The IPO of DB Realty Ltd., a real estate development company focusing on residential, commercial, retail and other projects, such as mass housing and cluster redevelopment in and around Mumbai, has been subscribed 85% till Day 1. The IPO has been fully subscribed in QIB and HNI Categories.The Bidding Status on Day 1 is given below:
DB Realty Ltd. IPO Bidding Status on Day 1, i.e. on Friday, January 29, 2010 1700 hrs IST:
QIB: 1.35 times
Non-Institutional Investors: 1.21 times
Retail: 0.01 times
Overall: 0.85 times
