United Bank of India IPO Message Board (Page 29)

UNITED BANK OF INDIA IS LIKELY GOOD IPO

UNITED BANK OF INDIA IS LIKELY GOOD IPO

mr.61 IMRAN BHAI aap ne hisab galat likha hai. 1500 shares * Rs.63 = 94,500 hota hai.

Kindly tell me how much maximum number I can apply for retail and at what price for United Bank of India IPO

shreedher For u http://www.unitedbankofindia.com/press-19-feb-10.asp

hw many shares v will be alloted on application of 1lac and wats the premium

in arss those who apply thro asba retunded money on 25 feb on allotment

PLEASE LET ME KNOW WHY THIS UBI HAS ISSUED SUCH A LOW PRICE IPO

[B]Comparison[/B]
Allahabad Bank : PE -4.74, BV- 131, Price: 132 P/B -1.01
Syndicate Bank : PE- 5.04 BV- 88.6 Price : 82 P/B - 1.08
Dena Bank : PE- 4.55 BV- 67.95 Price : 76 P/B - 1.11
Vijaya Bank : PE- 4.35 BV- 53.47 Price : 48 P/B - 0.85

[B]United Bank PE- 4.30 BV- 94.52 Price Retail 63 P/B- 0.66[/B]

generally PSU banks trade closer to thier Book Value, hence [B]fair Price of United Bank should be between 90-95[/B]

Looks like a good Issue, but only worry is the oversubscription and hence chances of allotment

THANKS VINOD, Confirm can we apply for 1500 shares @ 63 or 66 being in retail category. i.e. to pay 99000 or94500 .

The bids can be made for a minimum lot of 100 equity shares and in multiples of 100 equity shares thereafter for all categories of investors.

Pl ref URL: http://www.unitedbankofindia.com/press-19-feb-10.asp

what is market lot of UNITED BANK OF INDIA IPO

as i have limited money and i am applying through asba only, i am able to apply for either of two man infra or UBI. please anybody suggest which is better deal

you can apply for UBI as you will get return round around 26th feb of ARSS, but what about people like me who are applying through ASBA

Anybody please tel me how i can apply thought ASBA with net banking.

BHUPINDER APPLY ON 25 CHEQUES WILL NOT COME TO UR BANK BEFORE TUESDAY 2 MARCH & BEFORE THAT U WILL RECIEVE REFUND OTHERWISE ON MONDAY U CAN STOP PAYMENT OF UR CHEQUE ON MONDAY OR LET IT BOUNCE FOR 100-300 CHARGES BUT U LOOK LIKE A FOOL BOKACHODA FIXED INCOMEWALA INVESTOR IN EQUITY U HAVE TO BE ONE STEP FORWARD TO OTHERS U CANT LEAVE AN OPPURTUNITY OF 3000-4000 INCOME AT 100-300 CHARGES FOR BOUNCE CHEQUE.....

dearipogem last date for UBI is25 if we receive refund of arss on 26 we will not be able to use for ubi . request advise accordingly .sorry for inconveniece

IF U INVEST RS 1 LAC IN EACH STOCK I M SURE IT WILL BE 2 LAC AFTER 2 YRS IF NOT THEN BE HAPPY BECAUSE U HAVE INVESTED IN GOOD COS......... NOT IN CHOR-CHOTTAS

i have come out a research report on few stocks that i loved over the years & they are unique cos in there field,can give good returns over 1-2 yrs, but they have ltd. downside if nifty goes to around 3800 then only these maxm. downside are expected to hit, these shares can be bought @ current price too -

1)PUNJLLOYD- BUY @ around 160-165,maxm downside 110-120, 1-2 yr target 300-400, trigers- fy'11 & '12 eps could be rs 15-20 so pe = 10-8 & simmon problem is over now.

2)JPASSOCIATE - Buy @ around 110-115, maxm downside 80-90, 1-2 yr target 180-230, triger - jp infra ipo, power divison, cement capacity operational,fy ' 11 & 12 eps could be 8-10 so pe = 14-10.

3)GSPL - BUY @ AROUND 70-80, maxm downside 50-60, 1-2 yr target 130-150, triger good growth shown by co in las qtr, fy'11 & '12 eps could be 8-12 so pe= 10-7.

4)BARTRONICS - Buy @ around 135-145, maxm downside 100-110, 1-2 yr target 220-300, triger UID project & only co in its space listed & promoters infusing capital @235/sh, fy '11 &'12 eps rs.40-50 so pe = 4-3.

5)COX & KINGS - BUY @ AROUND 380-400, maxm downside 330-340, 1-2 yr target of 550-650, triger valn of thomas cook cox may catch up soon,commonwealth games, fy '11 & '12 eps could be 28-35 so pe = 14-10

Imran Bhai,(66*5)/100=3.3 .So 66.0-3.3=62.7