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| Issue Open | Dec 13, 2010 |
| Issue Close | Dec 16, 2010 |
| IPO Price | ₹120 |
| Face Value | ₹10 |
| IPO Size | ₹470.82 Cr |
| Listing At | BSE, NSE |
| IPO Lot Size | 50 |
Punjab & Sind Bank IPO subscribed 50.75 times. The public issue subscribed 44.45 times in the retail category, 49.80 times in QIB, and 85.84 times in the NII category by Dec 16, 2010.
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutions | 49.80 |
| Non-Institutional Buyers | 85.84 |
| Retail Investors | 44.45 |
| Employees | 1.61 |
| Others | [.] |
| Total | 50.75 |
| Date | QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|---|
Day 1 | 2.94 | 0.18 | 0.40 | 0.51 | 0.68 |
Day 2 | 6.26 | 6.90 | 2.09 | 0.92 | 4.70 |
Day 3 | 49.80 | 22.91 | 8.38 | 1.22 | 29.77 |
Day 4 | 49.80 | 85.84 | 44.45 | 1.61 | 50.75 |
Punjab & Sind Bank IPO is a public issue of 40,000,000 equity shares. The issue offers 13,300,000 shares to retail investors, 19,000,000 shares to qualified institutional buyers, and 5,700,000 shares to non-institutional investors.
| Category | Shares Offered | % |
|---|---|---|
| QIB | 19,000,000 | 47.50% |
| NII | 5,700,000 | 14.25% |
| Retail | 13,300,000 | 33.25% |
| Employee | 2,000,000 | 5.00% |
| Total | 40,000,000 | 100% |
Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.
Individual investors, NRIs, companies, trusts, etc who bid for more than Rs 2 lakhs are known as Non-institutional bidders or NII. They need not register with SEBI like QIIs.
The retail individual investor or NRIs who apply up to Rs 2,00,000 in an IPO are considered as RII reserved category.
A category of eligible employees who have a reserved quota in the IPO.
A category of eligible shareholders or other investors who have a reserved quota in the IPO.
The Punjab & Sind Bank IPO is subscribed 50.75 by Dec 16, 2010.
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutional | 49.80 |
| Non Institutional | 85.84 |
| Retail Individual | 44.45 |
| Employee Reservations | 1.61 |
| Others | [.] |
| Total Subscription | 50.75 |
An investor can apply in Punjab & Sind Bank IPO online via bank (using ASBA) or the broker (using UPI). The Punjab & Sind Bank IPO shares are offered online only.
The Punjab & Sind Bank IPO is subscribed 50.75 by Dec 16, 2010.
The Punjab & Sind Bank IPO allotment status is expected on or around . Visit Punjab & Sind Bank IPO allotment status to check.
Visit Punjab & Sind Bank IPO subscription status page for real-time bidding information about Punjab & Sind Bank IPO.
| IPO Opens On | Dec 13, 2010 |
| IPO Closes On | Dec 16, 2010 |
| Finalisation of Basis of Allotment | |
| Initiation of Refunds | |
| Credit of Shares to Demat Account | |
| IPO Listing Date |
Useful Articles
Rs 0 Eq Delivery Brokerage
Flat ₹10 Per Trade in F&O
Rs 0 Demat AMC
