Central Bank Of India IPO price band set at Rs85-102
Mumbai: Central Bank of India has set an indicative price band of Rs85-102 a share, for its initial public offering (IPO) of 8 crore shares. The IPO will open for subscriptions July 24 and close July 27, the bank said in a statement.

The bank is looking to raise Rs816 crore at the higher end of the price band. ICICI Securities Ltd., Citigroup Global Markets India Pvt. Ltd., Enam Financial Consultants Pvt. Ltd. and IDBI Capital Market Services Ltd. are the book running lead managers to the offer.
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