CSB Bank Limited
ListedMainboardBanking & Financial Services Sector · NSE / BSE
CSB Bank Ltd, established in 1920 and earlier known as Catholic Syrian Bank, is one of India’s oldest private sector banks, headquartered in Kerala with a strong presence in Kerala, Karnataka, Tamil Nadu, and Maharashtra. The bank operates across SME banking, wholesale banking, retail banking, and treasury operations, offering services such as working capital and term loans, trade finance, retail deposits, gold loans, personal and home loans, and liquidity and investment management. It also distributes life and general insurance products through partnerships with leading insurers and serves around 1.3 million customers mainly in the retail, SME, and NRI segments through an extensive network of branches, ATMs, and digital channels across multiple states and union territories. Following the acquisition of a majority stake by Fairfax India Holdings Corporation in 2018, the bank is focused on strengthening technology, expanding services, and transforming into a modern full-service private sector bank.
Price Band
₹193 – ₹195
Issue Size
₹410 Cr
Lot Size
75 shares
GMP
—
Est. Listing
₹195
at current GMP
Subscribed
—
Open
22 Nov 2019
Close
26 Nov 2019
Allotment
2 Dec 2019
Refund
3 Dec 2019
Demat Credit
4 Dec 2019
Listing
4 Dec 2019
Last updated 12 days ago
Key Highlights
- •Leading player in the Banking & Financial Services Sector segment
- •Price band established at ₹193 - ₹195 per equity share
- •Minimum bid lot is 75 shares
- •Estimated listing target of ₹195 based on current grey market activity