CSB Bank's IPO opens today; should you subscribe? Here's what analysts say

The bank's IPO will remain open between November 22 and 26, while allotment would be made on December 2, 2019. The shares would be listed on, both, the NSE and BSE on December 4.

Nearly a century-old private lender CSB Bank, is set to launch its initial public offer (IPO) today. The bank, which primarily caters to small and medium enterprises (SMEs), plans to raise up to Rs 410 crore to expand its Tier-I capital. The offer is a mix of fresh issue and offer for sale (OFS) within a price-band of Rs 193 –Rs 195.

The IPO will remain open till November 26, while allotment would be made on December 2, 2019. The shares would be listed on, both, the NSE and BSE on December 4.

Here are the key things you