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Dredging Corporation of India Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

₹ 224

Price Range (₹)

₹ 400

Lot Size

15

Min Investment (₹)

₹ 6,000.00

Listing Exchange

MumbaiNSEDelhiKolkata

Open Date

27-Feb-2004

Close Date

05-Mar-2004

Listing Date

20-Mar-2004

Latest IPO News

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    Price Performance

    1 Week-3.12
    1 Month-22.07
    3 Month-27.51
    6 Month-36.86
    1 Year-23.32
    3 Year79.87

    Dredging Corporation of India Ltd IPO Details

    Offer for sale of 5600000 equity shares of Rs. 10 each at a price of Rs. 400 for cash aggregating Rs. 224 crore (hereinafter referred to as the offer). The offer would constitute 20% of the fully diluted post-offer paid-up capital of the company.The Offer is being made through the 100% Book Building Process wherein a maximum of 50% of the Offer shall be offered on a discretionary basis to Qualified Institutional Buyers. Further, not less than 25% of the Offer shall be available for allocation on a proportionate basis to Non-Institutional Bidders and not less than 25% of the Offer shall be available for allocation on a proportionate basis to Retail Individual Bidders, subject to valid Bids being received within the Price Band.

    Objective of issue

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    Dredging Corporation of India Ltd Contact Details

    Dredging Corporation of India Ltd, Karvy House 46, Road No 4 Street No1, Banjara Hills, Hyderabad - 500034

    Phone - 91-40-23312454/23320251

    Fax - 91-040-23311968

    Email - sreekanth@dci.gov.in

    Website - www.dredge-india.com