Shares of CSB Bank made a strong debut by listing at Rs 275, a 41 per cent premium against its issue price of Rs 195 per share on the NSE on Wednesday. Fairfax-backed CSB Bank’s Rs 410-crore initial public offering (IPO) was subscribed a whopping 86.89 times last month. The category reserved for qualified institutional buyers (QIBs) was subscribed 62.18 times, non institutional investors (NIIs) 164.68 times and retail individual investors quota was subscribed 44.25 times, the exchange data shows.
L&L Partners advised the book running lead
AZB & Partners advised
2019-12-04
Deal value: INR 4,096 million
This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.
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