Central Bank of India IPO (Central Bank of India IPO) Detail

Jul 24, 2007 - Jul 27, 2007

Incorporated in 1911, Central Bank of India is the first Indian commercial bank which was wholly owned and managed by Indians. Central Bank of India branches are spread in 27 out of 28 States as also in 4 out of 7 Union Territories in India. Central Bank of India holds a very prominent place among the Public Sector Banks on account of its network of 3194 branches and 267 extension counters at various centers throughout the length and breadth of the country. Central Bank of India has over 25 million account holders.

CBI plans to expand significantly the number of branches to 1,000 under central banking solution(CBS) so as to cover approximately 80% of the business by the close of financial year ending March 2008 (FY 2008). Also, the bank has set a target to increase its ATMs to 500 from 261 (end March 2007) by end of this fiscal.

Objects of the Issue:

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital
1. To augment capital base;
2. To meet the future capital requirements out of implementation of Basel 2 standard and growth of assets, primarily loans and investment portfolio.

Central Bank of India IPO Details

IPO Opening Date Jul 24, 2007
IPO Closing Date Jul 27, 2007
Issue Type Book Built Issue IPO
Face Value ₹10 per equity share
IPO Price ₹85 to ₹102 per equity share
Market Lot 60 Shares
Min Order Quantity 60 Shares
Listing At BSE, NSE
Issue Size80,000,000 Eq Shares of ₹10
(aggregating up to ₹816.00 Cr)

Central Bank of India IPO Lot Size

The Central Bank of India IPO market lot size is 60 shares. A retail-individual investor can apply for up to 32 lots (1920 shares or ₹195,840).

Application Lots Shares Amount (Cut-off)
Minimum 1 60 ₹6,120
Maximum 32 1920 ₹195,840

Central Bank of India IPO Subscription Status (Bidding Detail)

The Central Bank of India IPO is subscribed 62.00x times on Jul 27, 2007 17:00. The public issue subscribed 16.20x in the retail category, 89.12x in the QIB category, and 69.58x in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription


Central Bank of India IPO Prospectus

Central Bank of India IPO Rating

Rating:Rated 4.1 stars
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Central Bank of India IPO Listing Date

Listing Date Tuesday, August 21, 2007
BSE Script Code 532885
Listing In A Group of Securities
ISIN INE483A01010
IPO Price ₹102 per equity share
Face Value ₹10 per equity share

Listing Day Trading Information

IPO Price
Last Trade

Company Contact Information

Central Bank of India
Central Bank of India,
Chander Mukhi, Nariman Point,
Mumbai400 021, India.
Phone: +91-22- 66387828

Central Bank of India IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270

Central Bank of India IPO Reviews / Ratings

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Central Bank of India IPO FAQs

Central Bank of India IPO is a main-board IPO of 80,000,000 equity shares of the face value of ₹10 aggregating up to ₹816.00 Crores. The issue is priced at ₹85 to ₹102 per equity share. The minimum order quantity is 60 Shares.

The IPO opens on Jul 24, 2007, and closes on Jul 27, 2007.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The Central Bank of India IPO opens on Jul 24, 2007 and closes on Jul 27, 2007.

Central Bank of India IPO lot size is 60 Shares and the minimum order quantity is 60 Shares.

You can apply in Central Bank of India IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Central Bank of India IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Central Bank of India IPO allotment status.

The Central Bank of India IPO listing date is on Tuesday, August 21, 2007.

Central Bank of India IPO Message Board

Ranked Members  Ranked Members

1122. Eshan & Niranjan Singh Dalal |Jan 23, 2008 08:47
Dear Sir,
With Ref. to CAN No.s 131690,132081 & Respective App. No.s64833390, 24654286 of CBI IPO, We received refund cheques dated 10-08-07 after their expiry date of 09-11-07 that too after a lot of communication. The same were sent to Intime,Mumbai via SpeedPosts with Docket No.s SPEH025908255IN & SPEH025908264IN on 03-12-07 for Revalidation but till date we have not received our revalidated cheques or any communication from any side . So u r requested to take a serious note of all the facts & inform me about the proceedings at the earliest.
Eshan & Niranjan Singh Dalal

