Indian Bank - Prospectus Synopsis

Indian Bank RHP

Registered Office : 66 Rajaji Salai , P B No 1384 , Chennai - 600001 , Tamil Nadu , India.

Phone : 91-44-25233231/25231253/25231254  Fax : 91-44-25231278

Email : investors@indianbank.co.in    Website : www.indianbank.in

Public issue of 8,59,50,000 equity shares of Rs. 10 each (equity shares) of Indian Bank (the bank or the issuer) for cash at a price of Rs.91/- per equity share (including a share premium of Rs.81/- per equity share) aggregating Rs.782.15 Crores (the issue). The issue includes a reservation of 85,95,000 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 25% of the pre issue and 20 % of the post issue fully diluted paid-up equity capital of the bank. Issue Price is Rs.91/- per equity share of face value Rs.10/- each The issue price is 9.1 times the face value

Issue Money Payable On
Opens On Closes On Application Allotment
05-Feb-2007 09-Feb-2007 Rs 91 - 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 Enam Financial Consultants Pvt Ltd
Project Financed through Current Offer 782.15  
Post Issue Equity Share Capital 429.77  
Issue Price Rs. 91  
Projects
Augment our Cap. base to meet Fut. Cap.Requirement
Promoted By Listing At Registrar to the Issue
President of India
Mumbai Cameo Corporate Services Ltd
 

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