Central Bank of India - IPO

Central Bank of India IPO Details

Public issue of 8,00,00,000 Equity Shares of Rs.10 each (Equity Shares) of Central Bank of India (the 'Bank' or the 'Issuer') for cash at a price of Rs.102/- per Equity Share (Including a Share Premium of Rs.92/- per Equity Share) aggregating Rs.816.00 Crores (The Issue). The issue includes a Reservation of 40,00,000 Equity Shares of Rs.10/- each for the Eligible Employees (The 'Employee Reservation Portion'). The Issue Less the employee reservation portion is referred to as the Net Issue. The issue will constitute 24.68% of the pre issue and 19.80% of the post issue fully diluted paid-up Equity capital of the bank.Issue Price is Rs.102/- per Equity Share of Face Value Rs.10 each.The Issue Price is 10.2 times the face value

Objective of issue

To Augment Capital base to meet Cap. requirement.

Central Bank of India Contact Details

Central Bank of India, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

Phone - 91-022-25963838

Fax - 91-022-25946969

Email - investors@centralbank.co.in

Website - www.centralbankofindia.co.in