1121. coolfella |Dec 26, 2007 23:29
Dear Friends,
I am one among those who have not received the refund for the CBI IPO. After numerous emails to intime, the status is still the same. But they informed last month that IDBI capital is doing reconcilliation and will issue a duplicate refund order to those who have not received it, as the original refund order would have expired. But after that there is no email. I had registered a complaint online with sebi. I would suggest that fellow sufferers of CBI IPO can lodge a complaint to SEBI against our tormentor intime. You can use the following link to lodge your grievance with SEBI (
Good luck
1120. aniket |Dec 17, 2007 16:58
i have still not received the refund of central bank ipo..
m unable to understand what to do..
can anyone plz help me..
1119. rajan |Dec 15, 2007 14:29
mr.vishwas piease give me u r contact no.
1118. Amarsing |Dec 13, 2007 16:19
INTIME spectrum is not giving my refund back for CBI IPO for last 4 monthes , I am unable to contact them due to very poor service from their side , they are not even replying to my mails , can anybody suggest me what should I do to get my refund ?
1117. Ram Charitra Prasad |Dec 3, 2007 17:14
I have applied Central Bank (NEWIPO)Shares during IPO, I have not received the refund till date . please look in to the matter. kindly do the needful on urgent basis.
i hae sent natrise bond for your requirment on 13.11.2007
Demate A/C NO. IN 303028-51273756-8500844124
Application no. 64839411
Bank A/C NO. 032601500429
Address. Ram Charitra Prasad C/O R.K Shukla
117/M/273 Kakadeo Kanpur(UP)
po. Rawatpur Gawn 208019

1116. Shankar |Nov 24, 2007 23:53
For all those who have not received their refund, you will need to send a notarised letter called indemnity letter. If you want a copy I have attached it as below> Please send it by registered mail/ courier to intime spectrum.

Indemnity to be forwarded on a INR 200/- Stamp Paper

CENTRAL BANK OF INDIA                                    From:                                                
Mumbai.                                     (ADDRESS)

I/ We .................................................................................., the undersigned is the owner of that certain ........
(type of instrument) bearing number...............dated..........................., issued by Central Bank of India.,
drawn on ....................................................and payable to the order of ..............................................
in the amount of Rs....................(Rupees..............................................................only). The said......................
....................(Instrument) has been irretrievably lost, stolen, misplaced or destroyed. I/We confirm and
declare that I/We have not in any manner whatsoever dealt with the ......................(Instrument) and to
the best of my/our knowledge and belief the same has not endorsed or delivered.

At my/our request and on my/our agreeing to indemnify you in the following manner, you have agreed to
Issue/issued a duplicate ..................................(Instrument) in lieu of the abovementioned lost........................

Now in consideration of your issuing / having agreed to issue a duplicate ...........................(Instrument) as
Aforesaid, I/We, the undersigned hereby agree to indemnify and save you harmless at any / all times from
All damages, losses. costs, expenses and all other sums of money, which you may be required to pay, suffer
Or incur and also against all demands, actions, proceedings that may be made, filed, taken or instituted
Against you by reason of the presentation , production or payment of said original instrument at any time and/ or issuing the duplicate instrument as aforesaid by you. In this connection I/We recognize that if said
Original instrument be endorsed and in the hands of a holder for value, you may be compelled to pay the

I/We also agree and confirm to deliver said original instrument to you for cancellation and destruction if the
Same shall be found or traced at any time.






1115. Helping guy |Nov 19, 2007 05:29
Dear All,

For those who applied for CBI IPO and have not got their money. Please read on. I am also one among you who got my money last week after enough struggle. Neither the Viswas/Vaishali from Intime or the IDBI folks are helpful. Only the Central Bank folks are really helpful. All please call 022 6638 7600 and talk to Sontak/Athavale/Vinod. They can get you your money. Mail then to
1114. RAMPYARE DEVI |Nov 14, 2007 15:26
I have applied Central Bank 840 SHARES(NEWIPO)Shares during IPO, IHAVE ALLOTED 60 SHARES I have not received the refund ALLOTED till date . please look in to the matter. kindly do the needful on urgent basis.
Demate A/C NO. IN 301160 CLIENT ID 30163790
Application no. 15837503

