IDBI Bank is currently trading at Rs. 40.95, up by 0.45 points or 1.11% from its previous closing of Rs. 40.50 on the BSE.
The scrip opened at Rs. 40.55 and has touched a high and low of Rs. 41.70 and Rs. 40.55 respectively. So far 69541 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 55.75 on 07-Jul-2020 and a 52 week low of Rs. 17.50 on 25-Mar-2020.
Last one week high and low of the scrip stood at Rs. 43.85 and Rs. 40.00 respectively. The current market cap of the company is Rs. 42041.41 crore.
The promoters holding in the company stood at 98.11%, while Institutions and Non-Institutions held 0.14% and 1.76% respectively.
IDBI Bank has raised Rs 1,435 crore through an issue of equity shares to 44 qualified institutional investors. The bank had targeted to raise Rs 2,000 crore (base size Rs 1,000 crore and green-shoe option of Rs 1,000 crore) through the QIP issue at a floor price of Rs 40.63 apiece. The QIP committee of the board of directors at its meeting held on December 19, 2020 approved the issue and allotment of 3,71,808,177 equity shares to 44 eligible qualified institutional buyers at the issue price of Rs 38.60 per share
IDBI Bank is the youngest, new generation public sector universal bank that rides on a cutting edge Core Banking platform with strong service orientation.
