What is the price band of the CSB Bank IPO?

The price band is ₹193–195 per share, and the final issue price is ₹195.

What is the lot size of the CSB Bank IPO?

One lot is 75 shares, so the minimum retail bid is ₹14,625 at the upper end of the price band.

When is the CSB Bank IPO listing date?

The shares listed on 04 December 2019.

How many times was the CSB Bank IPO subscribed?

It was subscribed 86.9x overall: QIB 62.2x, NII 165x and retail 44.5x (NSE and BSE together).

CSB Bank IPO

CSB Bank Limited (CSBBANK) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 04 December 2019.

Listed 4 Dec Subscribed 86.9x Listing gain +41.0%

Issue details

Price band

₹193–195

Issue price

₹195

Lot size

75 shares

Min. retail bid

₹14,625

Max. retail bid

13 lots (₹1,90,125)

Issue size

₹410 Cr

Face value

₹10

Bidding

22 Nov – 26 Nov 2019

Listing

04 Dec 2019

Retail quota

10% (75% QIB issue)

Registrar

Link Intime India Private Limited

Listing day

Listed at

₹275

+41.0% vs issue price ₹195

Day's high

₹307

+57.3% · low ₹275 (+41.0%)

Day's close

₹300

+53.9% · traded ₹1,096 Cr

Subscription status

Category	Shares offered	Shares bid for	Subscribed
QIB (institutions)	63,02,721	39,19,21,425	62.2x
NII (HNI) total	31,51,360	51,89,72,475	165x
Retail	21,00,906	9,35,51,025	44.5x
Total	1,15,54,987	1,00,44,44,925	86.9x

Bids on NSE and BSE together, as published by NSE. Shares offered exclude the anchor portion.

Past IPOs with similar demand

Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to CSB Bank's, and how they listed.

IPO	QIB	NII	Retail	Total	Size	Listing gain	Day high
Quess CorpJul 2016	59.0x	392x	34.1x	144x	₹411 Cr	+57.7%	+60.7%
RITESJun 2018	71.7x	195x	15.7x	67.2x	₹799 Cr	+2.7%	+21.4%
Affle IndiaJul 2019	55.3x	199x	11.0x	86.5x	₹457 Cr	+24.3%	+28.7%
Shankara Building ProductsMar 2017	51.6x	90.7x	15.3x	41.9x	₹349 Cr	+20.7%	+38.3%
Indian Railway Catering and Tourism CorporationOct 2019	109x	355x	14.9x	112x	₹1,125 Cr	+95.6%	+132.4%
Neogen ChemicalsApr 2019	30.5x	114x	16.1x	41.2x	₹133 Cr	+16.7%	+22.6%

Lead managers and their listing record

Book running lead manager	Mainboard IPOs since 2019	Avg listing gain	Listed at a premium
Axis Capital	107	+20.4%	73%
IIFL Securities	94	+19.3%	71%

Offer documents (NSE)

Red Herring Prospectus (zip) Basis of issue price (zip) Anchor allocation (zip)

Frequently asked

What is the CSB Bank IPO price band and lot size? ₹193–195 per share, with a lot of 75 shares, so the smallest retail bid is ₹14,625.

How many times has it been subscribed? 86.9x overall: QIB 62.2x, NII 165x, retail 44.5x.

How did it list? It opened at ₹275, +41.0% against the issue price of ₹195, and closed its first day +53.9%.

Other IPOs of 2019

Prince Pipes and Fittings Ujjivan Small Finance Bank Vishwaraj Sugar Industries Indian Railway Catering and Tourism Corporation Sterling & Wilson Solar Affle India IndiaMART InterMESH Neogen Chemicals All 2019 IPOs →

Important: The AI listing estimates on Flash Finance are statistical estimates drawn from how past Indian IPOs have listed. They are not a forecast of what any IPO will do, not a recommendation to apply, buy or sell, and not investment advice. Listing prices depend on market conditions on the listing day and can differ widely from any estimate; past patterns may not repeat. Subscription figures are as published by NSE (bids on NSE and BSE together) and can be revised. Flash Finance is not a SEBI-registered investment adviser or research analyst. Read the issue's Red Herring Prospectus and consult a SEBI-registered adviser before you invest.