Archive for the ‘Listing’ Category

United Bank of India Listing day one: Share opened up but continuous selling sees stock close marginally up

United Bank of India listed this morning. The PSU bank had come out with an IPO in the price band of Rs 60-66. Retail investors were offered a discount of 5% in the issue which means that they were offered shares effectively at Rs 63. The share listed on the BSE at Rs 77 while […]

United Bank of India Listing morning: Share holding steady up over 9%

United Bank of India listed this morning. The PSU bank had come out with an IPO in the price band of Rs 60-66. The issue was open between the 23rd and 25th of February and was very well received. The issue was oversubscribed over 33 times and had received excellent support from QIB’s, HNI’s and […]

Pradip Overseas IPO: Price band announced

Pradip Overseas Limited which is launching its IPO on Thursday the 11th of March and closing on Monday the 15th of March announced its price band. The price band is between Rs 100-110. The issue size is 1.06 cr shares. The company would raise Rs 106 crs at the lower price band and Rs 116.6 […]

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