Watsa’s Fairfax India Holdings (FIH) Corporation has acquired a 51% stake in CSB Bank which is around Rs 440 crores. The promoter of the company is FIH Mauritius Investments Ltd (“FIHM”). Check out the CSB Bank IPO date, price band, and market lot details.
Important IPO Details: The company has an EPS of -Rs.3.81 per share and Return on Net Worth (RONW) is around -4.48%. The CSB Bank has Net Asset Value (NAV) of Rs.85.12 per share.
CSB Bank IPO Review:
- Apply for Listing Gain
CSB Bank IPO Review by Brokerage Houses:
- ICICI Direct – Subscribe
- Ajcon Global Services Ltd – Subscribe
- Capital Market – Avoid
- Kotak Securities – N/A
- Axis Capital – N/A
- Sharekhan Limited – N/A
- Emkay Global – N/A
CSB Bank IPO Dates & Price Band:
| IPO Open: | 22-November-2019 |
| IPO Close: | 26-November-2019 |
| IPO Size: | Approx ₹410 Crore (Approx) |
| Face Value: | ₹10 Per Equity Share |
| Price Band: | ₹193-195 Per Share |
| Listing on: | BSE & NSE |
| Retail Portion: | 10% |
| Equity: | 19,778,298 Shares |
CSB Bank IPO Market Lot:
| Lot Size: | Minimum 75 Shares & Maximum 975 Shares |
| Minimum Amount: | ₹14625 |
| Maximum Amount: | ₹190125 |
CSB Bank IPO Allotment & Listing:
| Basis of Allotment: | 02 December 2019 |
| Refunds: | 03 December 2019 |
| Credit to Demat Account: | 03 December 2019 |
| Listing Date: | 04 December 2019 |
CSB Bank IPO Form:
How to apply the CSB Bank IPO? You can apply CSB Bank IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting CSB Bank IPO in the Invest section. The other option you can apply CSB Bank IPO via IPO forms download via NSE and BSE. Check out the CSB Bank forms – click NSE Forms & BSE Forms blank IPO forms download, fill and submit in your bank or with your broker.
CSB Bank Financial:
| ₹ in Crore | |||||
| Revenue | Expense | PAT | |||
| 2015 | – | – | – | ||
| 2016 | – | – | – | ||
| 2017 | 1618 | 1466 | -58 | ||
| 2018 | 1422 | 1348 | -127 | ||
| 2019 | 1483 | 1470 | -66 | ||
Company Promoters:
- FIH MAURITIUS INVESTMENTS LTD
Quick Links:
DRHP Draft Prospectus
RHP Draft Prospectus
Initial Public Offering of up to (*) equity shares of the face value of Rs. 10 each (equity shares) of CSB Bank Limited (the bank or the bank or the issuer) for cash at a price of up to Rs. (*) per equity share (including a share premium of Rs. (*) per equity share) (the offer price)aggregating up to Rs. (*) Crores (the offer) comprising a fresh issue of (*) equity shares by the bank aggregating up to Rs. 30 Crores (fresh issue) and an offer for sale of up to 19,778,298 equity shares aggregating to Rs. (*) Crores by the selling shareholders, (offer for sale). the offer will constitute (*) % of the post-offer paid-up equity share capital of the bank. The minimum bid lot will be decided by the bank in consultation with the book running lead managers and the price band will be decided by the bank.
CSB Bank IPO Registrar:
Link Intime India Private Limited
C-101, 1st Floor, 247 Park
L.B.S Marg, Vikhroli (West)
Mumbai 400 083
Telephone no.: +91 22 4918 6200
E-mail: [email protected]
Investor Grievance e-mail: [email protected]
Website: www.linkintime.co.in
Contact Person: Mr. Shanti Gopalkrishnan
SEBI Registration No.:INR000004058
Note: Check CSB Bank IPO allotment status on Linkintime website allotment URL. Click Here
CSB Bank IPO Lead Managers:
- Axis Capital Ltd
- IIFL Securities Ltd
Company Address:
CSB Bank Limited
‘CSB Bhavan’,
Post Box No. 502,
St. Mary’s College Road,
Thrissur 680 020, Kerala
Contact Person: Mr. Sijo Varghese
Company Secretary and Compliance Officer
Telephone no.: +91 487 2333 020, +91 487 2338 764
Facsimile: +91 487 2333 170
E-mail: [email protected]
Website: www.csb.co.in
CSB Bank IPO FAQs:
Note: The IPO price band and dates will be added as it will be officially announced. The IPO grey market premium (IPO GMP) will be added on the grey market page as it will start)
