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CSB Bank user comments & discussion


User Reviews

3. IPO Potter Nov 13 2019 08:11:52 PM Reply
CSB BANK LIMITED - Latest Update

Opens: Wednesday 20th Nov 2019
Closes: Friday 2nd Nov 2019
Price Band :- ₹ 190 to ₹ 200
Discount (Retail & Employees) :- ₹ 10 on offer price
Shares offered:- 19,778,298
Issue Size * :- Approx ₹ 400 Crore
3.1. IPO Potter Nov 14 2019 01:08:37 PM
Opens : 22nd Nov 2019
Closes : 26th Nov 2019
Price Band and Bid Lot - Going to declare 2 working days prior to issue opening date
3.2. Sachin Dad Nov 14 2019 07:27:16 PM
Offer details - QIB=75% of the offer, NIB=15% of the offer and Retail=10% of the offer
3.3. IPO Potter Nov 16 2019 11:39:54 AM
CSB IPO - Schedule details from Pg #622 of RHP

19th Nov - Announcement of Price Band
21st Nov - Anchor Investors Allotment
22nd Nov - Offer Opens
26th Nov - Offer Closes
02nd Dec - Finalisation of Basis of Allotment
03rd Dec - Unblocking of ASBA Accounts
03rd Dec - Credit of Equity Shares to Depository Accounts
04th Dec - Commencement of Trading
3.4. IPO Potter Nov 19 2019 09:14:58 AM
Final Update on Issue Price -
Price Band : ₹193 - ₹195
Lot Size: 75 shares
Min Lot for Retail Investor: 1 Lot
Max Lot for Retail Investor: 13 Lot
2. B D Jain Nov 18 2019 09:17:03 AM Reply
How much listing gain one can get in CSB Bank IPO?
1. IPO Updates Nov 12 2019 10:11:24 AM Reply
CSB Bank IPO Tentative details:
IPO Open dates between : 20 to 22 Nov 2019
IPO size Approx: Rs 400 cr
Retail Discount: 10% (because loss making company)
Price Band: Rs 190 to Rs 200
GMP: Rs 50
4.1. Kunal Bansal Nov 12 2019 01:25:47 PM
The financial of the company is not strong, CSB Bank was facing an issue to maintain minimum Capital Adequacy Ratio(CAR). After FIHM taken of 51% stake in the bank, CAR has improved 16.77% well above the guidelines of 10.875%. FY18-19 losses was ₹65.69 Cr and after adjustment of Profit/Loss brought f/w - its ₹448.27 Cr.
Please confirm is it good to invest in such a company. FIHM got the share of company in ₹140.
4.2. vikalp singh Nov 12 2019 02:41:32 PM
CSB Bank IPO - Apply or avoid. Pls suggest