Dredging Corporation of India Ltd IPO

Closed

IPO Details

  • Open Date 26-Feb-04
  • Close Date 04-Mar-04
  • Lot Size 15
  • IPO Size ₹ 224 Cr
  • IPO Price Range ₹ 400
  • Min Investment ₹ 6000
  • Listing Exchange -
  • Basis of Allotment TBA
  • Refunds TBA
  • Credit to Demat Account TBA
  • Listing Date TBA

IPO Synopsis

Offer for sale of 5600000 equity shares of Rs. 10 each at a price of Rs. 400 for cash aggregating Rs. 224 crore (hereinafter referred to as the offer). The offer would constitute 20% of the fully diluted post-offer paid-up capital of the company. The Offer is being made through the 100% Book Building Process wherein a maximum of 50% of the Offer shall be offered on a discretionary basis to Qualified Institutional Buyers. Further, not less than 25% of the Offer shall be available for allocation on a proportionate basis to Non-Institutional Bidders and not less than 25% of the Offer shall be available for allocation on a proportionate basis to Retail Individual Bidders, subject to valid Bids being received within the Price Band.

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 Dredging Corporation of India Ltd IPO

Contact Information

Core 2 1 Fl Scope Minar 2A&2B,
LaxmiNagar District Centre,
Delhi, Delhi 110092

Dredging Corporation of India Ltd IPO Lead Manager

Enam Financial Consultants Pvt LtdKotak Mahindra Capital Company Ltd

IPO NewsIPO News

Top Stories for you
Story Blog
Blue Pebble IPO Subscribed 56.32 times

Blue Pebble IPO, valued at ₹18.14 crores, comprises fresh issue of 10.8 lakh shares. Commencing subscription on March 26, 2024, Blue Pebble IPO is set to conclude on March 28, 2024. Allotment process is scheduled to be finalized by Monday, April 1, 2024. Following this, IPO is slated to debut on NSE SME, with tentative listing date of Wednesday, April 3, 2024. With price band ranging from ₹159 to ₹168 per share, IPO offers ...

IPO BlogIPO Blog

Top Stories for you
Naman In-Store (India) IPO Allotment Status

Building blocks of the Naman In-Store (India) Ltd IPO Naman In-Store (India) IPO is book built issue of Rs 25.35 crores. It consists entirely of fresh issue of 28.48 lakh shares. Naman In-Store (India) IPO opens for subscription on March 22, 2024, & closes on March 27, 2024. allotment is expected to be finalized on March 28, 2024. Naman In-Store (India) IPO will list on NSE SME with tentative listing date set ...

IPO GuideIPO Guide

Top Stories for you
IPO Cycle

The IPO cycle, also referred to as Initial Public Offering Cycle, allows private companies to go public and offer the company's shares to the general public for the first time. It ...

 
Greenshoe Option
How To Cancel An IPO Application
NFO vs IPO
What Is FPO In Share Market?
What is an Abridged Prospectus?
How to Buy IPO Online in India