247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Indian Bank IPO (Indian Bank IPO) Details

Indian Bank is an Banking And Finance based company, located in Chennai, Indian Bank IPO size was 782.15 Cr. and was issued at 91.00 per share. The share of Indian Bank were listed at 98.30 per share and are currently trading at 532.20 per share.

Type :
Sub Sector : Bank
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
4538.94 Cr.

PAT :
668.00 Cr.

Pricing Report

Issue Price :
91.00

Listing Price :
98.30

Current Market Price :
532.20

Issue Price vs CMP :
441.2 (484.84%)

listing Price vs CMP :
433.9 (441.40%)

Performance Report (CAGR* wise)

CAGR : 10.37
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Indian Bank

Company Information
Indian Bank is a leading public sector banking institution with the largest network of branches in the state of Tamil Nadu. As at September 30, 2006, they had 1,408 branches in India spread over 26 states and 3 union territories. They also have a branch in Singapore and a branch and foreign currency banking unit in Colombo, Sri Lanka. They had an additional 485 delivery channels, including extension counters, ATMs and satellite offices. As at September 30, 2006, they had a workforce of over 21,000 people serving over 18.1 million customers. In Fiscal 2006, they made a net profit of Rs. 4,894.00 million and had assets of Rs. 474,115.55 million and net worth of Rs. 22,676.80 million. As at September 30, 2006, they had assets
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Object of Issue
  • Meet the future capital requirements arising out of the implementation of the Basel II standards and the growth in assets, primarily loan and investment portfolio due to the growth of the Indian economy
  • Development infrastructure to support business growth and service customers

Indian Bank MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Mar, 2007
IPO Size :
782.15 Cr.
PE Multiple :
0.00
Merchant Banker :
Axis Capital Limited
IPO Registrar:
Cameo Corporate Services Limited

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Peer Companies Of This Sector

FAQs

Indian Bank operates in Banking And Finance and Bank. The Issue is listed on MainBoard in Mar, 2007. Indian Bank IPO size was 782.15 Cr. with Issue price of 91.00 .

Merchant Banker(s) of Indian Bank IPO: Axis Capital Limited , ICICI Securities Limited , Kotak Mahindra Capital Company Limited , SBI Capital Markets Limited

Indian Bank IPO subscription was 0.00 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Indian Bank IPO listed at a listing price of 98.30 against the offer price of 91.00.

The current market price of Indian Bank is 532.20.

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