CSB Bank Ltd IPO

IPO Synopsis

Initial Public Offering of 21,009,067* equity shares of face value of Rs. 10 each (equity shares) of CSB Bank Limited (the bank or the bank or the issuer) for cash at a price of Rs. 195 per equity share (including share premium of Rs. 185 per equity share) (the offer price) aggregating to Rs. 409.68 Crores* (the offer) comprising a fresh issue of 1,230,769* equity shares by the bank aggregating to Rs. 24 Crores* (fresh issue) and an Offer for sale of 19,778,298 equity shares aggregating to Rs. 385.68 Crores* by the selling shareholders, (offer for sale). The offer will Constitute 12.11% of the post-offer paid-up equity share capital of the bank. *subject to finalisation of basis of allotment. The face value of the equity share of Rs.10 each. The offer price is 19.5 times the face value of the equity shares. Offer price: Rs.195 per equity share of face value of Rs.10 each.