Den Networks limited is to list its shares on Tuesday the 24th of November 2009. The company had launched its IPO recently and had just about managed to have the IPO subscribed. The issue was oversubscribed a mere 1.0004 times and appeared that the over subscription was ‘managed’.
The IPO was in a price band of Rs 195-205 and the discovered price was Rs 195. The price post listing and at day’s end would indicate the interest and the fundamentals of the company.