IPO

CSB Bank Limited IPO

Mainboard

Listed On: Dec 4, 2019 at ₹ 275

₹ 14625 /75 Shares

IPO Details

22 Nov, 2019

Open Date

26 Nov, 2019

Close Date

02 Dec, 2019

Allotment Date

04 Dec, 2019

Listing Date

Issue Price

Rs 193/- to Rs 195/- Rs per Equity Share

Face Value

Rs 10 Per Equity Share 

Listing at Group

NSE, BSE

Registrar

Link Intime India Private Limited

List Price

275

Listing Date

2019-12-04

Market Lot

75 Shares ( Rs 14,625/- )

Lead Manager

Axis Capital Limited, IIFL Holdings Limited

Issue Size

Total 2,10,09,067 Equity Shares of Rs 10/- at price of Rs 193/- to Rs 195/- with aggregating up to Rs 409.68 Cr# Fresh Issue of 12,30,769 Equity Shares of Rs 10/- at price of Rs 193/- to Rs 195/- with aggregating up to Rs 24 Cr # Offer for Sale of 1,97,78,298 Equity Shares of Rs 10/- at price of Rs 193/- to Rs 195/- with aggregating up to Rs 385.68 Cr

Retail Portion

N/A

Subscription

1,00,43,97,750 86.93 times

IPO Docs

No related IPO documents available.

IPO Details


The IPO of is priced at ₹193 - 195 per equity share, which has a face value of Rs 10 Per Equity Share  each, IPO bidding starts from Nov 22, 2019 and ends on Nov 26, 2019. The allotment for IPO will be finalized on Dec 2, 2019. IPO will be listed on BSE, NSE, with a tentative listing date fixed as Dec 4, 2019. The company shall list its equity shares on the NSE, BSE. Link Intime India Private Limited is the registrar of the issue.

The book-running lead manager for the IPO is/are Axis Capital Limited, IIFL Holdings Limited.


The IPO sets its price band at 193 - 195 for each share. A single application for CSB Bank Limited IPO must contain at least 75 shares.

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IPO Subscription Details

As onQIBNIIRetailTotal
Shares Offered / Reserved63,02,72131,51,36021,00,9061,15,54,987
Day 1 - 22-11-190 x3,16,125 0.101,17,71,325 5.60 x1,20,87,450 1.05 x
Day 2 - 25-11-1916,22,550 0.26 x33,57,600 1.064,52,26,800 21.53 x5,02,06,950 4.35 x
Day 3 - 26-11-1939,19,21,425 62.18 x51,89,72,475 164.689,35,03,850 44.51 x1,00,43,97,750 86.93 x

Valuations

Earnings Per Share (EPS)

Rs - (0.38)/-

P/E Ratio

NA

RoNW

- (4.48)%

Net Asset Value (NAV) - As on 30.09.19

89.19

Company Financials All values are in ₹ Cr.

- Peers Comparison

P/B RatioP/E RatioRoNWNet Worth
CSB Bank Limited2.19NA- (4.48)%- (65.69)
DCB Bank Limited1.7115.6910.913041.49
Federal Bank Limited1.2511.3811.02%11,419.03
South Indian Bank Limited0.366.475.63%6876.52
City Union Bank Limited3.0621.6814.14%3767.17
Karur Vysya Bank Limited0.7020.923.35%5815.82

IPO - Ratings

HEM SECURITIESSUBSCRIBE
ICICI SECURITIESSUBSCRIBE
SAMCOSUBSCRIBE FOR LISTING GAINS
AJCON GLOBAL SERVICES LTDSUBSCRIBE
IIFLSUBSCRIBE FOR LONG TERM

- Promoter(s)

Company Promoter(s)
  1. FIH Mauritius Investments Ltd (FIHM)

IPO - Issue Objectives

  1. Offer for SaleCompany will not receive any proceeds from the Offer for Sale.
  2. Fresh Issue(a) To augment Bank's Tier-I capital base to meet the Bank's future capital requirements(b) To achieve the benefits of listing the Equity Shares on the Stock Exchanges and Offer for Sale

IPO - FAQs

Ans. CSB Bank Limited IPO is a Mainboard IPO. The issue is priced at Rs 193/- to Rs 195/- Rs per Equity Share. The minimum order quantity is 75 Shares. The IPO opens on Nov 22, 2019, and closes on Nov 26, 2019. Link Intime India Private Limited is the registrar for the IPO. The shares are proposed to be listed on NSE, BSE.

Ans. The CSB Bank Limited IPO opens on Nov 22, 2019 and closes on Nov 26, 2019.

Ans. The size of CSB Bank Limited IPO is Total 2,10,09,067 Equity Shares of Rs 10/- at price of Rs 193/- to Rs 195/- with aggregating up to Rs 409.68 Cr# Fresh Issue of 12,30,769 Equity Shares of Rs 10/- at price of Rs 193/- to Rs 195/- with aggregating up to Rs 24 Cr # Offer for Sale of 1,97,78,298 Equity Shares of Rs 10/- at price of Rs 193/- to Rs 195/- with aggregating up to Rs 385.68 Cr.

Ans. The IPO price band is set between Rs 193/- to Rs 195/- Rs per Equity Share.

Ans. To apply for CSB Bank Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find CSB Bank Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of CSB Bank Limited IPO is Dec 2, 2019.

Ans. The CSB Bank Limited IPO will be listed on Dec 4, 2019.

Ans. Follow the steps to check the allotment status for CSB Bank Limited IPO here.