Andhra Bank(Merged) - Prospectus Synopsis

Andhra Bank(Merged) RHP

Registered Office : Dr Pattabhi Bhavan 5-9-11 , Saifabad , Hyderabad - 500004 , Telangana , India.

Phone : 91-40-2325 2371  Fax : 91-40-2323 0883

Email : mbd@andhrabank.co.in    Website : www.andhrabank.in

Public issue of up to 85,000,000 equity shares of Rs. 10 each for cash at a price of Rs. 90 per equity share Aggregating Rs. 765 crores by Andhra Bank (the Bank or Issuer) (the Issue). The Issue comprises a net issue to the Public of up to 76,500,000 Equity Shares of Rs. 10 each (the net issue) and a reservation for eligible employees of up to 8,500,000 Equity Shares of Rs. 10 each, at the Issue Price. The Issue would constitute 17.53% of the total post issue paid-up Equity Capital of the Bank.

Issue Money Payable On
Opens On Closes On Application Allotment
16-Jan-2006 20-Jan-2006 Rs 90 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 75 Further Multiples of : 75
  Rs Cr Lead Managers to the Issue
Project Cost 0 Bajaj Capital Ltd
Project Financed through Current Offer 765  
Post Issue Equity Share Capital 485  
Issue Price Rs. 90  
Projects
To meet its future capital adequacy requirements
Promoted By Listing At Registrar to the Issue
Government of India
President Of India
Bombay MCS Ltd
 

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