Andhra Bank(Merged) IPO
Closed
IPO Subscription Details
- Open Date 16 Jan
- Close Date 20 Jan
- Lot Size 75
- IPO Size ₹ 765 Cr
- IPO Price Range ₹ 90
- Min Investment ₹ 6750
IPO Synopsis
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) Financial Status
How to apply for IPO?
-
Login to your 5paisa account 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 mandate notification to block funds in
your UPI app -
Approve the mandate request on your UPI and funds
will be blocked
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Please keep below documents handy:
- PAN Card
- Aadhar Card
- Bank Account Number
Contact Details of Andhra Bank(Merged) IPO
Contact Information
Dr Pattabhi Bhavan 5-9-11,
Saifabad,
Hyderabad, Telangana 500004
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