Exchanges
BSE, NSE
Industry
Public Sector Bank
Issue
Book building

Indian Bank IPO

₹98.35

+8.08% on listing

Listing-day close · NSE · 1 Mar 2007 · issue price ₹91

Indian Bank’s ₹782 crore IPO was priced at ₹91 a share. It listed on the NSE on 1 Mar 2007 and closed its first day at ₹98.35, up 8.08% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Listing

Issue details

Issue size
₹782 Cr
Fresh issue
₹782 Cr
Offer for sale
—
Lot size
75 shares
Minimum investment
₹6,825
Face value
₹10
Registrar
Cameo Corporate Services

Subscription

Indian Bank IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—32.10×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹3,911 Cr
Promoter holding
100.00% → 80.00%

From the offer documents.

Listing

Listing date
1 Mar 2007
Issue price
₹91
Open
₹93.90
High
₹100.25
Low
₹75.00
Close
₹98.35

Listing day on the NSE. The close was +8.08% on the issue price.

INDIANB share price today

FAQs

When did the Indian Bank IPO open and close?

It opened on 5 Feb 2007 and closed on 9 Feb 2007.

What was the Indian Bank IPO price?

The price band was ₹77–91 a share. The final issue price was ₹91.

What is the lot size and minimum investment?

One lot is 75 shares, ₹6,825 at ₹91 a share. Retail investors apply in whole lots.

How much did Indian Bank raise?

₹782 crore: ₹782 crore of new shares.

How many times was the Indian Bank IPO subscribed?

32.10 times overall.

How did Indian Bank list?

It listed on the NSE on 1 Mar 2007 at ₹93.90 and closed the day at ₹98.35, up 8.08% on the ₹91 issue price.

Who is the registrar of the Indian Bank IPO?

Cameo Corporate Services handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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