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Development Credit Bank IPO
₹47.45
+82.50% on listing
Listing-day close · NSE · 27 Oct 2006 · issue price ₹26
Development Credit Bank’s ₹186 crore IPO was priced at ₹26 a share. It listed on the NSE on 27 Oct 2006 and closed its first day at ₹47.45, up 82.50% on the issue price.
Timeline
- Opens
- Closes
- Allotment
- Listing
Issue details
- Issue size
- ₹186 Cr
- Fresh issue
- ₹186 Cr
- Offer for sale
- —
- Lot size
- 250 shares
- Minimum investment
- ₹6,500
- Face value
- ₹10
- Registrar
- MUFG Intime India
Subscription
| Category | Shares offered | Times subscribed |
|---|---|---|
| Total | — | 35.26× |
Overall, from the basis of allotment.
Financials and valuation
- Promoter holding
- 57.79% → 29.80%
Financials as of 31 Mar 2006, from the offer documents.
Listing
- Listing date
- 27 Oct 2006
- Issue price
- ₹26
- Open
- ₹35.00
- High
- ₹48.70
- Low
- ₹35.00
- Close
- ₹47.45
Listing day on the NSE. The close was +82.50% on the issue price.
DCB share price todayFAQs
When did the Development Credit Bank IPO open and close?
It opened on 29 Sep 2006 and closed on 6 Oct 2006.
What was the Development Credit Bank IPO price?
The price band was ₹22–26 a share. The final issue price was ₹26.
What is the lot size and minimum investment?
One lot is 250 shares, ₹6,500 at ₹26 a share. Retail investors apply in whole lots.
How much did Development Credit Bank raise?
₹186 crore: ₹186 crore of new shares.
How many times was the Development Credit Bank IPO subscribed?
35.26 times overall.
How did Development Credit Bank list?
It listed on the NSE on 27 Oct 2006 at ₹35.00 and closed the day at ₹47.45, up 82.50% on the ₹26 issue price.
Who is the registrar of the Development Credit Bank IPO?
MUFG Intime India handles the allotment, refunds and credit of shares.
For information only. Not investment advice or a research report.
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