MoneyWorks4Me

Bank of Baroda allots shares worth Rs 5,042 crore to Government

17 Jun 2019 Evaluate

Bank of Baroda has issued and allotted 42,85,59,286 equity shares of Rs 2 each fully paid up at an issue price of Rs 117.65 per equity share (premium of Rs.115.65 per share) amounting to Rs 5,042 crore to Government of India (Promoter) on preferential basis. 

Bank of Baroda is engaged in providing various services, such as personal banking, corporate banking, international banking, small and medium enterprise (SME) banking, rural banking, non-resident Indian (NRI) services and treasury services.

Peers
Company Name CMP
State Bank Of India 980.60
PNB 116.05
Bank Of Baroda 234.20
Canara Bank 123.05
Union Bank Of India 176.25
View more..