IOB issues Rs 1,000 Cr Tier II Bonds at 7.80 percent coupon

Fund Raising View source PDF Explain this filing

IOB · price

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Price reactionminutes from the announcement price · days from the prior close

+1.2%Reaction day

₹34.85

prior close

₹34.77

announcement price

After-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+1.9%-0.7% vs market

Public Sector Bank peers, median of 11sector+1.6%-0.4% vs sector

On the reaction day the stock moved 0.7 pts less than Nifty Smallcap 250 and 0.4 pts less than its Public Sector Bank peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.3

10m

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15m

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30m

-0.2

Sessions after the filingfrom the prior close

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Reaction day

+1.2+1.9-0.7+1.6-0.4

Next day

-0.0+1.9-1.9+0.7-0.7

+2.2+2.7-0.6+1.6+0.5

-0.5+1.1-1.5-2.8+2.3

-0.3+4.0-4.4-0.8+0.5

+0.7+4.8-4.1-0.0+0.7

-0.0+3.4-3.4-0.7+0.6

15d

+4.6+5.4-0.9+5.4-0.9

+1.4+1.5-0.1+5.5-4.1

-10.4-6.9-3.5-16.4+6.0

+0.4+9.0-8.6-8.5+8.9

UpDownMarket · Nifty Smallcap 250Sector · Public Sector Bank peers, median of 11Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Indian Overseas Bank has received BSE listing permission for Rs 1,000 crore Basel III compliant Tier II Bonds Series VI, allotted to 15 investors on private placement. Coupon rate is 7.80 percent per annum. Issue size includes base Rs 500 crore plus green-shoe Rs 500 crore. Issue opened and closed on 22 January 2026 with allotment on 23 January 2026.

Likely market impact

Capital raise strengthens the bank regulatory position. Bond holders get fixed income; equity shareholders see no dilution since these are debt instruments.