Oriental Bank of Commerce(Merged IPO

Closed

Subscription Details

  • Open Date 25 Apr
  • Close Date 29 Apr
  • Lot Size 25
  • IPO Size ₹ 1450 Cr
  • IPO Price Range ₹ 250
  • Min Investment ₹ 6250

Oriental Bank of Commerce(Merged IPO Timeline

Open Date
25 Apr
Close Date
29 Apr
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public Issue of 58000000 equity shares of Rs 10 each for cash at a price of Rs 250 per equity share aggregating Rs 1450 crore (the issue) by Oriental Bank of Commerce (the bank or the issuer). The issue comprises a net issue to the public of up to 46400000 equity shares of Rs 10 each (the net issue), a reservation for employees of up to 5800000 equity shares of Rs 10 each and a reservation for existing shareholders of the bank of upto 5800000 equity shares of Rs 10 each, at the issue price. The issue would constitute 23.15% of the fully diluted post issue paid-up capital of the bank.

How to apply for an 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

Contact Details of Oriental Bank of Commerce(Merged IPO

Contact Information

Address

E Block Harsha Bhawan,
Connaught Place,
New Delhi, New Delhi 110001

Open Demat Account