Punjab & Sind Bank – Subscribe. The come forth will commence on Dec. 13, 2010 and close on Dec. 16, 2010 pro retail investors and on Dec. 15, 2010 pro Institutional Investors. The visage regard is Rs.10 for every share and the fee belt pro the come forth is Rs 113-120. It has existing 5% money off of the fee belt to retail investors. It is a 100% tome building process aggregating ended Rs 480cr.
Punjab and Sind Bank IPO Allotment Status is likely to be declared shortly. Punjab and Sind Bank IPO – Basis of Allotment will be updated at this time as soon as it is made unfilled online.
Punjab and Sind Bank IPO clogged pro subscription on Thursday, December 16, 2010. Inside the Retail Category, Punjab and Sind Bank IPO had expected bids pro 591240650 Equity Shares as hostile to 13300000 Equity Shares existing / modest pro the class, hence lifting the oversubscription in the class to an extraordinary 44.45 era. Owing to this, the share to even the highest applicants in the Retail Category is probable to be on a lottery basis.
Issuing money-making ID involves a stamp duty unlike NCDs. Equally a upshot, our margins in IPO funding be inflicted with fallen from 5-6% to 2-3%,” understood a top authoritative of a listed brokerage, which raised money through money-making ID pro IPO funding.