BoB FPO priced in Rs 210-230 band

Bank of Baroda (BoB) has fixed a price band of Rs 210-230 for its follow-on public offer of 7.1 crore shares, which is scheduled to open on January 16.

While the bank will be able to mop up Rs 1,491 crore at the lower band of Rs 210 per share, the bank will be able to raise Rs 1,633 crore at the upper band of Rs 230.

"The issue will close on January 20," the bank said in a release today, adding that the minimum bid size for the issue would be 30 shares.