Offer for Sale: Company will not receive any proceeds from the Offer for Sale and all the proceeds will go to the Selling Shareholders. Business Overview: Incorporated on November 26, 1920 CSB Bank Limited (CSB) is one of the oldest private sector banks in India with a history of over 98 years, transforming to a new age private bank backed by a new marquee investor Fairfax India through FIH Mauritius Investments Ltd (FIHM). It offers a wide range of products and services to their overall customer base of 1.3 million as on Q2FY20. With particular focus on SME,...
As of September 30, 2019, CSB has advances of | 11298 crore. Geographically, the company has ~83% exposure towards three states viz. Kerala, Tamil Nadu and Karnataka. CSB has 412 branches across 16 states and four union territory with employee base of 3001 as of FY19. The bank...
The CSB Bank, formerly known as the Catholic Syrian Bank is one of the oldest private sector banks in India, established in 1920. CSB has its headquarters and a strong base in the Thrissur district of Kerala along with a significant presence in Tamil Nadu, Karnataka and Maharashtra and is also moving towards establishing its presence in the western region. The Bank offers a wide range of products and services, with a particular focus on small and medium enterprises (SME), retail and NRI customers to cater to an overall customer base of 1.3 crore as on September 30, 2019. It operates through network of over 412 branches excluding 3 service...
CSB Bank Ltd - IPO Note Issue Open: November 22 November 26, 2019, Price Band: Rs. 193 195, Issue Size: 21,021,821 eq shares (Fresh Issue of 1243523 eq sh + Offer for sale of 19778298 eq sh)
