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. The primary business of Punjab & Sind Bank is taking deposits and making advances and investments, and is divided into retail banking, corporate banking, priority sector banking, treasury operations and other banking services such as agency functions for insurance, distribution of mutual funds and pension and tax collection services.
In retail banking, they provide loans and advances for housing, trade, automobiles, consumer durables, education and personal loans. They provide commercial banking products and services to corporate customers, including mid-sized and small businesses and government entities. As on July 31, 2010, their network comprised of 920 branches and 63 ATMs across India and had a total of 8,116 employees, serving over 0.60 crore customers.
Objects of the Issue:The Object of the issue are:
1. To augment capital base to meet future capital requirement;2. General corporate purposes.
»» Issue Open: Dec 13, 2010 - Dec 16, 2010
Punjab & Sind Bank IPO Grading / Rating
CARE Limited has assigned an IPO Grade 4 to Punjab & Sind Bank IPO. This means as per CARE, company has 'Above Average Fundamentals'. CARE assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Click here to download the CARE IPO Grading Document for Punjab & Sind Bank.
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Punjab & Sind Bank IPO Tags:
Punjab & Sind Bank Allotment,Punjab & Sind Bank IPO Subscription, Punjab & Sind Bank Retail Subscription, Punjab & Sind Bank Listing, Punjab & Sind Bank IPO, Punjab and Sind Bank IPO,Punjab & Sind Bank IPO Bidding, Punjab & Sind Bank IPO Allotment Status, Punjab & Sind Bank IPO drhp and Punjab & Sind Bank IPO listing.
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Punjab & Sind Bank IPO Listing Date
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Punjab & Sind Bank IPO Messages (Punjab & Sind Bank IPO Comments)
IOC ka chairman kabhi 450 pay fpo lanay ki baat karta hi,kabhi bolta hi abhi market faver may nahi hi, inko yah nahi malom ki market may is tarah ki rumer kitno ko lose pahucha sakti hi.
1 Barrel = 159 Liter, current oil rate 92 dollar/barrel , 1 dollar = 46 rupees , petrol price = 31 Rupees/liter, Gotala govt. 62 rupees/liter (double) rate may sell kar rahi hi ,and public ko bool rahi hi lose pay sell kar rahay hi, Andher nagri caupat raja aum janta ki pahuch say door bhaji aur kaja.
Gotala Govt. NHPC,SJVNL may retailers ko loot lay gai retailers rota muh takta rah gaya.
The market price of Punjab and Sind Bank has slipped below issue price. But total subscription was 51 times. We should not destroy our hard-earned money at least in future by subscribing to such IPOs. Most of the IPOs have given loss only. Should we not intelligent enough not to destroy our hard-earned wealth?
SAIL fpo price band may be 65 to 75.
Today rate of this script went down. In this rate shares are purchased or not?
Kus achay nayta bhi unko samnay ana chahiya , govt. Ko yah batana chahiya ki swis bank may 73 lakh karors kinka jama hi, govt. Ki ismay kiya bomika hi, govt. Isko apnay Bhart may kaisay laygi, income tax department kiya karay ga.
Hindustan coper ka fpo 120 say 140 pay a raha hi retailers ko 5%discount milay ga, jam kay sell karo , short sell bhi maro, yah bhi MOIL, NHPC,NTPC, NMDC ki tarh over valud hi, listing kay baad bhi 100 say 150 kay beach 2 years tak rahay ga.
“ARE RETAIL INVESTORS WAKING UP?”
Be careful choor companies ipo like NHPC, I.B power, Cantabil, embi poly ,orient green, shree ganesh. Don,t take 10:1 risk in ipo market, secondary market very good operchunites.
@ 1361 - Ajay Yadav
Dear Mr K.K.Nataraj, Mr Sreedhar, Mr Aryanraj, IPOFinder & all other friends,
SEBI+Pramoters+Lead managers+HNIs ki caugadi dwara year 2011 ka sub say bada gotala, retailes limit 2 lakh karna.
Chivitra: Shorting means without having scrip you can buy or sell and cover it on the same day. If u want to do shorting you have to watch the stock's DMA atleast for 1 week. You have to arrive at its high and low during the period. For eg. Tecpro's low is Rs.363 and high is Rs.390. It is a low volume scrip but still you can make money if you first enter at Rs.363-365 and hold it for a week or 10 days and definitely it will rise to Rs.385-390 and you can come out.
Wishing you very happy new year 2011 all citizen of india.