IPO GUIDE · CALCULATOR
Dangote Refinery IPO calculator: how many shares will your money buy?
At the fixed ₦525 offer price, every ₦525 of your investment buys one share. Enter an amount below — the calculator rounds down to whole shares and shows your leftover.
Type any amount and see instantly how many Dangote Refinery IPO shares it buys at the fixed offer price of ₦525 per share. The minimum subscription is 10 shares (₦5,250).
Excludes bank/platform transaction fees. If the offer is oversubscribed, you may be allotted fewer shares and refunded the difference. Definitive terms are in the offer prospectus.
How the maths works
- Shares: your amount divided by ₦525, rounded down — you can’t buy fractions of a share.
- Cost: shares × ₦525. Anything left over stays in your pocket (or covers fees).
- Minimum: anything below ₦5,250 can’t buy the 10-share minimum.
After you know your number
Once you have a figure in mind, read where to buy the shares, check the key dates so you don’t miss the 13 October 2026 close, and run through the 7 questions to ask first.
Quick summary
- Fixed offer price: ₦525 per share; minimum 10 shares (₦5,250).
- Shares = your amount ÷ 525, rounded down; leftover stays with you.
- Try the quick amounts or type any figure — the result updates instantly.
- Excludes transaction fees; oversubscription may reduce your final allotment.
Keep reading the IPO series
- Dangote Refinery IPO: the full how-to-buy guide
- Share price and minimum investment: ₦525 per share
- Every key date: offer close, allotment and NGX listing
- Where to buy: approved banks, fintechs and NGX Invest
- Should you buy? 7 questions to ask first
- Oversubscribed? How allotment and refunds work
- How to read the IPO prospectus: the 7 sections that matter
- 7 mistakes that could cost you your allocation
This is general information about the offer, not investment advice. The definitive terms are in the official offer prospectus. Sources: Offer terms as reported by Pulse Nigeria