IDBI BANK LTD. - 500116 - Clarification sought from IDBI Bank Ltd
The Exchange has sought clarification from IDBI Bank Ltd on December 23, 2020, with reference to Movement in Volume.The reply is awaited.23-12-2020
23-12-2020
IDBI Bank falls 19% on listing of fresh shares allotted to QIBs
The Committee at its meeting held on Saturday i.e. December 19, 2020, approved the issue and allotment of 371.8 million equity shares to the 44 eligible QIBs22-12-2020
IDBI Bank raises Rs 1,435 crore via issue of equity shares to 44 investors
The shares were issued at a discount of 5 per cent to the floor price of Rs 40.63 apiece. The QIP issue had opened on December 15 and closed on December 18, 202020-12-2020
IDBI Bank raises 1,435 cr; issue subscribed by 44 QIBs
IDBI Bank's Qualified Institutions Placement (QIP) issue has been subscribed by 44 Qualified Institutional Buyers (QIBs) aggregating to 1,435.18 cror19-12-2020
IDBI BANK LTD. - 500116 - Announcement under Regulation 30 (LODR)-Allotment
The Committee has, at its meeting held today i.e. December 19, 2020, approved the issue and allotment of 371808177 Equity Shares to the 44 (Forty Four) eligible qualified institutional buyers at the issue price of Rs.38.60 per Equity Share (including a premium of Rs. 28.60 per Equity Share after offering about 5% discount on the floor price of Rs. 40.63 per Equity Share) aggregating to Rs.1435.18 crore, pursuant to the QIP Issue of Rs.2000 crore (Base size Rs.1000 crore and Green shoe option of Rs.1000 crore) . The Issue opened on December 15, 2020 and closed on December 18, 2020 and the same was intimated to the Stock Exchanges through Bank''s letters dated December 15, 2020 and December 18, 2020, respectively. We request you to take the above on record and the same be treated as compliance under the applicable provisions of the SEBI Listing Regulations.19-12-2020
IDBI BANK LTD. - 500116 - Approval Of Placement Document
Further to our letter dated December 15, 2020 intimating you about the meeting of the Committee to be held on December 18, 2020 in respect of the Issue, we wish to inform you that the Committee at its meeting held today i.e. December 18, 2020 has passed the resolution approving and adopting the placement document dated December 18, 2020 and issuance of Confirmation of Allocation Note to successful bidders in the QIP, intimating them of allocation of Equity shares pursuant to the QIP. The QIP issue for Rs. 2000 crore (Base size Rs. 1000 crore and Green shoe option of Rs. 1000 crore) has been subscribed by 44 (Forty Four) QIBs aggregating to Rs. 1435.18 crore at the issue price of Rs. 38.60 per equity share and involving issue of 37,18,08,177 equity shares to the subscribers. We request you to take the above on record and the same be treated as compliance under the applicable provisions of the SEBI Listing Regulations.18-12-2020
IDBI BANK LTD. - 500116 - Outcome Of Committee Meeting Approving The Closure Of Issue Period, Issue Price And Confirmation Of Allocation Note (CAN) Pursuant To QIP
The Committee at its meeting held today has, inter alia, passed the following resolutions: a. Approved the closure of the issue period for the Issue today i.e. December 18, 2020 pursuant to the receipt of application forms and the funds in the escrow account from eligible qualified institutional buyers in accordance with the terms of the Issue, which opened on December 15, 2020; b. Determined and approved the issue price c. Approved and finalised the confirmation of allocation note to be sent to the eligible qualified institutional buyers, intimating them of allocation of Equity Shares pursuant to the Issue. We request you to take the above on record and the same be treated as compliance under the applicable provisions of the SEBI Listing Regulations18-12-2020
IDBI Bank to raise up to Rs 2,000 cr via QIP
IDBI Bank, in a regulatory filing late on Tuesday, said it is planning to raise an amount aggregating up to Rs. 2,000 crore (base size of Rs 1,000 cro15-12-2020
IDBI BANK LTD. - 500116 - Announcement under Regulation 30 (LODR)-Qualified Institutional Placement
This is in continuation to our earlier intimation dated December 15, 2020 regarding the outcome of the meeting of the Committee held today approving, inter alia, the opening of the Issue. In this regard, we write to clarify that the size of the Issue as approved by the Committee at its meeting today is an amount aggregating up to Rs. 2,000 crore (Base size of Rs. 1,000 crore and Rs. 1,000 crore under green shoe option). We request you to take the above on record.15-12-2020
IDBI BANK LTD. - 500116 - Board Meeting Intimation for QIP Committee Of The Board To Be Held On December 18, 2020
IDBI BANK LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 18/12/2020 ,inter alia, to consider and approve the issue price, including a discount, if any, thereto as permitted under the SEBI ICDR Regulations, for the Equity Shares to be allotted to eligible qualified institutional buyers, pursuant to the Issue. (Meeting of QIP committee of the Board) We request you to take the above on record and the same be treated as compliance under the applicable provisions of the SEBI Listing Regulations.15-12-2020