CSB Bank stock to list today on BSE, NSE

The IPO was subscribed 86.93 times on the last day.

Dec 04, 2019 08:12 IST India Infoline News Service

CSB Bank
CSB Bank, formerly known as Catholic Syrian Bank, will be listed on the stock bourses today.

The IPO was subscribed 86.93 times on the last day. The price band for CSB Bank IPO was fixed at Rs193-195 per share.

The qualified institutional buyers (QIBs) category was subscribed 62.18 times. The non-institutional investor's category was subscribed 164.68 times. The retail individual investors (RIIs) category was subscribed 44.53 times.

The Book Running Lead Managers (“BRLMs”) to the Offer are Axis Capital Limited and IIFL Securities Limited.

Meanwhile, Ujjivan Small Finance Bank IPO was subscribed nearly 5 times on Day 2. The category meant for qualified institutional buyers (QIBs) was subscribed 85%, non-institutional investors, 2.46 times and retail individual investors 23.85 times, according to the exchange data.


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