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Development Credit Bank Ltd IPO (DCB IPO) Detail

September 29, 2006 - October 6, 2006

DCB IPO is a book built issue of Rs 185.90 crores.

DCB IPO bidding started from September 29, 2006 and ended on October 6, 2006. The shares got listed on BSE, NSE on October 27, 2006.

DCB IPO price band is set at ₹22 to ₹26 per share. The minimum lot size for an application is 250 Shares. The minimum amount of investment required by retail investors is ₹6,500.

Axis Capital Limited and Jm Morgan Stanley Private Limited are the book running lead managers of the DCB IPO, while Link Intime India Private Ltd is the registrar for the issue.

Refer to DCB IPO RHP for detailed information.

DCB IPO Details

IPO Date September 29, 2006 to October 6, 2006
Listing Date October 27, 2006
Face Value ₹10 per share
Price Band ₹22 to ₹26 per share
Lot Size 250 Shares
Total Issue Size71,500,000 shares
(aggregating up to ₹185.90 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE
Share holding pre issue76,132,187
Share holding post issue147,632,187

DCB IPO Lot Size

Investors can bid for a minimum of 250 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

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

About Development Credit Bank Ltd

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.

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DCB IPO Listing Details

Listing Date October 27, 2006
BSE Script Code 532772
ISIN INE503A01015
Final Issue Price ₹26 per share

Pre-Open Session - NSE Pre-Open Session - BSE

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Development Credit Bank Ltd Contact Details

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

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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 September 29, 2006, and closes on October 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 September 29, 2006 and closes on October 6, 2006.

DCB IPO lot size is 250 Shares, and the minimum amount required is ₹6,500.

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, Nuvama, 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 October 27, 2006.
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DCB IPO Message Board

Ranked Members of Forum  Ranked Members | Members with Most Likes



49. sreenivasa veerappa |   Link |  Bookmark |August 10, 2007 1:10:43 PM
please tell me the status of my central Bank ipo status
application no is 64858342
48. Vikram |   Link |  Bookmark |October 28, 2006 6:03:17 AM
App No: 38397401
Applicant: AMUL C DESAI
Shares Allotted: 0
47. amul |   Link |  Bookmark |October 27, 2006 11:02:07 PM
i have applied 1000 shares my application no 38397401 plz let me status.
46. Milind |   Link |  Bookmark |October 27, 2006 9:32:56 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 |  Bookmark |October 27, 2006 6:05:51 AM
App No: 4315647
Shares Allotted: 0
44. Ramesh |   Link |  Bookmark |October 26, 2006 10:41:08 PM
Dear sir,
Could you please tell me status for the applno:4315647
Name : RameshBabu Polisetty
43. Vikram |   Link |  Bookmark |October 26, 2006 5:56:48 AM
App No: 4314550
Shares Allotted: 0
42. Ravi |   Link |  Bookmark |October 26, 2006 3:57:47 AM
Dear sir,
Could you please tell me how many shares alloted for me against applno:4314550
41. Vikram |   Link |  Bookmark |October 25, 2006 1:25:25 PM
App No: 4326515
Shares Allotted: 0
App No: 24218667
Shares Allotted: 0
40. kosi |   Link |  Bookmark |October 25, 2006 5:30:09 AM
When it will be listed?
When the money will be refunded?
39. Chockalingam |   Link |  Bookmark |October 25, 2006 4:14:42 AM
pls confirm allotment status. Appln no:24218667
38. Mahesh |   Link |  Bookmark |October 24, 2006 10:50:11 PM
Dear sir,
Could you please tell me how many shares alloted for me against applno:4326515...
37. Nilesh |   Link |  Bookmark |October 24, 2006 12:19:53 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 |  Bookmark |October 24, 2006 12:15:28 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 |  Bookmark |October 22, 2006 10:37:00 PM
i want now allotment status of this no 26701367
34. Vikram |   Link |  Bookmark |October 22, 2006 9:31:43 AM
Looks like site is down for now...should be up in few hrs.
33. amit lahoti |   Link |  Bookmark |October 21, 2006 10:48:36 PM
my application nos are 31923721 & 32460632...please let me know my allotment status
32. v.l.prasaanna |   Link |  Bookmark |October 21, 2006 5:55:24 PM
my application no is 4317035 let me know allotment status of dcb
31. Arvind Kumar |   Link |  Bookmark |October 21, 2006 3:14:36 PM
My Application Number is 13610767
I will be thankful if someone let me know my allotment.
30. Vikram |   Link |  Bookmark |October 21, 2006 12:28:15 AM
App No: 4322661
Shares Allotted: 258

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