
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
Close
26 Nov 2019
Allotment
2 Dec 2019
Refund
3 Dec 2019
Demat Credit
4 Dec 2019
Listing
4 Dec 2019
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹195
Band: ₹193 – ₹195
Estimated Listing Price
₹195
Upper price + GMP
Lot Size
75 shares
Min investment ₹14,625
Estimated Profit / Lot
₹0
75 × ₹0
Grey Market Premium trend
—
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | — | 0.0% | ₹195 |
| 30 Oct 2026 | — | 0.0% | ₹195 |
| 29 Oct 2026 | — | 0.0% | ₹195 |
GMP is unofficial market data. Not a guarantee of listing performance.
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.
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.
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.
The latest grey market premium for CSB Bank Limited IPO is ₹0, which indicates an expected listing price of ₹195.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.