Central Bank of India IPO

IPO Synopsis

Public issue of 8,00,00,000 Equity Shares of Rs.10 each (Equity Shares) of Central Bank of India (the Bank or the Issuer) for cash at a price of Rs.102/- per Equity Share (Including a Share Premium of Rs.92/- per Equity Share) aggregating Rs.816.00 Crores (The Issue). The issue includes a Reservation of 40,00,000 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 24.68% of the pre issue and 19.80% of the post issue fully diluted paid-up Equity capital of the bank. Issue Price is Rs.102/- per Equity Share of Face Value Rs.10 each. The Issue Price is 10.2 times the face value

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