Development Credit Bank IPO Allotment Status Online

Below are the steps to check Development Credit Bank Ltd. IPO allotment status online:

• Visit the Development Credit Bank IPO allotment status page.
• Click on the green Development Credit Bank IPO Allotment Status.
• Enter either PAN number, Application Number, or DP Client ID of the demat account to check the Development Credit Bank IPO allotment status.
• Click Search.

Note: The disabled button shows that the allotment is not yet available online.

The allotment result looks like as below:

• PAN No.: AHMLK1898J
• Application No.: RL041213805307
• Name: Mr. Rajveer Singh
• Shares Applied: 40
• Shares Allotted: 40

The expected Listing price of Development Credit Bank IPO depends on many factors including demand, nature of the business, market environment, and state of the economy. The Development Credit Bank IPO grey market premium gives some hint but the actual Listing price is difficult to guess.

Development Credit Bank Ltd. IPO IPO allotment status is expected on [.]. Click the green button Development Credit Bank Ltd. IPO allotment status above to check the allotment. Note : The button remains disabled until the allotment is available online.

If Development Credit Bank IPO oversubscribed in the retail category, the Development Credit Bank IPO shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.

The Development Credit Bank Ltd. listing date is October 27, 2006. The equity shares of Development Credit Bank Ltd. will list on BSE, NSE.

The reason you didn't get the Development Credit Bank IPO could be:

• IPO become oversubscribed and allotment process is completed through a lottery
• The IPO application got rejected due to mismatch/incomplete information
• The issue price is higher than the bid price. (Always apply on cut-off price).