DCB Bank Ltd - IPO

DCB Bank Ltd IPO Details

Public issue of 7,15,00,000 equity shares of Rs. 10 each for cash at a price of Rs.26 per equity share aggregating Rs.185.90 Crores by Development Credit Bank Limited (the bank or issuer) (the issue). The issue comprises a net issue to the public of up to 68,997,500 equity shares of Rs. 10 each (the net issue) aggregating Rs.179.39 Crores and a reservation for eligible employees of 2,502,500 equity shares of Rs. 10 each aggregating Rs.6.51 Crores, at the issue price. The issue would constitute 48.43% of the fully diluted post issue paid-up capital of the bank. Issue Price is Rs.26 per equity share of face value Rs.10The issue price is 2.6 times of the face value

Objective of issue

Augment Cap. Base to meet Future Cap. requirements.

DCB Bank Ltd Contact Details

DCB Bank Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

Phone - 91-022-25963838

Fax - 91-022-25946969

Email - investorgrievance@dcbbank.com

Website - www.dcbbank.com