Punjab & Sind Bank IPO Lisiting Allotment Status has been made available at Link Intime Website. IPO Status for PSB can be checked in link intime and Karvys Computershare Ltd. as the Initial Public Offering (IPO) Allotment Status of State owned Punjab and Sind Bank is now available online. Investors those who have applied for the shares of PSB can check the allotment status online on the Link Intime, Karvys Computershare Ltd. Website.
Punjab & Sind Bank IPO was open on Dec 13, 2010 and closed on Dec 16, 2010 for subscription. Punjab and Sind Bank IPO has received overwhelming response from investors and was subscribed 50.75 times on its closing day. PSB IPO has received bids for 2,02,98,86,650 shares in Retail Category as against issue size of 4,00,00,000 shares offered / reserved for the category. Retail Portion was oversubscribed 44.45 times.
Checkout here for Punjab and Sind Bank IPo allotment:
Punjab and Sind Bank Issue Detail:
Issue Open: Dec 13, 2010 – Dec 16, 2010Issue Type: 100% Book Built Issue IPOIssue Size: 40,000,000 Equity Shares of Rs. 10Issue Size: Rs. 452.00 – 480.00 CroreFace Value: Rs. 10 Per Equity ShareIssue Price: Rs. 113 – Rs. 120 Per Equity ShareMarket Lot: 50 SharesMinimum Order Quantity: 50 SharesListing At: BSE, NSEThe price band for the IPO is Rs. 113-120 per equity share. The issue comprises a net issue to the public of 3.80 crore equity shares and a reservation of 20 lakh shares for subscription by eligible employees. SBI capital markets limited, Enam securities private limited and ICICI securities limited are the leading book running managers to the issue.
Punjab & Sind Bank is a Government of India (GoI) undertaking bank started in Amritsar. The primary business of Punjab & Sind Bank is taking deposits and making advances and investments. As on July 31, 2010, their network comprised of 920 branches and 63 ATMs across India.
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