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Punjab sind IPO to list on 30th Dec’10

Posted on: December 29th 2010 in IPO Views.

Incorporated in 1908, Punjab & Sind Bank is a Government of India (GoI) undertaking bank started in Amritsar. They were one of the six banks nationalized by the Government of India in April 1980, and today, they are one of 19 nationalized banks in India. It was oversubscribed by 50…

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Punjab & Sind Bank IPO subscribed 29.77 times on day three

Posted on: December 15th 2010 in IPO Views.

Initial public offering of Punjab & Sind Bank subscribed 29.77 times on day three. It received bids for 1,190.65 million shares as against 40 million shares on offer. A total of 77.57 million bids were received at cut-off price. The price band has been set at Rs 113-120 a share. The…

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