IPO Synopsis
| Indian Bank |
|---|
| Registered Office: 66 Rajaji Salai,P B No 1384,Chennai-600001, Tamil Nadu |
| Tel. No: 91-44-25233231/25231253/25231254 |
| Fax No: 91-44-25231278 |
| Email: investors@indianbank.co.in |
| Website: www.indianbank.in |
| Public issue of 8,59,50,000 equity shares of Rs. 10 each ("equity shares") of Indian Bank (the "bank" or the "issuer") for cash at a price of Rs.91/- per equity share (including a share premium of Rs.81/- per equity share) aggregating Rs.782.15 Crores (the "issue"). The issue includes a reservation of 85,95,000 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 25% of the pre issue and 20 % of the post issue fully diluted paid-up equity capital of the bank. Issue Price is Rs.91/- per equity share of face value Rs.10/- each The issue price is 9.1 times the face value |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | |
| 05-Feb-2007 | 09-Feb-2007 | ₹91.00 - 0.00 | |
| Minimum Application for shares in Nos : 75.0 | Further Multiples of :75.0 |
|---|
| (₹ Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 0.00 | Enam Financial Consultants Pvt Ltd |
| Project Financed through Current Offer | 782.15 | ICICI Securities Ltd |
| Post Issue Equity Share Capital | 429.77 | Kotak Mahindra Capital Company Ltd |
| Issue Price | 91.00 | SBI Capital Markets Ltd |
| Projects |
|---|
| Augment our Cap. base to meet Fut. Cap.Requirement |
| General Corporate Purpose |
| Promoted By |
|---|
| President of India |
| Listing At |
|---|
| BSE |
| NSE |
| Registrar To The Issue |
|---|
