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Public issue of 7,15,00,000 equity shares of Rs. 10 each for cash at a price of Rs.26 per equity share aggregating Rs.185.90 Crores by Development Credit Bank Limited (the bank or issuer) (the issue). The issue comprises a net issue to the public of up to 68,997,500 equity shares of Rs. 10 each (the net issue) aggregating Rs.179.39 Crores and a reservation for eligible employees of 2,502,500 equity shares of Rs. 10 each aggregating Rs.6.51 Crores, at the issue price. The issue would constitute 48.43% of the fully diluted post issue paid-up capital of the bank. Issue Price is Rs.26 per equity share of face value Rs.10 The issue price is 2.6 times of the face value
Company
DCB Bank Ltd
Issue Type
(Book Built Portion)
Open Date
29 Sep
Close Date
06 Oct
Offer Price
26.00
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