CSB Bank Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
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Financial Performance
Revenue, profit after tax and total assets across the last 3 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a standalone basis, as reported for FY24 to FY26.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial Public Offering of 21,009,067* equity shares of face value of Rs. 10 each ("equity shares") of CSB Bank Limited ("the bank" or "the bank" or "the issuer") for cash at a price of Rs. 195 per equity share (including share premium of Rs. 185 per equity share) (the "offer price") aggregating to Rs. 409.68 Crores* (the "offer") comprising a fresh issue of 1,230,769* equity shares by the bank aggregating to Rs. 24 Crores* ("fresh issue") and an Offer for sale of 19,778,298 equity shares aggregating to Rs. 385.68 Crores* by the selling shareholders, ("offer for sale"). The offer will Constitute 12.11% of the post-offer paid-up equity share capital of the bank. *subject to finalisation of basis of allotment. The face value of the equity share of Rs.10 each. The offer price is 19.5 times the face value of the equity shares. Offer price: Rs.195 per equity share of face value of Rs.10 each.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Company's business and financial performance could suffer if it is unable to effectively manage the level of its NPAs. Any change in the income recognition or asset classification norms or in RBI mandated provisioning requirements could also affect our business.
- Company have issued notices and initiated various recovery proceedings against defaulting borrowers under the SARFAESI Act and failure by such borrowers to repay the outstanding borrowings pursuant to such notices and proceedings may adversely affect its business.
- Company have regional concentration in southern India, especially Kerala. Any adverse change in the economic, political, or geographical conditions of Kerala and other states in southern India can impact its results of operations. Additionally, it may not be successful in expanding our operations to other parts of India which could have an adverse effect on its business, financial condition, and results of operations.
- Company is required to lend a minimum percentage of its ANBC to certain priority sectors. Any adverse performance by such priority sectors or any change in the RBI's regulations relating to priority sector lending or our Bank's inability to meet the priority sector lending targets could have a material adverse impact on its financial condition and results of operations.
- Volatility in the market price of gold may adversely affect its financial condition, cash flows, and results of operations. In addition, it may not be able to realize the full value of its pledged gold, which exposes us to potential loss.