IPO SYNOPSIS

CSB Bank Ltd
Registered Office:
P B No 502 CSB Bhavan,St Marys College Road,
Thrissur - 680020,
Kerala, India.
Website :  www.csb.co.in
Initial Public Offering of 21,009,067* equity shares of face value of (₹) 10 each ("equity shares") of CSB Bank Limited ("the bank" or "the bank" or "the issuer") for cash at a price of (₹) 195 per equity share (including share premium of (₹) 185 per equity share) (the "offer price") aggregating to (₹) 409.68 Crores* (the "offer") comprising a fresh issue of 1,230,769* equity shares by the bank aggregating to (₹) 24 Crores* ("fresh issue") and an Offer for sale of 19,778,298 equity shares aggregating to (₹) 385.68 Crores* by the selling shareholders, ("offer for sale"). The offer will Constitute 12.11% of the post-offer paid-up equity share capital of the bank. *subject to finalisation of basis of allotment. The face value of the equity share of (₹)10 each. The offer price is 19.5 times the face value of the equity shares. Offer price: (₹)195 per equity share of face value of (₹)10 each.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
22-Nov-19
26-Nov-19
195.00-0.00
0.00-0.00
Minimum Application for shares in Nos : 75     Further Multiples of : 75
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
24.00
Axis Capital Ltd
Project Financed
409.68
 
Post Issue
173.46
 
Issue Price
195.00
 
Projects
To Augment the Bank's Tier-I Capital base to meet the Bank's future Capital Requirements
Promoted By
FIH Mauritius Investments Ltd
Listing At
BSE
NSE
Registrar to the Issue
No Data Available!!!
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