Saturday, March 6, 2010

IPO ALERTS


Incorporated in 2007, DQ Entertainment (International) Limited is one of the leading producers of animation, visual effects, game art and entertainment content for the Indian as well as global media and entertainment industry. They are a producer, co-producer and global distributor of TV series, direct-to-home videos and feature films. DQ Entertainment is also creators of game art for online, mobile and next-generation consoles. They have forayed into production and distribution of live action television and feature films.

DQ Entertainment with its Production, Sales, Licensing and Distribution centers in Hyderabad, Chennai, Mumbai, Kolkata, Manila, Ireland, Paris, Los Angeles and Japan with work force of 3500+(2788 permanent employees and 712 freelancers and trainees).

Company Promoters:
The individual promoters of the Company are:

1. Mr. Tapaas Chakravarti is the Chairman, Managing Director and Chief Executive Officer.
2. Ms. Rashmi Chakravarti is the Executive and Non-Independent Director.
3. Mr. Kunchithapadam Balasubramanian is the Non-executive and Independent Director.
4. Mr. Girish Kulkarni is the Non-Executive and Non-Independent Director.

Company Financials:
Particulars For the year/period ended (Rs.in Millions)
31-Mar-09 31-Mar-08
Total Income 1,509.08 945.73
Profit After Tax (PAT) 161.50 70.09

Objects of the Issue:
The object of the issue are to:

1. Investment in co-production agreements, focusing on IP content creation;
2. Development of office premises and production facilities; development of infrastructure and additional facilities at the SEZ Unit, Kokapet Village, Rangareddy District, Andhra Pradesh;
3. Investment in subsidiary, DQ Entertainment(Ireland) Limited; and
4. General corporate purposes.

Issue Detail:

»» Issue Open: Mar 08, 2010 - Mar 10, 2010
»» Issue Type: 100% Book Built Issue IPO
»» Issue Size: 16,048,011 Equity Shares of Rs. 10
»» Issue Size: Rs. 120.36 - 128.38 Crore
»» Face Value: Rs. 10 Per Equity Share
»» Issue Price: Rs. 75 - Rs. 80 Per Equity Share
»» Market Lot: 80 Shares
»» Minimum Order Quantity: 80 Shares
»» Listing At: BSE, NSE
DQ Entertainment (International) Ltd IPO Grading / Rating

Fitch has assigned an IPO Grade 3 to DQ Entertainment (International) Ltd IPO. This means as per Fitch, company has 'Average Fundamentals'. Fitch assigns IPO gradings on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Click here to download the Fitch IPO Grading Document for DQ Entertainment Ltd

Check IPO Ratings from other stock analysts.

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