Development Credit Bank Ltd. IPO

Development Credit Bank Ltd. is listed in the MAINBOARD segment. The figures below are as reported by the exchanges and public sources.

Development Credit Bank Ltd. IPO — key facts

• The issue is open from 29-Sep-2006 to 06-Oct-2006.
• Development Credit Bank Ltd. listed on 27-Oct-2006.
• Development Credit Bank Ltd. listed at ₹47.45. The listing gain was 82.5% against the upper end of the issue price band.

Development Credit Bank Ltd. IPO details

Status

Listed

Segment

MAINBOARD

Sector

Private Sector Bank

Price

₹26

Issue size

₹185.9 Cr

Fresh issue

₹185.9 Cr

Opens

29-Sep-2006

Closes

06-Oct-2006

Listing

27-Oct-2006

Lead managers

Axis Capital

Listing price

₹47.45

Listing day change

+82.5%

Other Private Sector Bank IPOs

• Tamilnad Mercantile Bank Limited -0.3% on listing
• Yes Bank Limited - FPO +2.5% on listing
• CSB Bank Limited +53.9% on listing
• Bandhan Bank Limited +27.3% on listing
• RBL Bank Limited +33.1% on listing
• ICICI Bank Ltd. +4.4% on listing

Live subscription, allotment status, offer documents and the full lifecycle timeline for this issue are on this page. Historical listing performance for every past IPO is in the IPO database, and each day's activity is recorded in the daily digest.

Published by INVESTOLOGY — SEBI Registered Research Analyst INH000015297. Data is reported for information only. It is not research and not investment advice. Investments in securities markets are subject to market risk; read all offer documents carefully before investing.