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DCB Bank strengthens on raising Rs 86.60 crore through private placement

04 Apr 2016 Evaluate

DCB Bank is currently trading at Rs. 81.65, up by 1.55 points or 1.94% from its previous closing of Rs. 80.10 on the BSE.

The scrip opened at Rs. 80.25 and has touched a high and low of Rs. 81.85 and Rs. 80.25 respectively. So far 14,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 150.90 on 14-Jul-2015 and a 52 week low of Rs. 68.50 on 21-Jan-2016.

Last one week high and low of the scrip stood at Rs. 81.85 and Rs. 71.70 respectively. The current market cap of the company is Rs. 2,322.00 crore.

The promoters holding in the company stood at 16.27%, while Institutions and Non-Institutions held 35.56 % and 48.17 % respectively.

DCB Bank has issued and allotted 866 Non-Convertible, Redeemable, Unsecured, Basel III Compliant Tier 2 Bonds, for Inclusion in Tier 2 Capital of the bank in the nature of debentures of the face value of Rs 10,00,000 each at par aggregating to Rs 86.60 crore in dematerialized form to the identified investor(s) on private placement basis with interest of 10.25% per annum for a period of 121 months from March 31, 2016 (the deemed date of allotment).

DCB Bank is a new generation private sector bank with 176 branches in 115 locations across 17 states and two union territories. It is a scheduled commercial bank regulated by the Reserve Bank of India.

DCB Bank Share Price

190.05 1.45 (0.77%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
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Kotak Mahindra Bank 383.50
Indusind Bank 853.15
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