Dredging Corporation of India Limited IPO
Dredging Corporation of India Limited was a mainboard IPO, offered at ₹385–₹400 per share to raise ₹56 crore. It listed on 15 Jan 2004 and closed its first day at ₹550, a listing gain of +37.5% versus the ₹400 issue price. It now trades around ₹817 (+104.3% versus the issue price).
Frequently asked questions
- What were the Dredging Corporation of India Limited IPO listing gains?
- Dredging Corporation of India Limited listed on 15 Jan 2004, closing its first day at ₹550 — a listing gain of +37.5% versus the ₹400 issue price.
- What was the price band and lot size of the Dredging Corporation of India Limited IPO?
- The price band was ₹385–₹400 per share.