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D B Corp IPO IPO

Mainline11 Dec 200915 Dec 2009
Open
11 Dec 2009
Close
15 Dec 2009
3
Allotment
Listing
Wed, Jan 6, 2010
Price Band
₹185 to ₹212
Issue Size
1,81,75,000 shares (agg. up to ₹384 Cr)
Lot Size
30 Shares
Listing Date
Wed, Jan 6, 2010
✦ AI Insight

Live Subscription

CategorySubscription (times)
Total32.50x

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Setting up new publishing units60.00
2Upgrading of existing plant and machinery30.50
3Sales and marketing50.10
4Reducing working capital loan
5Pre-paying existing term loans

About D B Corp IPO

Incorporated in 1995, D B Corp Ltd is one of the leading print media companies in India, publishing 7 newspapers, 48 newspaper editions and 128 sub-editions in three languages (Hindi, Gujarati and English) in 11 states in India. Company's flagship newspapers are Dainik Bhaskar, Divya Bhaskar and Saurashtra Samachar have a combined average daily readership of 15.5 million readers making them one of the most widely read newspaper groups in India.Dainik Bhaskar, with a total average daily readership of 11.7 million readers is a widely read newspaper in Madhya Pradesh, Chattisgarh, Rajasthan, Haryana, Punjab and Chandigarh. Divya Bhaskar is the number one Gujarati daily newspaper in terms of circulation in Gujarat. Comapny's other newspapers are Business Bhaskar, DB Gold, DB Star and on a franchisee basis DNA (in Gujarat and Rajasthan).In addition to newspapers D B Corp publish 5 periodicals namely Aha Zindagi, a monthly magazine published in Hindi and Gujarati, Bal Bhaskar, a Hindi magazine for children, Young Bhaskar, a children’s magazine in English and Lakshya, a career magazine in Hindi. D B Corp also have a significant presence in the radio business under the brand name MY FM. Th

Contact Details

D B Corp Ltd. AddressPlot No.280, Sarkhej Gandhinagar HighwayNear YMCA ClubMakarbaAhmedabad, Gujarat, 380051+91 79 3988 8850dbipo@imcl.co.inVisit Website