Bank of Maharashtra IPO Details

Fixed Price IPO | ₹230 Cr | Listing at BSE | Wed, Feb 25, 2004 - Thu, Mar 4, 2004 P

BANK OF MAHARASHTRA IPO is a fixed issue price of ₹230.00 crores. The issue is entirely a fresh issue of 10.00 crore shares of ₹230.00 crore.

BANK OF MAHARASHTRA IPO bidding started from Feb 25, 2004 and ended on Mar 4, 2004.

BANK OF MAHARASHTRA IPO is set final issue price at ₹23 per share.

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

Refer to for detailed Information.

IPO Open

Wed, Feb 25, 2004

IPO Close

Thu, Mar 4, 2004

Issue Price

₹23 per share

Market Cap (Pre-IPO)

To be declared

IPO Details

IPO Date25 Feb to 4 Mar, 2004
Listing Date[.]
Face Value₹10 per share
Issue Price₹23 per share
Lot Size
Sale TypeFresh capital only
Issue TypeFixed Price IPO
Listing AtBSE

Total Issue Size10,00,00,000 shares
(agg. up to ₹230 Cr)
Fresh Issue 10,00,00,000 shares
(agg. up to ₹230 Cr)
Share Holding Pre Issue33,05,20,000 shares
Share Holding Post Issue43,05,20,000 shares

IPO Timetable (Tentative)

Issue Reservation

BANK OF MAHARASHTRA IPO comprises a total issue size of 10,00,00,000 shares. The net offer to the public is 9,00,00,000 shares, after excluding 1,00,00,000 shares under a preferential allotment. Of the Net offer 4,50,00,000 (50.00%) allocated to NII 4,50,00,000 (50.00%) allocated to RII.

Investor Category Shares Offered % of Net Issue% of Total Issue
NII (HNI) Shares Offered 4,50,00,00050.00%45.00%
Retail Shares Offered 4,50,00,00050.00%45.00%
Preferential Reservations
Employee Shares Offered 1,00,00,00010.00%
Total Shares Offered 10,00,00,000100.00%100.00%

Investor Category Reservations

CategoryLimitCut-off
RIIUp to ₹2 LakhsYes
sNII₹2 Lakhs – ₹10 LakhsNo
bNIIAbove ₹10 LakhsNo
Employee (EMP)Up to ₹2 LakhsYes
Employee + RII/NIIUp to ₹2Lakhs (EMP) + RII/NII limitsYes (EMP/RII)

About Bank of Maharashtra

BANK OF MAHARASHTRA IPO IPO Subscription Status (Bidding Detail)

The BANK OF MAHARASHTRA IPO IPO subscription status. Full data available on IPOMatrix.com.

Category Subscription (times) Shares Offered Shares bid for
šŸ”’ Preview Limited

Full data is available exclusively on IPOMatrix.com — your premium IPO research platform.

Total 10.36 10,00,00,000 1,03,62,67,400

Contact Details

Bank of Maharashtra Address
Open an Instant Account with Zerodha

IPO FAQs

BANK OF MAHARASHTRA IPO is a main-board IPO of 10,00,00,000 equity shares of the face value of ₹10 aggregating up to ₹230 Crores. The issue is priced at ₹23 per share. The minimum order quantity is .

The IPO opens on Wed, Feb 25, 2004, and closes on Thu, Mar 4, 2004.

is the registrar for the IPO. The shares are proposed to be listed on BSE.

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

Steps to apply in BANK OF MAHARASHTRA IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'BANK OF MAHARASHTRA IPO' 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 BANK OF MAHARASHTRA IPO opens on Wed, Feb 25, 2004 and closes on Thu, Mar 4, 2004.

BANK OF MAHARASHTRA IPO lot size and the minimum order quantity is not available at this time. Please check again later.

You can apply in BANK OF MAHARASHTRA IPO 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 BANK OF MAHARASHTRA IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the BANK OF MAHARASHTRA IPO allotment status.

The BANK OF MAHARASHTRA IPO listing date is not yet announced. The tentative date of listing is .

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