Offer For Sale | ₹1,568.17 Cr. | Listing at BSE, NSE
Indian Overseas Bank 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 ₹34 per share and cut-off price of ₹[.] per share, with a face value of ₹10 per share, for an aggregate of 46.12 crore equity shares, representing an overall issue size of of and an oversubscription of 7.61 crore equity shares.
Of the total shares offered , 4.61 crore equity shares are reserved for retail investor , with the balance of 41.51 crore equity shares allocated to non-retail investors.
The non-retail portion opens on Dec 17, 2025, followed by the retail portion on Dec 18, 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
Thu, Dec 18, 2025
Non-Retail Date
Wed, Dec 17, 2025
Cut-off Price
[.]
Listing At
BSE, NSE
Indian Overseas Bank's revenue increased by 14% and profit after tax (PAT) rose by 27% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|
| Assets | 3,94,707.97 | 3,51,869.32 |
| Total Income | 33,750.31 | 29,730.97 |
| Profit After Tax | 3,395.50 | 2,665.66 |
| Reserves and Surplus | 12,976.76 | 8,659.04 |
| Total Borrowing | 42,227.66 | 30,387.17 |
| Amount in ₹ Crore | ||
Indian Overseas Bank (IOB) is a public sector commercial bank in India, established in 1937 and headquartered in Chennai. The bank provides a wide range of banking and financial services to individuals, businesses, and institutions through an extensive network of domestic branches and overseas operations.
IOB’s core business includes retail banking services such as savings and current accounts, fixed deposits, personal loans, housing loans, education loans, and digital banking solutions. In corporate and MSME banking, the bank offers working capital finance, term loans, trade finance, cash management services, and credit facilities tailored to small, medium, and large enterprises.
The bank also plays an important role in government-sponsored financial inclusion and development programs, including priority sector lending, agricultural finance, and support to self-help groups. Internationally, Indian Overseas Bank facilitates foreign exchange services, remittances, and trade-related banking to support overseas business and NRI customers.
With a focus on customer-centric services, regulatory compliance, and technology-driven banking, Indian Overseas Bank aims to promote inclusive economic growth while maintaining financial stability and trust.
Indian Overseas Bank
762/763, IOB,
Anna Salai,
Chennai, 600002
The Indian Overseas Bank OFS December 2025 opens on December 17, 2025, and closes on December 18, 2025.
The issue size of Indian Overseas Bank OFS December 2025 company is issuing a total of 46,12,25,993 out of which Base issue size is 38,51,31,796 shares and Oversubscription Option is 7,60,94,197 shares.
The Letter of Offer for Indian Overseas Bank OFS December 2025 can be download here. (Opening of Offer for Sale)
The process to apply for Indian Overseas Bank 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:
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.
