Vijaya Bank surges on raising Rs 500 crore through bonds Vijaya Bank is currently trading at Rs. 47.55, up by 0.30 points or 0.63% from its previous closing of Rs. 47.25 on the BSE. The scrip opened at Rs. 47.50 and has touched a high and low of Rs. 47.60 and Rs. 47.20 respectively. So far 23669 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 58.80 on 26-May-2014 and a 52 week low of Rs. 33.90 on 04-Feb-2014. Last one week high and low of the scrip stood at Rs. 47.75 and Rs. 46.60 respectively. The current market cap of the company is Rs. 4080.82 crore. The promoters holding in the company stood at 74.06% while Institutions and Non-Institutions held 9.64% and 16.30% respectively. Vijaya Bank has augmented its Tier-II capital by raising Rs 500 crore through an issue of unsecured redeemable non-convertible Basel-III compliant Tier-II bonds with a coupon rate of 9.15% per annum. The issue was fully subscribed and allotment was made on October 30, 2014. The bank has shareholders nod to raise additional equity capital of Rs 600 crore from the markets. Vijaya Bank, the Karnataka-based bank offers various products and services specific to various segments such as it has saving accounts for children, scheme for women clientele, credit facilities to minority communities like Zoroastrians, Buddhists are among others.