Standard Chartered PLC IDR Issue - Bid Lot - Indian IPO Blog

Tuesday, May 25, 2010

Standard Chartered PLC IDR Issue - Bid Lot

The bid lot or the minimum lot size for IDR Issue of Standard Chartered PLC for the Retail Category of Investors would be initially 200 Indian Depository Receipts (IDRs) and thereafter in multiples of 50 Indian Depository Receipts (IDRs). Earlier, the price band for the IDR Issue was fixed at Rs.100/- to Rs.115/- per Indian Depository Receipt (IDR)

Standard Chartered PLC IDR issue would be open between Tuesday, May 25, 2010 and Friday, May 28, 2010. The final issue price per IDR will be set and announced thereafter. Ten Indian Depository Receipts (IDRs) would equal to one share of Standard Chartered PLC with the Face Value of each underlying share represented by IDRs being US $0.50 per share

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