Dangote Petroleum Refinery IPO
Africa’s largest IPO is now open
Review the offer overview, download the official Investor Application Form, and submit a Large Quota application through 9jaShares. This page is informational for all visitors; signing in is required only when you upload an application.
News & IPO Overview
Public reporting describes the Dangote Petroleum Refinery and Petrochemicals offering as a landmark African equity raise: roughly 4.1 billion shares priced at ₦525 each, targeting about ₦2.15 trillion, and widely characterised as Africa's largest IPO. Coverage also notes the refinery's current scale of around 700,000 barrels per day, with IPO proceeds intended in part to support further expansion.
Reporting also frames the offer as a major public-market event designed to broaden participation — including retail investors — and highlights a separate, smaller retail entry point of 10 shares. That retail pathway is not enabled on 9jaShares in Phase 1.
Summaries above are in our own words. Follow the links for original reporting. This is not investment advice.
Why this IPO matters
- One of Africa's largest-ever public offerings
- Opportunity for broader public ownership in Dangote Petroleum Refinery
- Shares priced at ₦525
- Offer currently open
- Allotment is not guaranteed
IPO Offer Details
Large Quota Application
- Company
- Dangote Petroleum Refinery and Petrochemicals FZE
- Offer price
- ₦525/share
- Offer opens
- 14 September 2026
- Offer closes
- 13 October 2026
- Large Quota Application minimum
- 50,000 shares
- Minimum subscription amount
- ₦26,250,000
- Subsequent quantities
- multiples of 10 shares
A smaller retail application option will be added separately once the official retail form is provided.
Large Quota figures above are taken from the official Investor Application Form provided by management.
How to Apply
- Download the official Investor Application Form.
- Fill all applicable sections and sign it.
- Return to 9jaShares.
- Upload the completed PDF.
- Enter the number of shares requested.
- Review the calculated subscription amount.
- Submit the IPO application.
Submitting an IPO application does not guarantee allotment. Your application may be accepted in full, partially allotted, or not allotted. Where an amount is due for refund, the applicable unallocated amount will be refunded in accordance with the offer process.
The official form collects investor details (name, address, phone, email, mother's maiden name, CHN, CSCS, stockbroker, next of kin, bank/BVN, signature). 9jaShares only stores minimal tracking data: requested shares, calculated amount, uploaded form, status, and timestamps.