SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

IDBI Bank raises Rs 2,500 crore via bond issue

21 Oct 2014 Evaluate

State-run IDBI Bank has raised Rs 2,500 crore by selling perpetual bonds at 10.75% annual coupon rate. This is the second such issue in the country after Bank of India’s, which is compliant with Basel III capital adequacy norms, an international regulatory framework for banks.

Tier I perpetual bonds issues help strengthen the issuing bank's capital base. The issue has a call option after the instrument has run for 10 years. It received an overwhelming response and has been fully subscribed prior to the closure date.

The core issue size was at Rs 1,500 crore with an option to retain over-subscription up to Rs 1,000 crore. The issue opened on September 29 this year. The bonds are rated AA- by CRISIL and India Rating.

IDBI Bank is new generation public sector universal bank that rides on a cutting edge Core Banking Information Technology platform. This enables the Bank to offer personalized banking and financial solutions to its clients through its 1,217 branches and 2,101 ATMs.

IDBI Bank Share Price

75.07 0.78 (1.05%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
HDFC Bank 799.90
ICICI Bank 1347.50
Axis Bank 1359.15
Kotak Mahindra Bank 383.50
Indusind Bank 853.15
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×