There is no firm allotment to anyone in the retail category which was subscribed 43.20 times. Retail applicants who have applied for the maximum of 1650 shares would receive an allotment of 50 shares in the ratio of 71 out of 93 applications. In the HNI category which was subscribed 85.16 times, the cost of […]
Posts Tagged ‘Punjab & Sind Bank’
Punjab & Sind Bank: Announces basis of allotment
December 28th, 2010
Comments Off on Punjab & Sind Bank: Announces basis of allotment
Punjab & Sind Bank IPO subscribed overall 50 times plus
December 18th, 2010
Comments Off on Punjab & Sind Bank IPO subscribed overall 50 times plus
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 […]
Punjab & Sind Bank IPO receives huge QIB Subscription
December 16th, 2010
Comments Off on Punjab & Sind Bank IPO receives huge QIB Subscription
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 […]