IPO Synopsis

Dredging Corporation of India Ltd
Registered Office: Core 2 1 Fl Scope Minar 2A&2B,LaxmiNagar District Centre,Delhi-110092, Delhi
Tel. No: 91-11-22448528
Fax No: 91-11-22448527
Email: sreekanth@dci.gov.in
Website: www.dredge-india.com
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.
Issue Money Payable On
Opens On Closes On Application Allotment
26-Feb-2004 04-Mar-2004 ₹400.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 15 Further Multiples of :15
(₹ Cr) Lead Managers to the Issue
Project Cost 0.00 Enam Financial Consultants Pvt Ltd
Project Financed through Current Offer 224.00 Kotak Mahindra Capital Company Ltd
Post Issue Equity Share Capital 28.00
Issue Price 400.00
Projects
Promoted By
Government of India
Listing At
BSE
NSE
Delhi
Kolkata
Registrar To The Issue