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IPO

IPO Details


Punjab & Sind Bank
Registered Office: 21 Bank House, Rajendra Palace, New Delhi - 110008, Maharashtra
Phone: 91-011-25782926/25728930/25812922
Email: complianceofficer@psb.org.in
Website: www.punjabandsindbank.co.in
Public issue of up to 4,00,00,000 equity shares of Rs. 10 each (The "Equity Shares") for cash at a price of Rs. 120 per equity share of Punjab & Sind Bank ("The Bank" or "The Issuer") aggregating Rs. 470.82 crore (The "Issue"). The issue comprises a net issue to the public of 3,80,00,000 equity shares (The "Net Issue") and a reservation of 20,00,000 equity shares for subscription by eligible employees (The "Employee Reservation Portion"), at the issue price. The issue shall constitute 17.93% of the post-issue share capital of the bank. The net issue shall constitute 17.04% of the post-issue share capital of the bank. Issue price: Rs. 120 Per Equity Share of face value of Rs. 10 each The issue price is 12.0 times of the face value.
Issue Money Payable On
Opens On Closes On Application Allotment
13-Dec-2010 16-Dec-2010 ₹ 120.00 ₹ 0.00
Minimum Application for shares in Nos : 50.0 Further Multiples of : 50.0
(₹)Cr. Lead Managers to the Issue
Project Cost 456.32 Enam Securities Pvt Ltd
Project Financed through Current Offer 480.00
Post Issue Equity Share Capital 223.06
Issue Price ₹120.00
Projects
To augment capital base to meet future cap. req.
General corporate purposes
Promoted By
The President of India
Listing At
BSE
NSE
Registrar to the Issue
No Data Available

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