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United Bank of India IPO Subscription Details (Live Status)

United Bank of India IPO Details

Issue Open Feb 23, 2010
Issue Close Feb 25, 2010
IPO Price ₹66
Face Value ₹10
IPO Size ₹324.98 Cr
Listing At BSE, NSE
IPO Lot Size 100
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United Bank of India IPO Subscription Status Live

United Bank of India IPO subscribed 33.38 times. The public issue subscribed 9.80 times in the retail category, 47.08 times in QIB, and 39.15 times in the NII category by Feb 25, 2010.

Investor CategorySubscription (times)
Qualified Institutions47.08
Non-Institutional Buyers39.15
Retail Investors9.80
Employees0.53
Others[.]
Total33.38

United Bank of India IPO Subscription Details (times)

DateQIBNIIRetailEMPTotal
Day 1
Feb 23, 2010
3.240.000.120.011.88
Day 2
Feb 24, 2010
4.131.010.700.122.65
Day 3
Feb 25, 2010
47.0839.159.800.5333.38

United Bank of India IPO Shares Offered

United Bank of India IPO is a public issue of 50,000,000 equity shares. The issue offers 14,250,000 shares to retail investors, 28,500,000 shares to qualified institutional buyers, and 4,750,000 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr)
QIB28,500,000188.10
NII4,750,00031.35
Retail14,250,00094.05
Employee2,500,00016.50
Total50,000,000330.00

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)

    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.

  • Non-Institutional Investors(NII)

    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.

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2,00,000 in an IPO are considered as RII reserved category.

  • Employee (EMP)

    A category of eligible employees who have a reserved quota in the IPO.

  • Others

    A category of eligible shareholders or other investors who have a reserved quota in the IPO.

United Bank of India IPO Subscription FAQs

The United Bank of India IPO is subscribed 33.38 by Feb 25, 2010.

United Bank of India IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional47.08
Non Institutional39.15
Retail Individual9.80
Employee Reservations0.53
Others[.]
Total Subscription33.38

Retail category of United Bank of India IPO subscribed 9.80 times as of date Feb 25, 2010. The public issue closes on Feb 25, 2010 for bidding.

An investor can apply in United Bank of India IPO online via bank (using ASBA) or the broker (using UPI). The United Bank of India IPO shares are offered online only.

The United Bank of India IPO is subscribed 33.38 by Feb 25, 2010.

The United Bank of India IPO allotment status is expected on or around . Visit United Bank of India IPO allotment status to check.

The United Bank of India IPO listing date is Thursday, March 18, 2010. The equity share of United Bank of India will list on BSE, NSE.

Visit United Bank of India IPO subscription status page for real-time bidding information about United Bank of India IPO.

United Bank of India IPO Timetable

IPO Opens OnFeb 23, 2010
IPO Closes OnFeb 25, 2010
Finalisation of Basis of Allotment
Initiation of Refunds
Credit of Shares to Demat Account
IPO Listing Date