Axis Bank Ltd issue currently open from 12th Feb 2019 to 13th Feb 2019. Cut off Price for RIC Bids has been fixed at Rs 695.00 based on the clearing price of Non Retail Bids in Axis Bank Ltd
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| Axis Bank LTD |
| Security Type |
OFS |
| Symbol |
AXISBANK |
| Issue Period |
12 Feb 2019 to 13 Feb 2019 |
| StartTime |
9:15 |
| EndTime |
15:30 |
| Offer Size - No. of Shares |
Base Offer Size – 5,07,59,949 shares and Additional Option to sell upto 2,63,37,187 shares ( Oversubscription Option ) Total Shares (Base Size + Green Shoe) 7,70,97,136. The seller shall intimate the stock exchanges of its intention to exercise the oversubscription after trading hours (i.e. on or before 5 pm) on February 12, 2019 |
| Offer Size for Retail Investors |
Base Offer Size – 50,75,995 shares and Oversubscription Option of 26,33,719 shares. Total Shares (Base Size + Green Shoe) 77,09,714 |
| Offer Size for Non Retail Investors |
Base Offer Size – 4,56,83,954 shares and Oversubscription Option of 2,37,03,468 shares. Total Shares (Base Size + Green Shoe) 6,93,87,422 |
| Face Value |
2.00 |
| Floor Price |
689.52 |
| Lot Size |
1 |
| Tick Price |
0.01 |
| ISIN No |
INE238A01034 |
| Minimum Bid Quantity |
1 |
| Maximum Bid Quantity |
5,07,59,949 |
| Allocation Methodology |
Price Priority |
|
Non Retail Section
| Indicative Price (Rs.) |
689.57 |
| LTP |
707.35 |
| Seller Members Details |
|
| Selling Members |
ICICI Securities Ltd ( Clg No 103 ), Morgan Stanley India Pvt Ltd ( Clg No 457 ) and Citigroup Global Markets India Pvt Ltd ( Clg No 670 ) |
| Seller Promoter |
The Specified Undertaking of the Unit Trust of India |
| Exchange Notices |
1) Opening of Offer for Sale for Axis Bank Limited
2) Opening of Offer for Sale for AXIS BANK LIMITED- Activities Schedule
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How To Invest in OFS :
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