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CSBBANKEQ / NSE, BSEListed

CSB Bank Limited

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.

₹193 - ₹195Open
Listed Price275.00
Listing Gain+41.03%
TimelineBookbuilding IPO
Open22 Nov 2019
Close26 Nov 2019
Allotment02 Dec 2019
Listing04 Dec 2019

Quota Reservation Portions

QIBPortion: 1,57,56,801 shares
75%
HNIPortion: 31,51,360 shares
15%
RetailPortion: 21,00,906 shares
10%

Minimum Application Bracket Matrix

Retail1 lots / 75 shares
₹14,625
sHNI14 lots / 1,050 shares
₹2,04,750
bHNI69 lots / 5,175 shares
₹10,09,125

About the Company

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.

Company Promoters

FIH Mauritius Investments Ltd (FIHM)