Development Credit Bank Ltd IPO (DCB IPO) Detail

Sep 29, 2006 - Oct 6, 2006

Development Credit Bank Limited (DCB) is a commercial bank in India. DCB has a network of 72 interconnected branches, including five extension counters, spread over 26 cities in India. DCB has a network of 58 interconnected onsite and 43 interconnected offsite automated teller machine (ATMs). In addition, the Bank offers Internet banking to its customers.

The business of the Bank has three main business lines: consumer banking, commercial banking and treasury options. Consumer banking includes current and savings account, time deposits, consumer, personal, housing and mortgaged-based loans. The commercial banking business is organized into the business-banking group (BBG) and corporate banking group (CBG). The treasury operations integrate domestic money and the foreign exchange segment in the market.

DCB IPO Details

IPO Date Sep 29, 2006 to Oct 6, 2006
Listing Date Friday, October 27, 2006
Face Value ₹10 per share
Price ₹22 to ₹26 per share
Lot Size 250 Shares
Issue Size71,500,000 shares of ₹10
(aggregating up to ₹185.90 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE

DCB IPO Lot Size

The DCB IPO lot size is 250 shares. A retail-individual investor can apply for up to 30 lots (7500 shares or ₹195,000).

Application Lots Shares Amount
Retail (Min) 1 250 ₹6,500
Retail (Max) 30 7500 ₹195,000

DCB IPO Prospectus

DCB IPO Rating

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DCB IPO Listing Date

Listing Date Friday, October 27, 2006
BSE Script Code 532772
Listing In
ISIN INE503A01015
IPO Price ₹26 per share
Face Value ₹10 per share

Listing Day Trading Information

IPO Price
Last Trade

Company Contact Information

Development Credit Bank Ltd
Development Credit Bank Limited,
154, S.V.Patel Road (East),
Dongri. Mumbai 400 009, India.
Phone: +91-22-2289 9999

DCB IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270

DCB IPO Review

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DCB IPO is a main-board IPO of 71,500,000 equity shares of the face value of ₹10 aggregating up to ₹185.90 Crores. The issue is priced at ₹22 to ₹26 per share. The minimum order quantity is 250 Shares.

The IPO opens on Sep 29, 2006, and closes on Oct 6, 2006.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The DCB IPO opens on Sep 29, 2006 and closes on Oct 6, 2006.

DCB IPO lot size is 250 Shares and the minimum order quantity is .

You can apply in DCB IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for DCB IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the DCB IPO allotment status.

The DCB IPO listing date is on Friday, October 27, 2006.
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DCB IPO Message Board

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49. sreenivasa veerappa |   Link |Aug 10, 2007 2:10:43 PM
please tell me the status of my central Bank ipo status
application no is 64858342
48. Vikram |   Link |Oct 28, 2006 7:03:17 AM
App No: 38397401
Applicant: AMUL C DESAI
Shares Allotted: 0
47. amul |   Link |Oct 28, 2006 12:02:07 AM
i have applied 1000 shares my application no 38397401 plz let me status.
46. Milind |   Link |Oct 27, 2006 10:32:56 PM
I had applied for DCB bank ipo.
I do not get any share in allotment. Im expecting return money but still I didn't get that.
My application no is -1 1781138
45. Vikram |   Link |Oct 27, 2006 7:05:51 AM
App No: 4315647
Shares Allotted: 0
44. Ramesh |   Link |Oct 26, 2006 11:41:08 PM
Dear sir,
Could you please tell me status for the applno:4315647
Name : RameshBabu Polisetty
43. Vikram |   Link |Oct 26, 2006 6:56:48 AM
App No: 4314550
Shares Allotted: 0
42. Ravi |   Link |Oct 26, 2006 4:57:47 AM
Dear sir,
Could you please tell me how many shares alloted for me against applno:4314550
41. Vikram |   Link |Oct 25, 2006 2:25:25 PM
App No: 4326515
Shares Allotted: 0
App No: 24218667
Shares Allotted: 0
40. kosi |   Link |Oct 25, 2006 6:30:09 AM
When it will be listed?
When the money will be refunded?
39. Chockalingam |   Link |Oct 25, 2006 5:14:42 AM
pls confirm allotment status. Appln no:24218667
38. Mahesh |   Link |Oct 24, 2006 11:50:11 PM
Dear sir,
Could you please tell me how many shares alloted for me against applno:4326515...
37. Nilesh |   Link |Oct 24, 2006 1:19:53 PM
Hi Mr. Arvind Kumar,
I have checked your allotment status of DCB today. I regret to inform you that zero shares have been alloted to you. Your application form no. is 13610767.
36. Nilesh |   Link |Oct 24, 2006 1:15:28 PM
Hi Karthiks, I have checked your allotment status today. Your application no. is 26701367. I regret to inform you that zero shares of DCB have been alloted to you.
35. karthiks |   Link |Oct 22, 2006 11:37:00 PM
i want now allotment status of this no 26701367
34. Vikram |   Link |Oct 22, 2006 10:31:43 AM
Looks like site is down for now...should be up in few hrs.
33. amit lahoti |   Link |Oct 21, 2006 11:48:36 PM
my application nos are 31923721 & 32460632...please let me know my allotment status
32. v.l.prasaanna |   Link |Oct 21, 2006 6:55:24 PM
my application no is 4317035 let me know allotment status of dcb
31. Arvind Kumar |   Link |Oct 21, 2006 4:14:36 PM
My Application Number is 13610767
I will be thankful if someone let me know my allotment.
30. Vikram |   Link |Oct 21, 2006 1:28:15 AM
App No: 4322661
Shares Allotted: 258

App No: 4326368
Applicant: T P GUNAVATHI
Shares Allotted: 250