DCB Bank Ltd IPO

Closed

IPO Details

  • Open Date 29-Sep-06
  • Close Date 06-Oct-06
  • Lot Size 250
  • IPO Size ₹ 185.9 Cr
  • IPO Price Range ₹ 26
  • Min Investment ₹ 6500
  • Listing Exchange -
  • Basis of Allotment TBA
  • Refunds TBA
  • Credit to Demat Account TBA
  • Listing Date TBA

IPO Synopsis

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

How to apply for IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of DCB Bank Ltd IPO

Contact Information

601& 602 Peninsula Business Pk,
Tower A 6th Floor Lower Parel,
Mumbai, Maharashtra 400013

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