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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.
| IPO Opening Date | Sep 29, 2006 |
| IPO Closing Date | Oct 6, 2006 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹22 to ₹26 per equity share |
| Market Lot | 250 Shares |
| Min Order Quantity | 250 Shares |
| Listing At | BSE, NSE |
| Issue Size | 71,500,000 Eq Shares of ₹10 (aggregating up to ₹185.90 Cr) |
The DCB IPO market 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 (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 250 | ₹6,500 |
| Maximum | 30 | 7500 | ₹195,000 |
| Listing Date | Friday, October 27, 2006 |
| BSE Script Code | 532772 |
| NSE Symbol | DCBBANK |
| Listing In | |
| ISIN | INE503A01015 |
| IPO Price | ₹26 per equity share |
| Face Value | ₹10 per equity share |
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Development Credit Bank Ltd
Development Credit Bank Limited,
154, S.V.Patel Road (East),
Dongri. Mumbai – 400 009, India.
Phone: +91-22-2289 9999
Email: dcbipo@dcbl.com
Website: http://www.dcbl.com
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email:
Website: https://linkintime.co.in/
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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 equity 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 250 Shares.
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.
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