Allahabad Bank(Merged) - IPO

Allahabad Bank(Merged) IPO Details

Public issue of 100000000 equity shares of Rs 10 each for cash at a price of Rs 82 per share aggregating Rs 820 crore (the issue) by Allahabad Bank (the bank or the issuer). The issue comprise net issue to the public of upto 80000000 equity shares of Rs 10 each, a reservation for employees of upto 10000000 equity shares of Rs 10 each and a reservation for existing shareholders of upto 10000000 equity shares of Rs 10 each, at the issue price. The issue would constitiute 22.38% of the fully diluted post issue paid-up capital of the bank.

Objective of issue

To augment the capital base of the Bank.. To augment the long-term resources of the Bank..

Allahabad Bank(Merged) Contact Details

Allahabad Bank(Merged), Sri Padmavati Bhavan, Plot No 93 Rd No 16, MIDC Andheri (E), Mumbai - 400093

Phone - 91-22-28372385

Fax - 91-22-28201783

Email - investors.grievance@allahabadbank.in

Website - www.allahabadbank.in