IPO

South Indian Bank Ltd IPO

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Public issue of 22727272 equity shares of Rs. 10 each for cash at a price of Rs. 66 per equity share aggregating Rs. 150 crores by the South Indian Bank Limited (The Bank or Issuer). The issue comprises a net issue to the public of 18181818 equity shares of Rs. 10 each (The Net Issue) aggregating Rs. 120 crores and a reservation for eligible employees and share holders of up to 2272727 equity shares each at the issue price aggregating Rs. 15 crores each. The issue would constitute 32.2% of the fully diluted post issue paid-up capital of the Bank. Issue Price Rs.66 per equity share of face value Rs. 10. The face value of the shares is Rs. 10 and the issue price is 6.6 times of the face value

South Indian Bank Ltd IPO Subscription Details

Company

South Indian Bank Ltd

Issue Type

(Book Built Portion)

Open Date

10 Feb

Close Date

15 Feb

Offer Price

66.00

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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

South Indian Bank Ltd IPO Frequently Asked Questions

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Contact Details of South Indian Bank Ltd IPO

Company Contact Information

South Indian Bank Ltd IPO
SIB House T B Road,
Mission Quarters,
Thrissur, Kerala 680001.

Phone: 91-487-2420020
Email: sibcorporate@sib.co.in

South Indian Bank Ltd IPO Register

Link Intime India Pvt Ltd

South Indian Bank Ltd IPO Lead Manager(s)

  • Enam Financial Consultants Pvt Ltd
  • ICICI Securities Ltd

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