CSB Bank Limited IPO
CSB Bank Limited was a mainboard IPO in the Private Sector Bank sector, offered at ₹193–₹195 per share to raise ₹410 crore. The issue was subscribed 86.93× overall (QIBs 62.18×, NIIs 164.68×, retail 44.53×). It listed on 4 Dec 2019 at ₹275 and closed its first day at ₹300, a listing gain of +53.9% versus the ₹195 issue price. It now trades around ₹296 (+51.7% versus the issue price).
Frequently asked questions
- How many times was the CSB Bank Limited IPO subscribed?
- The CSB Bank Limited IPO was subscribed 86.93× overall — 62.18× in the QIB category, 164.68× among non-institutional investors, 44.53× in retail.
- What were the CSB Bank Limited IPO listing gains?
- CSB Bank Limited listed on 4 Dec 2019 at ₹275, closing its first day at ₹300 — a listing gain of +53.9% versus the ₹195 issue price.
- What were the retail allotment odds for the CSB Bank Limited IPO?
- Retail was subscribed 44.53×, so a single-lot application had roughly a 2.2% chance of allotment (about 1 in 45), and allotment was finalised on 28 Nov 2019.
- What was the price band and lot size of the CSB Bank Limited IPO?
- The price band was ₹193–₹195 per share, with a minimum lot of 75 shares (₹14,625 at the upper band).
- Who were the registrar and lead manager for the CSB Bank Limited IPO?
- Link Intime India Private Limited was the registrar, and Axis Capital was the book-running lead manager.