Bank of Mahrashtra OFS December 2025 OFS Detail

Offer For Sale | ₹2,492.06 Cr. | Listing at BSE, NSE

Bank of Maharashtra is an Offer for sale of equity shares by President of India through the stock exchange mechanism.

The OFS is conducted at a floor price of ₹54 per share and cut-off price of ₹[.] per share, with a face value of ₹10 per share, for an aggregate of 46.15 crore equity shares, representing an overall issue size of of and an oversubscription of 7.69 crore equity shares.

Of the total shares offered , 4.61 crore equity shares are reserved for retail investor , with the balance of 41.53 crore equity shares allocated to non-retail investors.

The non-retail portion opens on Dec 2, 2025, followed by the retail portion on Dec 3, 2025. The OFS is conducted through the NSE and the BSE.

The OFS follows a price priority allocation methodology. Retail investors are eligible for allocation at the cut-off price , while non-retail investors bid above the floor price , in accordance with exchange guidelines.

Investors are advised to refer to the OFS notice Opening of OFS and exchange circulars for detailed information, including bidding process, allocation methodology, and settlement timelines.

Retail Date

Wed, Dec 3, 2025

Non-Retail Date

Tue, Dec 2, 2025

Cut-off Price

[.]

Listing At

BSE, NSE

OFS Detail

  • Allocation MethodologyPrice Priority
  • OFS Listing AtBSE, NSE
  • Base Issue Size38,45,77,748 (6.00% of the total issued and paid-up Equity Share capital of the company)
  • Oversubscription Option7,69,15,549
  • Face Value10
  • Total Issue Size46,14,93,297
  • RS (Retail Shares)4,61,49,330
  • Cut-off Price
  • IS (Non Retail) Shares41,53,43,967
  • Floor Price54
  • Seller NamePresident of India

Bank Of Maharashtra Financial Information (Restated Consolidated)

Bank Of Maharashtra's revenue increased by 21% and profit after tax (PAT) rose by 36% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 2024
Assets3,69,142.153,07,137.86
Total Income28,401.6223,492.55
Profit After Tax5,519.794,055.03
Amount in ₹ Crore

About Bank of Maharashtra

Bank of Maharashtra is a public-sector bank in India, headquartered in Pune, Maharashtra. The bank was established on 16 September 1935 to assist small businesses, traders and self-employed persons. It was nationalised by the Government of India in 1969.

Business Segments & Services

BoM provides a wide array of banking and financial services to a diverse set of customers — individuals, small and medium enterprises (SMEs), corporates, farmers, and more. Key services include:

  • Retail banking — savings and current accounts, fixed deposits, personal loans, home loans, gold loans, vehicle loans, etc.
  • Corporate / Wholesale banking & Trade finance — working capital finance, term loans, trade finance, export-import financing, corporate loans, etc.
  • Agricultural and rural banking services — loans to farmers and rural customers, support to agricultural and rural development.
  • Other financial services — deposit accounts, demat and locker services, bancassurance (insurance), mutual funds & investment products, merchant banking, etc.

As of March 2025, BoM has a very large national footprint — about 2,640+ branches across India.

Company Contact Information

Bank of Maharashtra
Lokmangal, 1501,
Shivajinagar
Pune, 411005

Other Issue Detail

Additionally, 75,000 Equity Shares of the Bank may be offered to eligible employees of the Bank through the stock exchange mechanism, in accordance with the terms and conditions provided in the OFS Guidelines, subject to approval from the competent authority (the "Employee Offer"). The eligible employees may apply for Equity Shares amounting up to Rs 500,000.

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OFS FAQs

The Bank of Mahrashtra OFS December 2025 opens on December 2, 2025, and closes on December 3, 2025.

The issue size of Bank of Mahrashtra OFS December 2025 company is issuing a total of 46,14,93,297 out of which Base issue size is 38,45,77,748 shares and Oversubscription Option is 7,69,15,549 shares.

The Letter of Offer for Bank of Mahrashtra OFS December 2025 can be download here. (Opening of Offer for Sale)

The process to apply for Bank of Mahrashtra OFS December 2025:

1. Log in to your broker’s trading platform (web or mobile app).

2. Navigate to the OFS section (sometimes listed under IPO/OFS or corporate actions).

3. Select the OFS you want to apply for.

4. Enter the Number of shares you wish to buy.

5. The price you’re willing to pay per share (must be equal to or higher than the floor price or cut-off price).

Note:

Look for details about the OFS you want to participate in. This includes:

  • Name of the company offering shares.
  • Floor and Clearing Price (the minimum price set for bidding).
  • Offer period (dates and times when the OFS is open).

Allotment Timeline:

T Day (Transaction Day):

Investors place bids during the OFS bidding window, which typically operates during market hours (9:15 AM to 3:30 PM IST). T+1 Day (Next Working Day):

The company or the selling shareholder, along with the stock exchange, finalizes the allocation based on bids. Shares are credited to the Demat account of successful bidders. For unsuccessful bids or partial allotment, the unutilized funds are unblocked or refunded. T+2 Day (Rare Cases):

If the process involves additional reconciliation or if there’s a delay, shares may be credited by T+2 working days.

Note:

Retail and Non-Retail Investors:

The first day of the OFS is typically reserved for non-retail investors, while retail investors participate on the second day. If you bid as a retail investor, the shares are allotted after the second day.

🔗Bank of Mahrashtra OFS December 2025 Latest Update