CSB Bank Limited
Bookbuilding IPO · NSE, BSE
- Price band
- ₹193 - ₹195
- Lot size
- 75 shares
- Issue amount
- ₹409.68 cr
- Total subscription
- 0×
- Opens
- 22 Nov 2019
- Closes
- 26 Nov 2019
- Allotment
- 2 Dec 2019
- Listing
- 4 Dec 2019
Offer at a glance
Issue overview
- Issue size
- 2,10,21,821 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹14,475
- Fresh issue
- ₹24 cr
- Offer for sale
- ₹385.68 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,625
- Issue type
- Bookbuilding IPO
- Shares before issue
- 17,22,25,058
- Shares after issue
- 17,34,55,827
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 75 | ₹14,625 |
| sHNI | 14 | 1,050 | ₹2,04,750 |
| bHNI | 69 | 5,175 | ₹10,09,125 |
Share reservation
Subscription & GMP
Subscription by category
Subscription figures are awaiting publication.
GMP history
Financial performance
Company financials
in Lakhs · Reported periods may include interim results.
Company information
Company profile
CSB Bank Ltd, established in 1920 and earlier known as Catholic Syrian Bank, is one of India’s oldest private sector banks, headquartered in Kerala with a strong presence in Kerala, Karnataka, Tamil Nadu, and Maharashtra. The bank operates across SME banking, wholesale banking, retail banking, and treasury operations, offering services such as working capital and term loans, trade finance, retail deposits, gold loans, personal and home loans, and liquidity and investment management. It also distributes life and general insurance products through partnerships with leading insurers and serves around 1.3 million customers mainly in the retail, SME, and NRI segments through an extensive network of branches, ATMs, and digital channels across multiple states and union territories. Following the acquisition of a majority stake by Fairfax India Holdings Corporation in 2018, the bank is focused on strengthening technology, expanding services, and transforming into a modern full-service private sector bank.
Strengths
- Established Banking Franchise: Has a long operating history with strong customer relationships and brand presence in key regions.
- Diversified Banking Services: Offers retail, SME, gold loans, and corporate banking products, reducing dependence on a single business segment.
- Strong Growth Potential: Expanding branch network and increasing focus on digital banking support future business growth.
Risk factors
- Dependence on Asset Quality: Profitability can be impacted by higher NPAs and loan repayment issues.
- Interest Rate Sensitivity: Changes in interest rates can affect lending margins and overall earnings.
- Highly Competitive Banking Sector: Faces competition from private banks, public sector banks, and fintech companies.
Promoters
FIH Mauritius Investments Ltd (FIHM)
Registrar & documents
Lead manager
Axis Capital Limited, IIFL Capital Services Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
'CSB Bhavan', Post Box No 502, St. Mary's College Road, Thrissur - 680 020
+91 487 2333 020
[email protected]Company website ↗Understanding CSBBANK IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.