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Open
6 Apr 2005
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Close
12 Apr 2005
3
Allotment
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Listing
Thu, Apr 28, 2005
Price Band
₹75 to ₹82
Issue Size
10,00,00,000 shares (agg. up to ₹820 Cr)
Listing Date
Thu, Apr 28, 2005
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 8.74x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2004 | 31 Mar 2004 | 31 Mar 2003 | 31 Mar 2002 |
|---|---|---|---|---|
| Assets | 42,194.62 | 34,660.36 | 27,837.31 | 24,498.86 |
| Total Income | 2,856.33 | 3,418.48 | 3,094.69 | 2,657.76 |
| Profit After Tax | 462.48 | 463.39 | 165.99 | 80.22 |
| NET Worth | 2,066.43 | 1,419.18 | 931.90 | 714.95 |
| Reserves and Surplus | 1,719.73 | 1,072.48 | 585.20 | 462.85 |
| Total Borrowing | 118.91 | 188.99 | 43.69 | 60.57 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Punjab National Bank | Mainboard | ₹3,120.00 Cr | ₹390 | 9.33 | ₹387.90 | -0.54% | ₹105.77 (+0.57%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Augment the capital base to meet the future capital adequacy requirements arising out the proposed implementation of the Basel II standards, the general growth of the business and for other general corporate purposes. | 790.00 |
| 2 | Estimated Issue expenses | 30.00 |
| Total | 820.00 |
About Allahabad Bank FPO
Established in 1865, Allahabad Bank is one of India's oldest and leading public sector commercial banks, headquartered in Kolkata. It is India's eighth largest bank in terms of assets, serving over 15 million customers across India through a network of 1,938 branches.The bank offers a full range of banking products and services across corporate and commercial banking, retail banking, agricultural lending and treasury operations. Its corporate and commercial banking products include term loans, bill discounting, export credit, letters of credit, guarantees and cash management services. Its retail product portfolio covers home loans, personal loans, automobile loans, education loans, debit cards, insurance distribution and mutual fund products. The bank has a strong focus on the agricultural sector, offering Kisan Credit Cards, Kisan Shakti Yojana and various investment and indirect financing products for farmers. It also provides priority sector lending including credit to small scale industries and micro credit to Self Help Groups.The bank delivers its services through 1,938 branches comprising 960 rural, 326 semi-urban, +386 urban and 266 metropolitan branches, along with 100 ATMs
Contact Details
Allahabad Bank Address2, Netaji Subhas RoadKolkata, West Bengal, 70000103322423373allahabad_fpo@allahabadbank.co.inVisit Website