Andhra Bank FPO Details

Bookbuilding FPO | ₹765 Cr | Listing at BSE, NSE | Mon, Jan 16, 2006 - Fri, Jan 20, 2006 P

Andhra Bank FPO is a book build issue of ₹765.00 crores. The issue is entirely a fresh issue of 8.50 crore shares of ₹765.00 crore.

Andhra Bank FPO bidding started from Jan 16, 2006 and ended on Jan 20, 2006.

Andhra Bank FPO is set final issue price at ₹90 per share.

The book running lead manager (Not declared yet) and The registrar of the issue (Not declared yet).

Refer to for detailed Information.

FPO Open

Mon, Jan 16, 2006

FPO Close

Fri, Jan 20, 2006

Issue Price

₹90 per share

Market Cap (Pre-IPO)

₹4,365.00 Cr

FPO Details

IPO Date16 to 20 Jan, 2006
Listing Date[.]
Face Value10 per share
Price Band₹82 to ₹90
Issue Price₹90 per share
Lot Size
Sale TypeFresh capital only
Issue TypeBookbuilding FPO
Listing AtBSE, NSE

Total Issue Size8,50,00,000 shares
(agg. up to ₹765 Cr)
Fresh Issue 8,50,00,000 shares
(agg. up to ₹765 Cr)
Share Holding Pre Issue40,00,00,000 shares
Share Holding Post Issue48,50,00,000 shares

FPO Timetable (Tentative)

FPO Issue Reservation

Andhra Bank FPO comprises a total issue size of 8,50,00,000 shares. The net offer to the public is 7,65,00,000 shares, after excluding 85,00,000 shares under a preferential allotment. Of the Net offer 3,82,50,000 (50.00%) are allocated to QIB, 1,14,75,000 (15.00%) allocated to NII 2,67,75,000 (35.00%) allocated to RII.

Investor Category Shares Offered % of Net Issue% of Total Issue
QIB Shares Offered 3,82,50,00050.00%45.00%
NII (HNI) Shares Offered 1,14,75,00015.00%13.50%
Retail Shares Offered 2,67,75,00035.00%31.50%
Preferential Reservations
Employee Shares Offered 85,00,00010.00%
Total Shares Offered 8,50,00,000100.00%100.00%

Investor Category Reservations

Application CategoryMaximum Bidding LimitsBidding at Cut-off Price Allowed
Only RII Up to Rs 2 Lakhs Yes
Only sNII Rs 2 Lakhs to Rs 10 Lakhs No
Only bNII Rs 10 Lakhs to NII Reservation Portion No
Only employee Yes
Employee + RII/NII
  • Employee limit: (In certain cases, employees are given discount if bidding amount is upto Rs. 2 lakhs)
  • If applying as RII: Upto Rs. 2 lakhs
  • If applying as NII: sNII > Rs. 2 lakhs and upto Rs. 10 lakhs and bNII > Rs. 10 lakhs
Yes for Employee and RII/NII

About Andhra Bank

Contact Details

Andhra Bank Address
Open an Instant Account with Zerodha

FPO FAQs

Andhra Bank FPO is a main-board FPO of 8,50,00,000 equity shares of the face value of ₹10 aggregating up to ₹765 Crores. The issue is priced at ₹90 per share. The minimum order quantity is .

The FPO opens on Mon, Jan 16, 2006, and closes on Fri, Jan 20, 2006.

is the registrar for the FPO. The shares are proposed to be listed on BSE, NSE.

Zerodha customers can apply online in Andhra Bank FPO using UPI as a payment gateway. Zerodha customers can apply in Andhra Bank FPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Andhra Bank FPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Andhra Bank FPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Andhra Bank FPO opens on Mon, Jan 16, 2006 and closes on Fri, Jan 20, 2006.

Andhra Bank FPO lot size and the minimum order quantity is not available at this time. Please check again later.

You can apply in Andhra Bank FPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Andhra Bank FPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Andhra Bank FPO allotment status.

The Andhra Bank FPO listing date is not yet announced. The tentative date of listing is .

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