IPO Synopsis
| Syndicate Bank(Merged) |
|---|
| Registered Office: Post Box No 1 Syndicate Bank,Golden Jubilee Auditorium,Manipal-576104, Karnataka |
| Tel. No: 91-820-2571181-96 |
| Fax No: 91-820-2570266 |
| Email: inrc@syndicatebank.co.in |
| Website: www.syndicatebank.in |
| Public issue of 50,000,000 equity shares of Rs. 10 each for cash at a price of Rs. 50 per equity share aggregating Rs. 250 crores by Syndicate Bank ("the Bank" or "Issuer") (the "Issue"). The Issue comprises a net issue to the public of at least 45,000,000 Equity Shares of Rs. 10 each (the "Net Issue") and a reservation for eligible Employees of up to 5,000,000 Equity Shares of Rs. 10 each, at the Issue Price. The Issue would constitute 9.58% of the fully diluted post issue paid-up capital of the Bank. |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | |
| 07-Jul-2005 | 13-Jul-2005 | ₹50.00 - 0.00 | |
| Minimum Application for shares in Nos : 125.0 | Further Multiples of :125.0 |
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| (₹ Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 0.00 | Enam Financial Consultants Pvt Ltd |
| Project Financed through Current Offer | 250.00 | J M Morgan Stanley Retail Services Ltd |
| Post Issue Equity Share Capital | 521.97 | SBI Capital Markets Ltd |
| Issue Price | 50.00 | SSKI Corporate Finance Pvt Ltd |
| Projects |
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| Implmnt. of Based II standards & Growth in Assets |
| Expeses of the Issue&Loan, Investment in Portfolio |
| Development of Infrastructure |
| Promoted By |
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| President of India |
| Listing At |
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| NSE |
| BSE |
| Bangalore |
| Registrar To The Issue |
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