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February 23, 2010 - February 25, 2010

United Bank of India IPO FAQ

United Bank of India IPO Date & Price

The United Bank of India IPO opens on February 23, 2010 and closes on February 25, 2010.

Sorry the United Bank of India IPO timelines are not available at this time.

United Bank of India IPO price is set at ₹66 per equity share.

United Bank of India IPO will close for subscription at 5 PM on February 25, 2010. But most brokers stop accepting application between 1 PM to 3 PM.

The United Bank of India IPO starts on February 23, 2010. The issue ends on February 25, 2010.

United Bank of India IPO Issue Size and Subscription Status

The United Bank of India IPO size is 50000000 Equity Shares of ₹10 aggregating up to ₹324.98 Cr.

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

United Bank of India IPO Offer Size

Qualified Institutional Buyers (QIB)28,500,000 Shares
Non-Institutional Investors (NII)4,750,000 Shares
Retail Individual Investor (RII)14,250,000 Shares
Employee Reservations2,500,000 Shares
Other Reservations0 Shares
Total Issue Size50,000,000 Shares

United Bank of India IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)47.08 times times
Non-Institutional Investors (NII)39.15 times times
Retail Individual Investor (RII)9.80 times times
Employee Reservations0.53 times times
Other Reservations times
Total Issue Size33.38 times times

Click here to check the United Bank of India 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 United Bank of India 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 United Bank of India 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.

United Bank of India IPO Allotment and Listing

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

Click here to check United Bank of India IPO Allotment Status.

United Bank of India IPO listing Date is March 18, 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 United Bank of India IPO listing date and time is published by the exchange in a circular.

Click here to view the United Bank of India IPO Basis of Allotment.

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

The United Bank of India IPO shares will list on March 18, 2010 at BSE, NSE.

United Bank of India 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 United Bank of India IPO which could help you with questions like United Bank of India IPO buy or not? You should also read United Bank of India 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.

United Bank of India 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 United Bank of India IPO performance. The performance reports are available 1 day after listing.