Axis Bank IPO / FPO is expected in the next few months according to industry sources. Axis Bank IPO/ FPO is sized roughly around 4000-5000 crores.
In 2007 , Axis bank has raised 4200 crores through an IPO, post the issue it has raised more fund through GDR and ADR subsequently priced at Rs.620 per share.
The bank’s board on Tuesday passed an enabling resolution to raise fresh equity through GDR, qualified institutional placement and preferential issue to promoters. The fresh equity issue could lead to about 10% dilution in the shareholding.
Axis Bank IPO Date , Price , Listing info , Subscription , Allotment status and allocation details , refund , Grey Market trades and analysis will be posted here soon.
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