CSB Bank IPO subscribed 87 times on final day of bidding
Updated : November 27, 2019 06:47 AM IST
The initial public offering (IPO) of the Thrissur-based company received bids for over 100 crore shares against the total issue size of 1.15 crore shares.
The category reserved for qualified institutional buyers (QIBs) was subscribed 62.18 times, non-institutional investors 164.68 times.
The IPO comprises a fresh issue of Rs 24 crore and an offer-for-sale of 1,97,78,298 equity shares, including an anchor portion of 94,54,080 equity shares.