Syndicate Bank(Merged) - IPO

Syndicate Bank(Merged) IPO Details

Public issue of 50,000,000 equity shares of Rs. 10 each for cash at a price of Rs. 50 per equity share aggregating Rs. 250 crores by Syndicate Bank (the Bank or Issuer) (the Issue). The Issue comprises a net issue to the public of at least 45,000,000 Equity Shares of Rs. 10 each (the Net Issue) and a reservation for eligible Employees of up to 5,000,000 Equity Shares of Rs. 10 each, at the Issue Price. The Issue would constitute 9.58% of the fully diluted post issue paid-up capital of the Bank.

Objective of issue

To meet futute capital adequacy requirements.

Syndicate Bank(Merged) Contact Details

Syndicate Bank(Merged), 6-1-68/2, Saifabad, , Hyderabad - 500004

Phone -

Fax -

Email - inrc@syndicatebank.co.in

Website - www.syndicatebank.in