Allahabad bank fixes issue price at Rs 82/share

Allahabad Bank has fixed the issue price for its public offer at Rs 82 per equity share of Rs 10 each.

According to a release issued by Allahabad Bank to the BSE, the issue price was fixed in consultation with book running lead managers.

The second public offer of the bank for 10 crore equity was open for bidding from April 6 to April 12.

The book running lead managers to the BSE were SBI Capital Markets, DSP Merrill Lynch, ICICI Securities, JM Morgan Stanley, Kotak Mahindra Capital and Enam Financial Consultants, the release added.