CSB Bank Ltd Incorporated in 1920 and formerly known as Catholic Syrian Bank. CSB is one of the oldest private sector banks in India. The bank has a significant presence in Kerala, Karnataka, Tamil Nadu and Maharashtra. CSB Bank Ltd has four business areas, which are:
- SME Banking
- Wholesale Banking
- Retail Banking
- Treasury Operations
- Wholesale Banking:
Competitive Strengths
Strong network and well-known brand in South India.
Significant capital base.
Established SME business model.
Major portion of gold loans in portfolio.
Prudent risk management controls, policies, and procedures.
CSB Bank IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹193 to ₹195 per equity share |
| Market Lot | 75 Shares |
| Min Order Quantity | 75 Shares |
| Listing At | BSE, NSE |
| BSE Script Code | 542867 |
| NSE Symbol | CSBBANK |
| ISIN | INE679A01013 |
| Issue Size | Aggregating up to ₹409.68 Cr |
| Fresh Issue | Aggregating up to ₹24.00 Cr |
| Offer for Sale | Aggregating up to ₹385.68 Cr |
IPO Tentative Timetable
| PARTICULAR | DATE |
| IPO Open Date | 22-Nov-19 |
| IPO Close Date | 26-Nov-19 |
| Basis of Allotment Date | 2-Dec-19 |
| IPO Listing Date | 4-Dec-19 |
CSB Bank IPO Lot Size
| Application | Lots | Shares | Amount (Cut-off) |
| Minimum | 1 | 75 | ₹14,625 |
| Maximum | 13 | 975 | ₹190,125 |
IPO Allotment Status
Please Click Hare To Check IPO Allotment Status For CSB Bank
Company Financials:
| PARTICULAR | 30-Sep-19 | 31-Mar-19 | 31-Mar-18 | 31-Mar-17 |
| Total Assets | 1,73,232.58 | 1,64,534.60 | 1,53,346.62 | 1,57,700.26 |
| Total Revenue | 8,167.14 | 14,834.33 | 14,222.26 | 16,174.96 |
| Profit After Tax | 442.72 | -656.89 | -1,270.88 | -579.91 |
Company Promoters:
The Promoter of the Bank is FIH Mauritius Investments Ltd (“FIHM”).
Objects of the Issue:
The objects of the Offer are:
- Augment Bank’s Tier-I capital base to meet the Bank’s future capital requirements;
- Achieve the benefits of listing the Equity Shares on the Stock Exchanges and Offer for Sale.
Registrar & Company Details
| Company Contact Information | CSB Bank IPO Registrar |
| CSB Bank Limited ‘CSB Bhavan’, Post Box No 502, St. Mary’s College Road, Thrissur – 680 020 Phone: +91 487 2333 020 Email: investors@csb.co.in Website: http://www.csb.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: csb.ipo@linkintime.co.in Website: http://www.linkintime.co.in |
