Welcome to IPO Guide

The South Indian Bank Limited

CLOSED

Rights Issue · IPO Guide

RI Price
₹22
Subscription
0.00x
Expert Rating
Subscribe

South Indian Bank provides retail and corporate banking, para banking activities such as debit card, third party financial product distribution, in addition to Treasury and Foreign Exchange Business. Financials of the bank are average and improving with low RoA and high NPA. The price difference of RI price from CMP is around 65% from right issue price. Also banking sector expected to do well in next 1-3 years. So we give SUBSCRIBE rating to this right issue. 

⚠️

Disclaimer

No financial information whatsoever published herein, should be construed as an offer to buy or sell securities, or as information to make investment decisions, or as an official confirmation of any transaction. All matter published herein is purely for educational and informational purposes only and under no circumstances should be used for making investment decisions. Readers must consult a qualified financial advisor prior to making any actual investment decisions.

💬 Community Discussion

4 Comments
  • 🛡️
    IPO Guide Admin 26 Feb 2024, 10:07
    for every 4 shares, right of 1 share. So if you buy one share, you will get nothing.
  • A
    Anu 26 Feb 2024, 10:04
    if i buy 1 share of south indian bank today, than for how much quantity i can apply for right?
  • 🛡️
    IPO Guide Admin 26 Feb 2024, 09:58
    those who are holding stock on 27th February 24, can apply. So today is last day to buy, whoever wants to participate in the Right issue
  • A
    Anu 24 Feb 2024, 21:58
    @admin who can apply for right issue?

✍️ Post a Comment