CATHOLIC SYRIAN BANK IPO OPENS ON 22TH NOV

Catholic Syrian Bank Ltd began the private division bank on 26th Nov 1920, in Thrissur, Kerala. It has 426 branches all through India. The Catholic Syrian Bank IPO membership began on 22nd Nov 2019, and it will be shut on 26th Nov 2019. From this issue, it needs to rise 405.72-409.68 crores.

Catholic Syrian Bank IPO Details:

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Offer/Issue Date:  22nd Nov to 26th Nov 2019

Issue Type:  Book Built Issue IPO

Issue Size: 21,021,523 eq portions of Rs 10 (collecting up to Rs 409.68 cr)

New Issue: 1,243,523 eq portions of Rs 10 (conglomerating up to Rs 24.00 cr)

Initial public offering Size:    19,778,298 eq portions of Rs 10 (accumulating up to Rs 385.68 cr)

Face Value:  Rs 10 for each Equity Share

Issue Price:  Rs 193 to Rs 195 for each Equity Share

Market Lot:  75 Shares

Least Bid and Lot Size:  75 Shares

Posting At:  BSE, NSE

It is the book constructed tye issue, and furthermore it will be list on BSE (Bombay Stock Exchange), and NSE (National Stock Exchange). The size of the issue is 19,778,298 eq imparts to a total of Rs 385.68 crores. The issue cost between Rs 193-Rs-195 for each value share.

The base request amount of the issue and the market part both are 75 offers. Furthermore, the assumed worth of IPO is Rs 10 for each value share.

The Object of this IPO is to use the gave sum to the future capital reason and furthermore utilized for the stock trade value offers and deals benefits.

Initial public offering Promoters Holding:

The FIH Mauritius Investment Ltd is the advertiser of this bank.

Pre-Issue Share Holding:      50.09%

Post Issue Share Holding:     49.7%

The CSB IPO designation request will be given on second Dec 2019. In the event that on the off chance that the offer won't be apportioned to the financial specialist the sum will be discounted on third Dec 2019. What's more, the IPO will be recorded on fourth Dec 2019.

In awaiting chance, the offers allocated to the QIB is 75%, NIB is 15% and 10% for the Retail.

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Registrar For The Issue:

Link Intime India Private Limited

C-101, first Floor, 247 Park

L.B.S Marg, Vikhroli (West)

Mumbai-400 083

Telephone: +91 22 4918 6200

Email: csb.ipo@linktime.co.in

Site: www.linkintime.co.in

Disclaimer: This post is only data about the IPO. It doesn't offer any guidance or suggestion. It would be ideal if you read the offer archive cautiously and counsel your counsellor before contributing.