How Much Is the Minimum Investment in Dangote Refinery Shares?
The minimum investment in the Dangote Refinery IPO is ₦5,250. The offer price is ₦525 per share and the minimum subscription is 10 shares.
The Dangote Refinery IPO is now open, with the public offer running from September 14 to October 13, 2026.
This means an investor applying for the minimum number of shares would pay:
10 shares × ₦525 = ₦5,250
How Much Will Dangote Refinery Shares Cost?
Dangote Petroleum Refinery shares are priced at ₦525 per share for the IPO. This is the public offer price and should not be confused with the market price the shares may have after they begin trading on the Nigerian Exchange.
At the ₦525 IPO price, the cost of different quantities is:
- 10 shares = ₦5,250
- 20 shares = ₦10,500
- 50 shares = ₦26,250
- 100 shares = ₦52,500
- 500 shares = ₦262,500
- 1,000 shares = ₦525,000
What Is the Dangote Refinery IPO Price Per Share?
The Dangote Refinery IPO offer price is ₦525 for each ordinary share. The minimum subscription of 10 shares therefore requires a base investment of ₦5,250.
The ₦525 figure is the IPO offer price. A future trading price after listing can rise or fall and should not automatically be assumed to remain at ₦525.
Can I Buy Dangote Refinery Shares Now?
Yes. The Dangote Refinery IPO is now open. Investors can apply for shares during the public offer, which opened on September 14, 2026 and is scheduled to close on October 13, 2026.
Applications should be made only through approved subscription channels. See our how to buy Dangote Refinery shares guide for the application process.
Can I Buy Less Than 10 Dangote Refinery Shares?
The minimum IPO subscription is 10 shares. Investors should follow the final offer terms and use only approved subscription channels when applying.
Can I Invest ₦10,000 in Dangote Refinery Shares?
Because the minimum is 10 shares and applications are subject to the offer's subscription rules, investors should choose a permitted number of shares rather than simply entering any naira amount. For example, 10 shares cost ₦5,250 while 20 shares cost ₦10,500 at the IPO offer price.
Does Applying Guarantee I Will Receive the Shares?
No. Applying for shares does not necessarily guarantee that every share requested will ultimately be allotted. Investors should check their application confirmation and the applicable allotment terms.
Before You Buy Dangote Refinery Shares
The minimum investment should not be the only factor considered before participating in the IPO. Read the prospectus, understand the investment risks and verify the latest offer information before applying.
See our Dangote Refinery IPO prospectus guide for information about the offer document.
This website provides independent information about the Dangote Refinery public offer. It does not accept investment funds or provide personalized investment advice.