Standard Chartered Bank PLC which is tapping the capital markets with India’s maiden IDR issue has changed its lot size. The minimum lot size is 200 IDR’s and in multiples of 200 thereafter.

Standard Chartered Bank PLC which is tapping the capital markets with India’s first IDR issue from Tuesday the 25th of May to Friday the 28th of May today allotted 3.6 cr IDR’s at a price of Rs 104. The issue is for a total of 24 cr IDR’s in a price band of Rs 100-115. […]

Standard Chartered Bank PLC has announced its price band for its forthcoming IDR. The price band proposed is Rs 100-115 with a discount of 5% for retail investors. The minimum bid amount for the issue is 200 shares and the lot size thereafter is in multiple of 50 shares. I believe the price band has […]