The issue has been set at a floor price of Rs 1,181.06 per share, on which the lender may offer a discount of not more than 5 per cent, according to its exchange filing.
At 8x FY21 estimated book, even as it is the most expensive lender, the stock remains among the preferred picks in the banking pack
RBI's decision to allow small finance bank to become scheduled commercial bank likely to give it fresh momentum