DQ Entertainment (International) Limited or DQ for short completed its anchor investment allocation today. The issue which opens on Monday the 8th of March and closes on Wednesday the 10th of March has a price band of Rs 75-80. The anchor investors have all come in at the top end of the price band.
There are a total of seven funds but five entities that have come in as anchor investors.
The above allotment to anchor investors augurs well for the IPO of DQ which opens on Monday. The issue analysis would be covered over the weekend.