IPO

Indian Bank IPO

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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 value

Indian Bank IPO Subscription Details

Company

Indian Bank

Issue Type

(Book Built Portion)

Open Date

05 Feb

Close Date

09 Feb

Offer Price

91.00

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How to apply IPO on 5paisa app?

  • Login to your 5paisa Mobile Trading App and select the issue in the current IPO section
  • Enter the number of lots and price at which you wish to apply for
  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
  • You will receive a notification to block funds in your UPI app
  • Approve the block request

Indian Bank IPO Frequently Asked Questions

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Contact Details of Indian Bank IPO

Company Contact Information

Indian Bank IPO
66 Rajaji Salai,
P B No 1384,
Chennai, Tamil Nadu 600001.

Phone: 91-44-25233231/25231253/25231254
Email: investors@indianbank.co.in

Indian Bank IPO Register

Cameo Corporate Services Ltd

Indian Bank IPO Lead Manager(s)

  • Enam Financial Consultants Pvt Ltd
  • ICICI Securities Ltd
  • Kotak Mahindra Capital Company Ltd
  • SBI Capital Markets Ltd

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