IPO Trending
CSBBANKEQ / NSE, BSEListed
CSB Bank

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 Price₹275.00
Listing Gain+41.03%

IPO Schedule & Timeline

Bookbuilding IPO
Open22 Nov 2019
Close26 Nov 2019
Allotment02 Dec 2019
Listing04 Dec 2019

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB1,57,56,801 shares
75%
HNI31,51,360 shares
15%
Retail21,00,906 shares
10%

Minimum Application Lots

Retail1 Lot (75 shares)
₹14,625
sHNI14 Lots (1,050 shares)
₹2,04,750
bHNI69 Lots (5,175 shares)
₹10,09,125

Company Promoters

FIH Mauritius Investments Ltd (FIHM)

Company Background

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 capita...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Sep-19)₹8167.14 Cr
Growth-49.5%
Revenue Trend (₹ in Crores)
0.06.2k12.4k18.6kMar-17Mar-18Mar-19Sep-19
PeriodRev (Cr)PAT (Cr)AssetsDebt
Sep-198,167.14442.721,73,232.580
Mar-1914,834.33656.891,64,534.600
Mar-1814,222.261,270.881,53,346.620
Mar-1716,174.96579.911,57,700.260

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Link Intime India Private Limited

Allotment Finalized
Allotment Date
02 Dec 2019
Official Status
Out / Finalized
Registrar
Link Intime India Private Limited
Listing Date
04 Dec 2019

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Limited

Direct allotment verification on the official registrar portal appointed for CSB Bank. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization02 Dec 2019Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date04 Dec 2019Trading commences on exchange

How to Check CSB Bank Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select CSB Bank from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About CSB Bank IPO

Complete issue overview for CSB Bank (CSBBANK) IPO. The issue features an equity share price band of ₹193 – ₹195 per share with a minimum retail lot size of 75 Shares (minimum application amount of ₹14,625). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions