54 times is a post from: First Blog for Indian Financial Market
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