Public issue of up to 45,000,000 equity shares of Rs. 10 each for cash at a price of Rs.110 per equity share aggregating Rs.495 crores by Union Bank of India (the "Bank" or "Issuer"). The issue comprises a net issue to the public of up to 40,500,000 equity shares of Rs. 10 each (the "Net Issue") and a reservation for eligible employees of up to 4,500,000 equity shares of Rs. 10 each, at the issue price. The issue will Constitute 8.91% of the total post issue paid-up equity capital of the bank.
The face value of the shares is Rs. 10 and the fixed price is 11 times of the face value.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
15-Feb-2006
21-Feb-2006
₹ 110.00
₹ 0.00
Minimum Application for shares in Nos : 50.0
Further Multiples of : 50.0