DQ Entertainment IPO's QIB portion subscribed 93.8605 times

The Qualified Institutional Buyers (QIBs) portion has received overwhelming response with total bids for 619980320 equity shares against the offer of 6605340 equity shares resulting in a subscription of 93.8605 times.

The Foreign Institutional Investors (FIIs) have subscribed for 377526160 equity shares.

Under the QIB portion, Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) have bid for 120256160 equity shares and Mutual Funds have subscribed for 90493680 equity shares.

Other have subscribed for 31704320 equity shares under the QIBs quota.

Source : Equity Bulls

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