DQ Entertainment (International) Limited listed today on the BSE at a listing ceremony. The company had issued 1.60 cr shares in a price band of Rs Rs 75-80. The issue was subscribed over 86 times and by the HNI’s a record breaking 270 times plus.
The stock listed at Rs 135 and made a high of Rs 140, but has been slipping thereafter. The stock has been under selling pressure and has fallen substantially in the 100 minutes of trading that the stock has witnessed.

Exchange	Open	High	Low	Close	Net Change	% gain	Volume	Wt Avg
BSE	135.00	140.00	113.15	113.65	33.65	42.06	16910252	121.51

This stock is only listed on the BSE and has already completed trading equivalent to the issue size in the 100 minutes of trade. The stock is currently trading at almost its lows but is still up 42%. The end of day delivery figures would indicate whether there has been any institutional buying in the stock or not.