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December 13, 2010 - December 16, 2010

Punjab & Sind Bank IPO FAQ

Punjab & Sind Bank IPO Date & Price

The Punjab & Sind Bank IPO opens on December 13, 2010 and closes on December 16, 2010.

Sorry the Punjab & Sind Bank IPO timelines are not available at this time.

Punjab & Sind Bank IPO price is set at ₹120 per equity share.

Punjab & Sind Bank IPO will close for subscription at 5 PM on December 16, 2010. But most brokers stop accepting application between 1 PM to 3 PM.

The Punjab & Sind Bank IPO starts on December 13, 2010. The issue ends on December 16, 2010.

Punjab & Sind Bank IPO Issue Size and Subscription Status

The Punjab & Sind Bank IPO size is 40000000 Equity Shares of ₹10 aggregating up to ₹470.82 Cr.

Punjab & Sind Bank is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Punjab & Sind Bank IPO shares through the banks (using ASBA) or through the broker (using UPI).

Punjab & Sind Bank IPO Offer Size

Qualified Institutional Buyers (QIB)19,000,000 Shares
Non-Institutional Investors (NII)5,700,000 Shares
Retail Individual Investor (RII)13,300,000 Shares
Employee Reservations2,000,000 Shares
Other Reservations0 Shares
Total Issue Size40,000,000 Shares

Punjab & Sind Bank IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)49.80 times times
Non-Institutional Investors (NII)85.84 times times
Retail Individual Investor (RII)44.45 times times
Employee Reservations1.61 times times
Other Reservations times
Total Issue Size50.75 times times

Click here to check the Punjab & Sind Bank IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Punjab & Sind Bank IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Punjab & Sind Bank IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Punjab & Sind Bank IPO Allotment and Listing

The tentative date for Punjab & Sind Bank IPO allotment status is not available at this time. You can check the Punjab & Sind Bank IPO Allotment Status as soon as it is available.

Click here to check Punjab & Sind Bank IPO Allotment Status.

Punjab & Sind Bank IPO listing Date is December 30, 2010. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Punjab & Sind Bank IPO listing date and time is published by the exchange in a circular.

Click here to view the Punjab & Sind Bank IPO Basis of Allotment.

It is hard to say at what price Punjab & Sind Bank IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Punjab & Sind Bank IPO shares will list on December 30, 2010 at BSE, NSE.

Punjab & Sind Bank IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Punjab & Sind Bank IPO which could help you with questions like Punjab & Sind Bank IPO buy or not? You should also read Punjab & Sind Bank IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Punjab & Sind Bank IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Punjab & Sind Bank IPO performance. The performance reports are available 1 day after listing.