✓
Open
29 Sep to 6 Oct, 2006
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Close
29 Sep to 6 Oct, 2006
3
Allotment
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Listing
Fri, Oct 27, 2006
Price Band
₹22 to ₹26
Issue Size
7,15,00,000 shares (agg. up to ₹186 Cr)
Lot Size
250 Shares
Listing Date
Fri, Oct 27, 2006
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 35.26x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2006 | 31 Mar 2005 | 31 Mar 2004 | 31 Mar 2003 |
|---|---|---|---|---|
| Assets | 3,716.84 | 4,626.34 | 5,275.02 | 4,352.17 |
| Total Income | 357.43 | 394.50 | 441.65 | 431.59 |
| Profit After Tax | -80.59 | -72.99 | -43.19 | -9.78 |
| NET Worth | 139.31 | 166.31 | 187.83 | 185.92 |
| Reserves and Surplus | 88.05 | 129.26 | 151.42 | 184.15 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| The South Indian Bank Ltd. | Mainboard | ₹150.00 Cr | ₹66 | 36.17 | ₹64.50 | -2.27% | ₹44.60 (-1.57%) |
| ICICI Bank Ltd. | Mainboard | ₹5,750.00 Cr | ₹525 | null | ₹584.80 | +11.39% | ₹1,444.30 (+1.67%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Augment the capital base of the Bank to meet future capital adequacy requirements 1,859 arising out of growth in businesses | 185.90 |
| 2 | Estimated Issue expenses | 12.35 |
About Development Credit Bank IPO
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.+ Read More
Contact Details
Development Credit Bank Ltd. AddressDevelopment Credit Bank Limited154, S.V.Patel Road (East)DongriDongri, Maharashtra, 400009+91-22-2289 9999dcbipo@dcbl.comVisit Website