Punjab & Sind Bank Limited which had launched its IPO for 4 cr shares in a price band of Rs 113-120 was subscribed 50.75 times. It received excellent response from all quarters. It would be significant to note that the employee quota has been oversubscribed. The issue had opened on 13th December and closed for […]
Archive for the ‘IPO’ Category
Punjab & Sind Bank IPO subscribed overall 50 times plus
December 18th, 2010
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MOIL delivery day 1: Great Start but selling pressure sees price giving up half the gains
December 16th, 2010
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Closes with gains of 24% MOIL listed on the BSE and NSE yesterday. The opening price at the BSE was Rs 551 while on the NSE it was Rs 565. The high was Rs 591.05 on the BSE and Rs 590 on the NSE. These highs were made in the first few minutes of […]
Punjab & Sind Bank IPO receives huge QIB Subscription
December 16th, 2010
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Punjab & Sind Bank Limited which had tapped the capital markets with its IPO for 4 cr shares in a price band of Rs 113-120 received excellent support from QIB’s. They subscribed their portion 49.8 times. Bidding by QIB’s closed yesterday and would close for all other bidders today. The overall issue has been subscribed […]
