| Name | Date of listing | Issue Price | closing price | closing price | gain loss | change over |
| 18th Dec | 11th Dec | over week | lssue price | |||
| Den Networks | 24th Nov | 195 | 185.95 | 190.95 | -2.62 | -4.64 |
| Astec lifesciences | 25th Nov | 82 | 82.25 | 91.05 | -9.67 | 0.30 |
| Cox and Kings (India) | 5th Dec | 330 | 418.5 | 426.05 | -1.77 | 26.82 |
Performance of Newly Listed Shares 18th Dec 2009
December 19th, 2009
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DB Corp Receives Overwhelming Support
December 16th, 2009
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DB Corp which had come out with its IPO which opened on Friday the 11th of December and closed yesterday Tuesday the 15th of December 2009 received overwhelming support. The issue was subscribed a staggering 39.54 times and this is the highest subscription received by any company since the IPO season began sometime in July August 2009.
| Shares Offered | Shares Subscribed | Times | |
| QIB | 7633500 | 523060590 | 68.5217 |
| NII | 1817500 | 47569830 | 26.1732 |
| Retail | 5452500 | 18652260 | 3.4209 |
| Overall | 14903500 | 589282680 | 39.54 |
This was the last issue for the calendar year 2009 and the share is to list in the first week of January 2010. There would be lot of expectations built up as a result of this huge subscription and faith reposed by all classes of investors.
I believe this should also put pressure on merchant bankers to look at pricing of future IPO’S. The success of DB Corp indicates that if there is reasonable pricing, there is adequate money and support which will be there for good IPO’S
Godrej Properties IPO Price fixed
December 15th, 2009
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Godrej Properties Limited had tapped the capital markets with its IPO during 9th December 2009 to 11th December 2009 in a price band of Rs 490 to Rs 530. The issue was subscribed 4 times primarily by QIB’s who bid for 7.45 times the shares offered to them. The retail and Non-Institutional portion remain under subscribed. The price has been fixed at the lower price band of Rs 490.
