IPO Synopsis

Oriental Bank of Commerce(Merged
Registered Office: E Block Harsha Bhawan,Connaught Place,New Delhi-110001, New Delhi
Tel. No: 91-11-23417121/23416691/23415598
Fax No: 91-11-23739768
Email: mbd@obc.co.in
Website:
Public Issue of 58000000 equity shares of Rs 10 each for cash at a price of Rs 250 per equity share aggregating Rs 1450 crore (the issue) by Oriental Bank of Commerce (the bank or the issuer). The issue comprises a net issue to the public of up to 46400000 equity shares of Rs 10 each (the net issue), a reservation for employees of up to 5800000 equity shares of Rs 10 each and a reservation for existing shareholders of the bank of upto 5800000 equity shares of Rs 10 each, at the issue price. The issue would constitute 23.15% of the fully diluted post issue paid-up capital of the bank.
Issue Money Payable On
Opens On Closes On Application Allotment
25-Apr-2005 29-Apr-2005 ₹250.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 25 Further Multiples of :25
(₹ Cr) Lead Managers to the Issue
Project Cost 0.00 Bajaj Capital Ltd
Project Financed through Current Offer 1,450.00 Citigroup Global Markets India Pvt Ltd
Post Issue Equity Share Capital 250.54 DSP Merrill Lynch Ltd
Issue Price 250.00 ICICI Securities Ltd
Projects
Promoted By
President of India
Listing At
BSE
NSE
Registrar To The Issue