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IPO

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 Further Multiples of : 75
(₹)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

INDIAN INDICES

Sensex

83,436.18 251.38 (0.30%)

Nifty

25,525.95 110.15 (0.43%)

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