Public issue of up to 80000000 equity shares of Rs 10 each for cash at a price of Rs 390 per equity share aggregating Rs 3120 crore (the issue) by Punjab National Bank (the bank or the issuer). The issue comprises of a net issue to the public of upto 64000000 equity shares of Rs 10 each (the net issue), a reservation for employees of up to 8000000 equity shares of Rs 10 each and a reservation for existing shareholders of upto 8000000 equity shares of Rs 10 each, at the issue price.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
07-Mar-2005
11-Mar-2005
₹ 390.00
₹ 0.00
Minimum Application for shares in Nos : 15.0
Further Multiples of : 15.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
0.00
DSP Merrill Lynch Ltd
Project Financed through Current Offer
3,120.00
Post Issue Equity Share Capital
315.30
Issue Price
₹390.00
Projects
Return of capital to Government of India
Augment capital base to meet further cap. adequacy