Friday, July 20, 2007

Central Bank of India

Incorporated in 1911, Central Bank of India is the first Indian commercial bank which was wholly owned and managed by Indians. Central Bank of India branches are spread in 27 out of 28 States as also in 4 out of 7 Union Territories in India. Central Bank of India holds a very prominent place among the Public Sector Banks on account of its network of 3194 branches and 267 extension counters at various centers throughout the length and breadth of the country. Central Bank of India has over 25 million account holders.

IPO Information :

Public Issue Price: Rs. 85/- to Rs. 102/- Per Equity Share
Public Issue Open : July 24, 2007 to July 27, 2007
Public Issue Type : 100% Book Building Issue (Initial Public Offer IPO )
Public Issue Size: 80,000,000 Equity Share of Rs.10/- each
Maximum Subscription Amount for Retail Investor: Rs 100,000/-
Listing : BSE, NSE
Lead Manager: ICICI Securities, Citigroup, ENAM Financial, IDBI Capital Market, Kotak Mahindra.