DB corp fixed it price at 212 Rs. It is highly unlikely that stock will list lower than 250. But if it get listed anywhere near 220. I would buy the stock for medium term. It has solid presence in hindi market and good profit margin. Long term management with proven record.
Depending on where does it get listed you want to compare it's p/e with that of Jagran or HT media and see if it make sense.
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Hold for long time.. good company