Indian Bank IPO
Closed
IPO Details
- Open Date 05-Feb-07
- Close Date 09-Feb-07
- Lot Size 75
- IPO Size ₹ 782.15 Cr
- IPO Price Range ₹ 91
- Min Investment ₹ 6825
- Listing Exchange -
- Basis of Allotment TBA
- Refunds TBA
- Credit to Demat Account TBA
- Listing Date TBA
IPO Synopsis
Public issue of 8,59,50,000 equity shares of Rs. 10 each (equity shares) of Indian Bank (the bank or the issuer) for cash at a price of Rs.91/- per equity share (including a share premium of Rs.81/- per equity share) aggregating Rs.782.15 Crores (the issue). The issue includes a reservation of 85,95,000 equity shares of Rs.10/- each for the eligible employees (the employee reservation portion). The issue less the employee reservation portion is referred to as the net issue. The issue will constitute 25% of the pre issue and 20 % of the post issue fully diluted paid-up equity capital of the bank. Issue Price is Rs.91/- per equity share of face value Rs.10/- each The issue price is 9.1 times the face valueIndian Bank Financial Status
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Contact Details of Indian Bank IPO
Contact Information
66 Rajaji Salai,
P B No 1384,
Chennai, Tamil Nadu 600001