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Open
24 Jul 2007
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Close
27 Jul 2007
3
Allotment
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Listing
Tue, Aug 21, 2007
Price Band
₹85 to ₹102
Issue Size
8,00,00,000 shares (agg. up to ₹816 Cr)
Lot Size
60 Shares
Listing Date
Tue, Aug 21, 2007
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 61.49x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Indian Bank | Mainboard | ₹782.15 Cr | ₹91 | null | ₹98.35 | +8.08% | ₹819.90 (-1.25%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Augment our capital base to meet the future capital requirements arising out of the implementation of the Basel II standards and the growth in our assets, primarily our loan and investment portfolio due to the growth of the Indian economy, and for other general corporate purposes | |
| 2 | To meet the future capital requirements out of implementation of Basel 2 standard and growth of assets, primarily loans and investment portfolio. |
About Central Bank of India IPO
Incorporated in 1911, Central Bank of India is the first Indian commercial bank which was wholly owned and managed by Indians. Central Bank of India branches are spread in 27 out of 28 States as also in 4 out of 7 Union Territories in India. Central Bank of India holds a very prominent place among the Public Sector Banks on account of its network of 3194 branches and 267 extension counters at various centers throughout the length and breadth of the country. Central Bank of India has over 25 million account holders. CBI plans to expand significantly the number of branches to 1,000 under central banking solution(CBS) so as to cover approximately 80% of the business by the close of financial year ending March 2008 (FY 2008). Also, the bank has set a target to increase its ATMs to 500 from 261 (end March 2007) by end of this fiscal.+ Read More
Contact Details
Central Bank of India AddressChander Mukhi, Nariman PointMumbai, Maharashtra, 400021+91-22- 66387828investors@centralbankofindia.co.inVisit Website