Central Bank IPO Details
July 23, 2007
The much awaited central bank IPO opens for subscription today. The price band of the central bank ipo is Rs. 85 - 102. The central bank IPO opens for subscription today and closes for subscription on 27th of this month. With so many IPO’s open for subscription, investors have a lot of choices to select good IPO’s to invest in. The Central bank IPO is likely to reward investors both on the short term and on the long term.
Posted in IPO, IPO Subscription Details
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August 9th, 2007 at 3:33 am
When it will get listed??
August 12th, 2007 at 7:38 am
Hi
The Listing could well be in the range of 250-260 but looking at the prospect of the CBI it will most likely cross 300 mark in the first day.
The investment/deposit ratio of 0.34 and credit/deposit ratio 0.63 makes CBI comparable to SBI’s strength. The employee cost/operating cost ratio is even improved 68% than SBI’s 77%. It has a BV of Rs.77 and EPS Rs. 15, Compared to SBI’s Rs.525 & Rs.85. That makes CBI 1/6th of SBI. If SBI is listed at Rs. 1700 now CBI should have a market value of a good Rs. 283.
All the best for CBI listing.