The Bamboo referral link applies automatically when you download the app. Yes, you can buy the Bamboo Dangote IPO through the platform at a fixed offer price of NGN 525.00 per share. Download the app via this referral link, complete your profile verification, fund your NGN wallet, and submit your application directly from the home screen before the closing date.
The Dangote Refinery IPO opened on 14 September 2026 and officially closes on 13 October 2026. This is a hard deadline. Investors who fail to apply before 13 October 2026 will miss the primary market offering entirely. The minimum application requirement is 10 shares, setting the entry threshold at a highly accessible NGN 5,250. Investors can apply for any amount above this minimum in multiples specified by the prospectus.
Payment is due in full at the exact time of application. This means your Bamboo NGN wallet must be funded with the complete total before you attempt to buy the shares. You cannot submit an order and fund the account later. Because funding via bank transfers or payment gateways can experience significant delays during peak market events, investors face a real timing risk if they attempt to deposit funds at the very last minute. Always ensure your capital is settled well ahead of the cutoff.
A Central Securities Clearing System (CSCS) number is mandatory for all NGX investments. Bamboo simplifies this process significantly. When you open and verify a new Bamboo account, a CSCS number is created automatically without any physical paperwork or visits to a stockbroker. You can verify this number in your app profile, and the platform attaches it to your application automatically.
The offering comprises 4.1 billion ordinary shares, aiming to raise roughly NGN 2.15 trillion for the refinery. If the IPO is heavily oversubscribed, meaning total demand exceeds the available 4.1 billion shares, allocations will be distributed proportionally or by a ballot system overseen by regulators. You may not receive the full amount you requested. Any excess funds from unallotted shares will be refunded directly to your Bamboo NGN wallet after the final results are published.
Once the offer concludes and the allotment is finalized, the shares will officially list on the NGX Main Board. From that day onward, the stock will trade on the open secondary market, and its price will fluctuate based on supply and demand rather than the fixed NGN 525.00 rate. Bamboo acts only as an execution platform and does not guarantee investment returns. Read the official prospectus to understand the company's financials, debt profile, and market risks before applying.
Full walkthrough: Bamboo Dangote IPO: Can You Buy the Offer on Bamboo?