RBL Bank to list shares on August 31, issue price at Rs 225/sh

RBL Bank to list shares on August 31, issue price at Rs 225/sh::::::: Kolhapur-RBL Bank headquarters closed last week after the overwhelming response to the August 31 issue of shares on the exchanges said. At the high end of the price band of Rs 224-225 per share, which has fixed the issue price. Rs 1,213 crore public issue of the bank in front of the RBL known as Ratnakar Bank, on a positive response from investors oversubscribed 69.62 times. If the quota was reserved for retail investors 5.70 times oversubscription qualified institutional buyers in the central part of the (QIBs) 85.08 times and non-institutional investors oversubscribed 198.06 times. August 19-23 to Rs 380.46 crore during the start of the public issue of shares by the selling shareholders, the value of Rs 832.50 crore in the latest edition of the sale value of the offer. RBL Bank for a decade to come out of the initial public offering is the first private sector bank.

Hit the capital markets and the private sector lender Yes Bank in 2005 in the public sector are the Global 2010, Kotak Mahindra Capital, Punjab and Sind Bank, Axis Capital, Citigroup Global Markets India and Morgan Stanley India is one of the co-ordinators as well as the public went to the Book of Running Lead Managers for the issue. Other Book Running Lead Managers of HDFC Bank, ICICI Securities, IDFC Securities, IIFL Holdings, are SBI Capital