1113. vishwas |Nov 2, 2007 13:31
1112. kesavamoorthy |Oct 22, 2007 16:04
i need new listing ipos in bse and nse.
1111. Ram Charitra.Prasad |Oct 14, 2007 19:08
I have applied Central Bank (NEWIPO)Shares during IPO, I have not received the refund till date . please look in to the matter. kindly do the needful on urgent basis.
i hae sent natrise bond for your requirment on 09/10/07
Demate A/C NO. IN 303028-51273756-8500844124
Application no. 64839411
Bank A/C NO. 032601500429
Address. Ram Charitra Prasad C/O R.K Shukla
117/M/273 Kakadeo Kanpur(UP)
po. Rawatpur Gawn 208019

1110. srinivas |Oct 13, 2007 17:09
My IPO Application Number 53746293 applied for 120 IPO`S
not alloted and not received my money till now iam unable to understand where the problem lies, and whom to approach for the IPO refund, i request you to kindly look into this urgently and do the needfull, we are very small investors you cannot hold our money for so long time.
1109. Wellwisher |Oct 5, 2007 18:45
Dear all,
I can see that some of you are getting desperate since you have not received refund. But please understand, this is not really the forum to expect someone to take up the issue on your behalf. You can write to the registrar in a registered letter or by email ( the addresses are available on the application form itself ). Please avoid mentioning "personal informations" like Bank A/c no., Demat No., name, Address etc. Your identity can be misused very easily with just any one or two of the above information.
1108. srinivas guduru |Oct 5, 2007 11:17
we should complain but, who is taking action... NONE!!!

i have sent many mails to SEBI, central bank but of no use,

i have even sent mail to ibn live and send them report, these guys are also waste, no results.

only thing left is to file a case in consumer court.
1107. Srikand |Oct 4, 2007 21:30
Dear Friends, Is there a way to give complaint against intime spectrum for their delay in repaying the ipo refund amount. I see lot of us are affected. Can some one give information about this.
1106. Rohan |Oct 3, 2007 00:14
finally after a long fight i got my cheque.Next time its sure that i wnt apply for an ipo for which the registar is patient everyone and keep callling and mailing them you will get your money eventually.
1105. rita |Oct 2, 2007 21:36

>>> Application No: 51700521
>>> Applicant Name – Rita Goel
>>> Applicant Bank – UTI Bank, Burra Bazar Branch .277010100014191
>>> DPID - IN 302978-10052724
>>> CHECK NO -050883 DT 27/7/2007
>>> BANK MICR NO 000211000
>>> Address: Rita Goel
>>> c/o Hanuman Prasad Gupta
>>> 3, Sir Hariram Goenka Street , Room No 8
>>> Kolkata - 700007
>>> Thanks and Regards
>>> Rita Goel
1104. srinivas |Oct 2, 2007 09:53
Applicatation No:-53746293

Dear Madam,
as i said above i have not received my amount please kindly return my amount back,otherwise i will approach consumer forum this is not fair your part holding the amount of the investor for so long time at least the bank do not have the courtesy to inform the people that when they will be getting the their application amount back, the bank donot have the right to hold the amount, when the share not alloted you should return back.
1103. Sabina Nagpal |Oct 1, 2007 22:00
Non Reciept of the refund money – Application No – 64826996

Dear Sir/Madam,

I have applied for 120 Shares in the IPO of Central Bank
of India. Neither have I been allotted any Share nor have i got any Refund of Rs.12,240/- refund.

The details of my applications are:

application no.64826996
DPID IN 302902

Applicant Name – Sabina Nagpal

Hence, i request you to kindly look into matter urgently
and arrange to send me the refund amount with interest at
the earliest.

The worst part is that the intime people do not even reply to the emails sent to them. Strict action should be taken by the SEBI against the registrar.

I had called at their Delhi office, the reply which they gave was that only the Bombay office can give information about IPO. The bottomline is that they are not willing to help the investors.