What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

When is the CSB Bank Limited IPO allotment date?

The basis of allotment for CSB Bank Limited IPO is scheduled to be finalized on 2 Dec 2019.

Where can I check CSB Bank Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Link Intime India Private Limited) or on the BSE India website using your PAN card number or application number.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 3 Dec 2019.

CSB Bank Limited

ListedMainboard

Banking & 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

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

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

CSB Bank Limited Allotment Status

Designated Registrar: Link Intime India Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

2 Dec 2019

Basis finalization

Refunds Initiate

3 Dec 2019

Mandate release

Demat Credit

4 Dec 2019

Shares in demat

Listing Debut

4 Dec 2019

Trading begins

How to Check CSB Bank Limited IPO Allotment Status

Click the Check on Registrar button above to visit Link Intime India Private Limited's allotment portal.
Select CSB Bank Limited from the dropdown company list.
Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
Enter your details accurately and solve the Captcha code.
Click Submit / Search to view the number of shares applied and allotted to you.

About CSB Bank Limited Public Issue & Market Profile

CSB Bank Limited is bringing an initial public offering (IPO) in the Banking & Financial Services Sector sector with an aggregate issue size of ₹409.68 Crores. The shares are offered at a price band of ₹193 to ₹195 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.

Public Issue & Allotment Procedure:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 75 shares (approx. ₹14,625 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Official Allotment Timelines & Registrar Guidance:

Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2019-12-04, while un-allotted funds or UPI block mandates will be released on 2019-12-03.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.

How will I receive the refund if I don't get allotment?

Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.