INSUBCONTINENT EXCLUSIVE:
The share sale would close on November 26 and shares will be allotted on December 2, 2019Thrissur-based CSB Bank's initial public offering
was fully subscribed on the first day of bidding on Friday and continues to receive a robust response from retail investors
The initial public offering (IPO) received bids for 1.98 crore shares against the total issue size of 1.15 crore shares, reflecting 1.71
times subscription, according to data available with the National Stock Exchange at 11.30am.The CSB Bank IPO size is about Rs
410 crore, including fresh sale of Rs
24 crore and balance being OFS by existing investors
The company, which aims to raise up to Rs 410 crore, has fixed a price of Rs 193-195 per share for the IPO
The share sale would close on November 26
The shares will be allotted on December 2, 2019 and listed on both National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) on December
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