South Indian Bank Ltd - Prospectus Synopsis

South Indian Bank Ltd RHP

Registered Office : SIB House T B Road , Mission Quarters , Thrissur - 680001 , Kerala , India.

Phone : 91-487-2420020  Fax : 91-487-2442021

Email :    Website :

Public issue of 22727272 equity shares of Rs. 10 each for cash at a price of Rs. 66 per equity share aggregating Rs. 150 crores by the South Indian Bank Limited (The Bank or Issuer). The issue comprises a net issue to the public of 18181818 equity shares of Rs. 10 each (The Net Issue) aggregating Rs. 120 crores and a reservation for eligible employees and share holders of up to 2272727 equity shares each at the issue price aggregating Rs. 15 crores each. The issue would constitute 32.2% of the fully diluted post issue paid-up capital of the Bank. Issue Price Rs.66 per equity share of face value Rs. 10. The face value of the shares is Rs. 10 and the issue price is 6.6 times of the face value

Issue Money Payable On
Opens On Closes On Application Allotment
10-Feb-2006 15-Feb-2006 Rs 66 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 100 Further Multiples of : 100
  Rs Cr Lead Managers to the Issue
Project Cost 150 Enam Financial Consultants Pvt Ltd
Project Financed through Current Offer 150  
Post Issue Equity Share Capital 70.4  
Issue Price Rs. 66  
Augment capital base to meet future capital req.
Promoted By Listing At Registrar to the Issue
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