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.
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.
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 Size | 80,000,000 Eq Shares of ₹10 (aggregating up to ₹816.00 Cr) |
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 |
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)
Category | IPO Subscription |
---|---|
Total | 62.00x |
Listing Date | Tuesday, August 21, 2007 |
BSE Script Code | 532885 |
NSE Symbol | CENTRALBK |
Listing In | A |
ISIN | INE483A01010 |
IPO Price | ₹102 per equity share |
Face Value | ₹10 per equity share |
|
|
|
Central Bank of India
Central Bank of India,
Chander Mukhi, Nariman Point,
Mumbai–400 021, India.
Phone: +91-22- 66387828
Email: investors@centralbankofindia.co.in
Website: http://www.centralbankofindia.co.in
Link Intime India Private Ltd
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai - 400083
Phone: +91-22-4918 6270
Email: cbiipo@intimespectrum.com
Website: http://www.linkintime.co.in
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.
Useful Articles
Best of
Top Stock Brokers in India Top 10 Discount Brokers Top 10 Full-Service Brokers Lifetime Free Demat Account Best Broker for Beginners More Reports...Reviews (Discount Broker)
Zerodha (₹20/trade) Edelweiss (₹10/trade) Upstox (₹20/trade) 5paisa (₹20/trade) ProStocks (₹899 Unlimited) More Brokers...Reviews (Full-service)
ICICI Direct Motilal Oswal HDFC Sec Sharekhan IIFL Securities More Brokers...Compare Brokers
Broker Articles / Tutorials Compare Share Brokers Side-by-Side Comparison Broker Complaints Monitor Broker Glossary Special OffersTrading Platform Reviews
Zerodha Kite Review Sharekhan TradeTiger Omnesys NEST Review ODIN Review NSE NOW Review More Reviews...Options Basics
Options Trading HomepageBroker Reviews
Zerodha Review 5paisa Review ProStocks Review Sharekhan Review Angel Broking Review ICICI DirectOptions Trading Platform
Kite Zerodha Trade Tiger Sharekhan Omnisys NEST Upstox RKSV Fyers One Fyers ScalperT FinvasiaBest of
NRI HomepageNRI Trading Guide
Trading Account Basics Trading Requirements Demat Account Explained USA NRI Trading Account Trading in Derivatives More Articles...History of Chittorgarh
History of Chittorgarh Maharana Pratap Meera Bai Panna Dhai Rani Padmini Jainism & Chittor (Hindi)Chittorgarh City Info
Chittorgarh City Map Hotels / Resorts Sainik School Chittorgarh Cement Industry Hindustan Zinc
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