This is to inform you that CSB Bank is coming out with a public issue to raise Rs.405.72 – Rs.409.68 crore from the market.
The issue opens on November 22, 2019 and closes on November 26, 2019.
Issue details
| Company Details | : | CSB Bank is one of the oldest private sector banks in India with a history of over 98 years and a strong base in Kerala along with significant presence in Tamil Nadu, Karnataka and Maharashtra. It offers a wide range of products and services to its customer base of 1.3 million as on March 31, 2019, with focus on SME, retail and NRI customers. |
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| Price Band | : | Rs.193-195 |
| Bid Lot | : | 75 Shares and in multiple thereof |
| Issue Details | : | Fresh issue size Rs.24 crore and offer for sale of 19,778,298 equity shares |
| Issue Size | : | Rs. 405.72 – Rs. 409.68 crore |
| Issue Break-up | : | QIB – 75 % of the offer – Rs. 307.26 crore NIB – 15 % of the offer – Rs. 61.45 crore RET – 10 % of the offer – Rs. 40.97 crore |
| Listing | : | National Stock Exchange and Bombay Stock Exchange |
| Registrar | : | Link Intime India Pvt. Ltd |
| UPI | : | Payment for all retail applications to be compulsorily made in UPI mode |
Step 1: Create an UPI ID 
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Step 2: Apply for IPO online using mobile app or website 
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Step 3: Authorise UPI mandate to block payment 
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| Published by Team Internal Communications |  |
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