DQ Entertainment to list on Monday

Animation and gaming company DQ Entertainment will list on the bourses on Monday.

Animation and gaming company DQ Entertainment will list on the bourses tomorrow.

DQE had entered the capital market with an issue size of 7.92 crore shares at an issue price of Rs 80 per share.

The company will utilise net proceeds to part fund general corporate expenditures,besides business expansion.

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Earlier this month,the company had raised Rs 22.6 crore from several anchor investors,including Axis Equity Fund,Birla Sunlife,Morgan Stanley ACE Fund,T Rowe Price International Discovery Fund and IDFC Small and Midcap Equity Fund.

DQ Entertainment (International) Limited & DQ Entertainment Plc group is a fully integrated,broad-based entertainment group and a global leader in the creation,production,distribution,licensing and marketing of all forms of entertainment.

It has the largest animation production capacity for television,feature films,home video,online game art,mobile and next generation console games across all formats as well as visual effects. DQE has also forayed into live-action and feature films production and distribution.

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