Registered Office: 66 Rajaji Salai,P B No 1384,Chennai-600001, Tamil Nadu |
Tel. No: 91-44-25233231/25231253/25231254 |
Fax No: 91-44-25231278 |
Email: investors@indianbank.co.in |
Website: www.indianbank.in |
Public issue of 8,59,50,000 equity shares of Rs. 10 each ("equity shares") of Indian Bank (the "bank" or the "issuer") for cash at a price of Rs.91/- per equity share (including a share premium of Rs.81/- per equity share) aggregating Rs.782.15 Crores (the "issue"). The issue includes a reservation of 85,95,000 equity shares of Rs.10/- each for the eligible employees (the "employee reservation portion"). The issue less the employee reservation portion is referred to as the "net issue". The issue will constitute 25% of the pre issue and 20 % of the post issue fully diluted paid-up equity capital of the bank.
Issue Price is Rs.91/- per equity share of face value Rs.10/- each
The issue price is 9.1 times the face value
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