Syndicate Bank(Merged) IPO

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Public issue of 50,000,000 equity shares of Rs. 10 each for cash at a price of Rs. 50 per equity share aggregating Rs. 250 crores by Syndicate Bank (the Bank or Issuer) (the Issue). The Issue comprises a net issue to the public of at least 45,000,000 Equity Shares of Rs. 10 each (the Net Issue) and a reservation for eligible Employees of up to 5,000,000 Equity Shares of Rs. 10 each, at the Issue Price. The Issue would constitute 9.58% of the fully diluted post issue paid-up capital of the Bank.

Syndicate Bank(Merged) IPO Subscription Details


Syndicate Bank(Merged)

Issue Type

(Book Built Portion)

Open Date

07 Jul

Close Date

13 Jul

Offer Price


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Contact Details of Syndicate Bank(Merged) IPO

Company Contact Information

Syndicate Bank(Merged) IPO
Post Box No 1 Syndicate Bank,
Golden Jubilee Auditorium,
Manipal, Karnataka 576104.

Phone: 91-820-2571181-96
Email: inrc@syndicatebank.co.in

Syndicate Bank(Merged) IPO Register

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Syndicate Bank(Merged) IPO Lead Manager(s)

  • DSP Merrill Lynch Ltd
  • Enam Financial Consultants Pvt Ltd
  • ICICI Securities & Finance Company Ltd
  • J M Morgan Stanley Retail Services Ltd
  • Kotak Mahindra Capital Company Ltd
  • SBI Capital Markets Ltd
  • SSKI Corporate Finance Pvt Ltd

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