The quotas for qualified institutional buyers (QIBs) and retail individual investors (RIIs) were subscribed to 85 times and 5.31 times, respectively.The bank last week fetched Rs 364 crore by issuing shares to 28 anchor investors at the upper end of the price band at Rs 225. Mutual funds have bid for 63 lakh equity shares, which was 39.02 per cent of the total quota reserved for anchor investors, the company said. Between FY12 and FY16, the bank's loan book, net interest income (NII) and net profit grew at a compounded annual rate of 40-50 per cent. This is despite it having 60 per cent of loan exposure to companies and MSMEs. Gross NPAs stood at 1 per cent of loans, while the restructured book was small at 0.1 per cent of loans.

Source: Economic Times August 23, 2016 06:33 UTC