CSB Bank IPO Allotment Details,Status, Date, Link

 

Catholic Syrian Bank (CSB) is come with his IPO in this year. CSB is Backed by Prem Watsa’s Fairfax India Holdings Corp, the bank is prepping for a listing which could have a Rs 400 crore initial public offering (IPO), chief executive officer CVR Rajendran said.

Watsa’s Fairfax Financial Holding Ltd has investments around the world, with a special focus on India. The company has infused about $1.6 billion in Indian assets since August 2015, that range from chemical manufacturers to financial services.

CSB was founded in November 1920 and it commenced business in 1921. It is headquartered in Thrissur, Kerala. With dominance in the southern region of India, CSB has 430 branches across India.

The CSB Bank IPO Subscribed over 86x times overall and it was a superb response from QIB and HNI categories. Retail subscribed over 44 times. It will be a good listing and the listing will be around 245-250 level. Check out CSB Bank IPO allotment status online. You can check CSB Bank IPO allotment via application number or pan card.

 

CSB Bank IPO Allotment & Listing Details:

CSB Bank IPO allotment date is 02-December-2019 but the allotment might come on 03-December-2019. As per the subscription numbers, the basis of allotment CSB Bank is around 70:2.
CSB Bank IPO Allotment Date
02-Dec-19
CSB Bank Listing Date 04-Dec-18
Basis of Allotment 70:2 (Appx)

 

CSB Bank IPO Details:

Issue Open: Nov 22, 2019
Issue Close: Nov 26, 2019
IPO Price: ₹193 – ₹195
Face Value: ₹10
IPO Size: ₹409.68 Cr
Listing At: BSE, NSE
IPO Lot Size: 75

CSB Bank IPO Schedule:

Bid/Offer Opens On: Nov 22, 2019
Bid/Offer Closes On: Nov 26, 2019
Finalization of Basis of Allotment: Dec 2, 2019
Initiation of refunds: Dec 3, 2019
Credit of Equity Shares: Dec 3, 2019
Listing Date: Dec 4, 2019

To Check your CSB BANK IPO Allotment, Click Here 

Also Can Check IPO Allotment Status Here

or  https://linkintime.co.in/MIPO/IPO.aspx

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To Open Zerodha Share & Trade Account Click here.

 

CSB Bank Listing Page on Money Control

 

References:

  • Money Control

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