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 Allotment
07-Jul-2005 13-Jul-2005 ₹50.00 - 0.00 ₹0.00 - 0.00
Minimum Application for shares in Nos : 125 Further Multiples of :125
(₹ 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
Implmnt. of Based II standards & Growth in Assets
Expeses of the Issue&Loan, Investment in Portfolio
Development of Infrastructure
Promoted By
President of India
Listing At
NSE
BSE
Bangalore
Registrar To The Issue