Skip to main content

IPO Details

Andhra Bank(Merged)
Registered Office: Dr Pattabhi Bhavan 5-9-11, Saifabad, Hyderabad - 500004, Telangana
Phone: 91-40-2325 2371
Email: mbd@andhrabank.co.in
Website: www.andhrabank.in
Public issue of up to 85,000,000 equity shares of Rs. 10 each for cash at a price of Rs. 90 per equity share Aggregating Rs. 765 crores by Andhra Bank (the "Bank" or "Issuer") (the "Issue"). The Issue comprises a net issue to the Public of up to 76,500,000 Equity Shares of Rs. 10 each (the "net issue") and a reservation for eligible employees of up to 8,500,000 Equity Shares of Rs. 10 each, at the Issue Price. The Issue would constitute 17.53% of the total post issue paid-up Equity Capital of the Bank.
Issue Money Payable On
Opens On Closes On Application Allotment
16-Jan-2006 20-Jan-2006 ₹ 90.00 ₹ 0.00
Minimum Application for shares in Nos : 75.0 Further Multiples of : 75.0
(₹)Cr. Lead Managers to the Issue
Project Cost 0.00 Citigroup Global Markets India Pvt Ltd
Project Financed through Current Offer 765.00
Post Issue Equity Share Capital 485.00
Issue Price ₹90.00
Projects
To Strenghten the Capital Base for Future CAP Need
Promoted By
President Of India
Listing At
BSE
NSE
Hyderabad
Registrar to the Issue
MCS Ltd
Attention Investor :
Prevent Unauthorised Transactions in your Trading / Demat account --> Update your Mobile Number with your Depository Participant