Public issue of 50,000,000 equity shares of Rs. 10 each for cash at a price of Rs. 50 per equity share aggregating Rs. 250 crores by Syndicate Bank ("the Bank" or "Issuer") (the "Issue"). The Issue comprises a net issue to the public of at least 45,000,000 Equity Shares of Rs. 10 each (the "Net Issue") and a reservation for eligible Employees of up to 5,000,000 Equity Shares of Rs. 10 each, at the Issue Price. The Issue would constitute 9.58% of the fully diluted post issue paid-up capital of the Bank.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
07-Jul-2005
13-Jul-2005
₹ 50.00
₹ 0.00
Minimum Application for shares in Nos : 125.0
Further Multiples of : 125.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
0.00
Enam Financial Consultants Pvt Ltd
Project Financed through Current Offer
250.00
Post Issue Equity Share Capital
521.97
Issue Price
₹50.00
Projects
Implmnt. of Based II standards & Growth in Assets
Expeses of the Issue&Loan, Investment in Portfolio