CSB Bank Ltd - IPO

CSB Bank Ltd IPO Details

Initial Public Offering of 21,009,067* equity shares of face value of Rs. 10 each (equity shares) of CSB Bank Limited (the bank or the bank orthe issuer) for cash at a price of Rs. 195 per equity share (including share premium of Rs. 185 per equity share) (the offer price) aggregatingto Rs. 409.68 Crores* (the offer) comprising a fresh issue of 1,230,769* equity shares by the bank aggregating to Rs. 24 Crores* (fresh issue) and an Offer for sale of 19,778,298 equity shares aggregating to Rs. 385.68 Crores* by the selling shareholders, (offer for sale). The offer willConstitute 12.11% of the post-offer paid-up equity share capital of the bank.*subject to finalisation of basis of allotment.The face value of the equity share of Rs.10 each.The offer price is 19.5 times the face value of the equity shares.Offer price: Rs.195 per equity share of face value of Rs.10 each.

Objective of issue

To Augment the Bank's Tier-I Capital base to meet the Bank's future Capital Requirements.

CSB Bank Ltd Contact Details

CSB Bank Ltd, C-101 247 Park, L B S Marg, Vikhroli West, Mumbai-400083

Phone - 91-22-49186000

Fax - 91-22-49186060

Email - investors@csb.co.in

Website - www.csb.co.in