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.

What is the current subscription status of CSB Bank Limited IPO?

CSB Bank Limited IPO has received a total subscription of 0.00 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

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 Subscription Status Allotment Status Filing Documents

Overall Subscription

0.00x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

0.00x

High Net-Worth

Retail (RII)

0.00x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 0.00x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
Qualified Institutional (QIB)	10,504,615	—	0.00x
Non-Institutional (NII / HNI)	3,151,385	—	0.00x
Retail Individual (RII)	7,353,231	—	0.00x
Total	21,009,231	0	0.00x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 1.00x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	98,043	98,043	1.00x
HNIs (10L +)	627	627	1.00x
HNIs (2-10L)	3,001	3,001	1.00x
Total Applications	101,671	101,671	1.00x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

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.

Bidding & Quota Instructions:

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 Schedule:

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 is CSB Bank Limited IPO GMP today?

Currently, CSB Bank Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹193 to ₹195 per equity share.

What is the expected profit per lot for CSB Bank Limited IPO?

The retail lot size is 75 shares requiring a minimum application amount of ₹14,625. Expected listing price is ₹195 per equity share.

What is the issue size and price band for CSB Bank Limited IPO?

The CSB Bank Limited IPO aggregate issue size is ₹409.68 Crores with an equity price band set at ₹193 to ₹195 per equity share. The retail lot size is 75 shares requiring a minimum capital outlay of approx. ₹14,625.

How can I check CSB Bank Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 0.00x (Retail: 0.00x, QIB: 0.00x, NII: 0.00x). You can track live multiples directly on our dedicated subscription page.

Where and when will CSB Bank Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2019-12-02. Investors can verify status using PAN card or application number.

When is the listing date for CSB Bank Limited IPO?

CSB Bank Limited shares are scheduled to list on NSE and BSE on 2019-12-04.