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IPO Details


Syndicate Bank(Merged)
Registered Office: Post Box No 1 Syndicate Bank, Golden Jubilee Auditorium, Manipal - 576104, Karnataka
Phone: 91-820-2571181-96
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
Minimum Application for shares in Nos : 125.0 Further Multiples of : 125.0
()Cr. Lead Managers to the Issue
Project Cost 0.00 Enam Financial Consultants Pvt Ltd
Project Financed through Current Offer 250.00
Post Issue Equity Share Capital 521.97
Issue Price 50.00
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

INDIAN INDICES

Sensex

82,710.70 655.59 (0.80%)

Nifty

25,230.50 186.15 (0.74%)

GLOBAL INDICES

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85.75 0.06 (0.95%)

NASDAQ
HANG SENG

24,177.08 487.95(2.06%)