Andhra Bank(Merged) IPO

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Public issue of up to 85,000,000 equity shares of Rs. 10 each for cash at a price of Rs. 90 per equity share Aggregating Rs. 765 crores by Andhra Bank (the Bank or Issuer) (the Issue). The Issue comprises a net issue to the Public of up to 76,500,000 Equity Shares of Rs. 10 each (the net issue) and a reservation for eligible employees of up to 8,500,000 Equity Shares of Rs. 10 each, at the Issue Price. The Issue would constitute 17.53% of the total post issue paid-up Equity Capital of the Bank.

Andhra Bank(Merged) IPO Subscription Details


Andhra Bank(Merged)

Issue Type

(Book Built Portion)

Open Date

16 Jan

Close Date

20 Jan

Offer Price


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Contact Details of Andhra Bank(Merged) IPO

Company Contact Information

Andhra Bank(Merged) IPO
Dr Pattabhi Bhavan 5-9-11,
Hyderabad, Telangana 500004.

Phone: 91-40-2325 2371
Email: mbd@andhrabank.co.in

Andhra Bank(Merged) IPO Register


Andhra Bank(Merged) IPO Lead Manager(s)

  • Bajaj Capital Ltd
  • Centrum Finance Ltd
  • Citigroup Global Markets India Pvt Ltd
  • DSP Merrill Lynch Ltd
  • Enam Financial Consultants Pvt Ltd
  • Industrial Development Bank of India
  • KJMC Global Market (India) Ltd
  • Kotak Mahindra Capital Company Ltd
  • SBI Capital Markets Ltd
  • Tata Finance Ltd
  • UTI Securities Exchange Ltd

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