The Dangote Refinery IPO price has been set at ₦525 per share, according to information published for the planned public offer.
The minimum subscription is 10 shares, meaning an investor applying for the minimum number of shares would need ₦5,250.
How Much Is Dangote Refinery Share Price?
The announced IPO offer price is ₦525 for each ordinary share. This is the price applicable to the public offer and should not be confused with a future market price after the shares begin trading on the Nigerian Exchange.
What Is the Minimum Investment?
With a minimum subscription of 10 shares at ₦525 each, the stated minimum amount required to participate in the offer is ₦5,250.
For example, 100 shares at the offer price would cost ₦52,500, while 1,000 shares would cost ₦525,000, before considering any applicable terms or charges.
How Many Shares Are Being Offered?
The base public offer involves approximately 4.1 billion ordinary shares. Investors should check the final approved offer documents for the complete terms of the IPO.
Is ₦525 the NGX Trading Price?
No. ₦525 is the announced IPO offer price. After the company is listed and its shares begin trading on the Nigerian Exchange, the market price may move above or below the IPO price depending on market conditions, supply and demand and other factors.
Can Investors Buy at ₦525 Now?
Investors should first confirm that subscriptions have officially opened. The official Dangote Refinery IPO portal should be checked for the current offer status and approved subscription channels before any payment is made.
Important Safety Information
Do not transfer money to personal accounts advertised on WhatsApp, Telegram, Facebook or other social-media platforms claiming to sell Dangote Refinery shares. Never disclose your PIN, password or OTP.
Disclosure: Dangote Refinery Shares Guide is an independent information website and is not affiliated with Dangote Group, SEC Nigeria or NGX. We do not sell shares, collect investment funds or provide personalized investment advice.