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Indian Bank IPO

Indian Bank was a mainboard IPO, offered at ₹77–₹91 per share to raise ₹860 crore. It listed on 1 Mar 2007 and closed its first day at ₹98, a listing gain of +8.1% versus the ₹91 issue price. It now trades around ₹866 (+851.1% versus the issue price).

Frequently asked questions

What were the Indian Bank IPO listing gains?
Indian Bank listed on 1 Mar 2007, closing its first day at ₹98 — a listing gain of +8.1% versus the ₹91 issue price.
What was the price band and lot size of the Indian Bank IPO?
The price band was ₹77–₹91 per share.