Wednesday, November 20, 2019

CSB Bank IPO Subscription Numbers & Status; IPO Subscribed 86.91x times

CSB Bank IPO to hit the market on 22 November 2019 and closes on 26 November 2019. As per the GMP, we can expect a good number in the subscription but still, we need to wait for the first 2 days how retail and QIB, HNI will subscribe. The IPO size is around 400 crore rupees with a market lot of 75 shares and a price band of 193-195. Check CSB Bank IPO GMP by day to day.

Update: CSB Bank IPO subscribed 86.91x times in which QIB 62.18x, HNI 164.68x times and Retail 44.46x times.

CSB Bank IPO Subscription Numbers
(Fully Subscribed)

Category Day 1 Day 2 Day 3
QIB 0.00x 0.26x 62.18x
HNI 0.10x 1.07x 164.68x
RII 5.60x 21.53x 44.46x
EMP N/A N/A N/A
Total 1.05x 4.35x 86.91x

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