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Syndicate Bank IPO

Syndicate Bank was a mainboard IPO, offered at ₹46–₹50 per share to raise ₹500 crore. It listed on 1 Aug 2005 and closed its first day at ₹73, a listing gain of +45.6% versus the ₹50 issue price.

Frequently asked questions

What were the Syndicate Bank IPO listing gains?
Syndicate Bank listed on 1 Aug 2005, closing its first day at ₹73 — a listing gain of +45.6% versus the ₹50 issue price.
What was the price band and lot size of the Syndicate Bank IPO?
The price band was ₹46–₹50 per share.