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South Indian Bank FPO IPO

Mainline10 Feb 200615 Feb 2006
Open
10 Feb 2006
Close
15 Feb 2006
3
Allotment
Listing
Tue, Mar 7, 2006
Price Band
₹60 to ₹66
Issue Size
2,27,27,272 shares (agg. up to ₹150 Cr)
Listing Date
Tue, Mar 7, 2006
✦ AI Insight

Live Subscription

CategorySubscription (times)
Total7.28x

Restated Financials (₹ Cr.)

Period Ended30 Sep 200531 Mar 200531 Mar 200431 Mar 2003
Assets9,232.179,457.049,237.567,611.81
Total Income394.67811.38915.43837.73
Profit After Tax13.948.7084.3372.33
NET Worth450.69437.37375.43300.17
Reserves and Surplus401.06387.10335.78259.24
Total Borrowing62.903.7379.4594.89
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
ICICI Bank Ltd.Mainboard₹5,750.00 Cr₹525null₹584.80+11.39%₹1,418.20 (+0.17%)
Yes Bank Ltd.Mainboard₹315.00 Cr₹45null₹60.80+35.11%₹23.75 (+0.68%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1Augment our capital base to meet our future capital adequacy requirements arising 1,430.0 out of growth in our businesses and for other general corporate purposes143.00
2Estimated Issue expenses7.00
Total150.00

About South Indian Bank FPO

The company is a leading scheduled commercial bank in India, headquartered in Thrissur, Kerala, with a strong emphasis on technology adoption and customer-centric service. Established in 1929, the bank has a long-standing legacy of promoting financial inclusion by mobilizing savings and providing accessible credit to individuals and businesses. Key Highlights: Extensive Network: 432 branches across 17 states and 2 Union Territories (as of September 30, 2005), with a strong presence in South India. Balanced Reach: Wide distribution across rural (92), semi-urban (195), urban (81), and metropolitan (64) areas. Technology-Driven: Core banking system implemented on Finacle platform, with ~87% of business networked. Multi-Channel Delivery: Services offered via branches, ATMs, internet banking, and mobile banking. Diverse Product Portfolio: Retail Banking: Housing, gold, auto, education, and personal loans; savings and deposit products. Commercial Banking: Term loans, working capital finance, export credit, bill discounting, LCs, and guarantees. Third-Party Distribution: Life and non-life insurance products. + Read More

Contact Details

The South Indian Bank Ltd. AddressSIB HOUSE‚ P.B.No.28T.B.RoadThrissur, Kerala, 6800010487 2420020sib@vsnl.comVisit Website