CSB BANK was established in 1920 . Currently, it is having head office in Kerala. CSB BANK works in the sector of Company works in Banking Sector. . CSB BANK has experience of 98 years .
Ujjivan SFB provides a range of products and services such as savings account, current account, fixed deposits (FD), recurring deposits (RD), Micro Loans, Home Loans & Small Business Loans. The bank also offers internet banking, phone banking and mobile banking facilities to customers. Ujjivan SFB ATM is biometric enabled. The CSB bank has a large experience, to stand in market.
The CSB Bank's last yearly revenue was Rs 816.71 Cr. H1FY20. The CSB Bank's last yearly profit was Rs 44.27 Cr. Q2 The CSB bank's promoter is FIH Mauritius Investments Ltd.,
CSB BANK IPO issue open date is 22nd November 2019 and close date is 26th November 2019 . The face value for CSB BANK IPO is Rs 10 per equity share. The total IPO size is approx Rs 409 crore.
The price band for CSB BANK is Rs 193 to Rs 195. The lot size for CSB BANK IPO is a minimum of 75 shares to maximum 975 shares. This IPO will be listed on BSE and NSE. CSB BANK IPO total equity is 21021821 shares.
CSB BANK IPO Market Lot and Investment Amount permalink
To invest in CSB BANK's initial public offering starting from 22nd November 2019 you need to invest minimum Rs 14475, however you can also invest up to Rs 190125, considering the upper price of IPO Rs 195 and maximum allottable shares (975 shares). To apply for the maximum number of share you need to bid for 13 lots, one lot is having 75 shares.
CSB BANK IPO was subscribed only Over 87 Times times. Which is considered as a poor subscription compared to other IPOs. Qualified Institutional Buyers (QIBs) like banks, mutual funds and other registered financial institutes were reserved for 6302721 shares and received bids for 391903191 shares which is 62.18 times of total meant for QIB category.
CSB BANK's IPO was subscribed 100% on the first day.
Non Institutional Investors (NII) includes individuals , companies trusts who bid for more than 2 lakhs. The total number of shares reserved for NII investors were 3151360 and bid for 518965964 shares received . Bid from NII for CSB BANK's IPO is 164.68 times of total meant for NII category.
Retail Individual Investors (RIIs) includes individuals investors who can apply up to Rs 2,00,000 in IPO . The total number of shares reserved for RII investors were 2100906 and bid for 93406280 shares received . Bid from RII for CSB BANK's IPO is 44.46 times of total meant for RII category.
The total number of shares offered were 11554987 and bid for 1004243920 shares received .
CSB BANK initial public offering of 21021821 equity shares of the face value of Rs 10 aggregating up to ₹ 409 Crores. CSB BANK IPO issue open date is 22nd November 2019 and close date is 26th November 2019 .