Business Standard

Central Bank of India - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

816.00 cr

Price Range (₹)

102

Lot Size

60

Min Investment (₹)

6,120.00

Listing Exchange

MumbaiNSE

Open Date

24-Jul-2007

Close Date

27-Jul-2007

Listing Date

21-Aug-2007

Central Bank of India News

    The Shares of Central Bank of India have now been listed.

    Central Bank of India IPO Details

    Public issue of 8,00,00,000 Equity Shares of Rs.10 each (Equity Shares) of Central Bank of India (the 'Bank' or the 'Issuer') for cash at a price of Rs.102/- per Equity Share (Including a Share Premium of Rs.92/- per Equity Share) aggregating Rs.816.00 Crores (The Issue). The issue includes a Reservation of 40,00,000 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 24.68% of the pre issue and 19.80% of the post issue fully diluted paid-up Equity capital of the bank.Issue Price is Rs.102/- per Equity Share of Face Value Rs.10 each.The Issue Price is 10.2 times the face value

    Objective of issue

    To Augment Capital base to meet Cap. requirement.

    Central Bank of India Contact Details

    Central Bank of India, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

    Phone - 91-022-25963838

    Fax - 91-022-25946969

    Email - investors@centralbank.co.in

    Website - www.centralbankofindia.co.in