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 […]
Posts Tagged ‘UBI’
United Bank of India Listing day one: Share opened up but continuous selling sees stock close marginally up
March 19th, 2010
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United Bank of India Listing morning: Share holding steady up over 9%
March 18th, 2010
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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 […]
United Bank of India IPO Subscribed: Receives excellent response
February 26th, 2010
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United Bank of India which had tapped the capital markets with a public issue in the price band of Rs 60-66 received overwhelming support. The issue was subscribed over 33 times. Retail investors were offered a discount of Rs 3 per share and even the retail category was subscribed just under 10 times. Category Shares […]
