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CSB Bank IPO gets fully subscribed on Day 1: Key things to know

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Kerala-based CSB Bank's initial public offering was fully subscribed on the first day of bidding on Friday, with robust response coming in from retail investors. The initial public offering (IPO) received bids for 1,20,87,450 shares against the total issue size of 1,15,54,987 shares, reflecting 1.05 times subscription, according to data available with the National Stock Exchange. The category reserved for non-institutional investors was subscribed 10 per cent, while that for retail investors was subscribed 5.60 times.

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