Punjab National Bank IPO

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Public issue of up to 80000000 equity shares of Rs 10 each for cash at a price of Rs 390 per equity share aggregating Rs 3120 crore (the issue) by Punjab National Bank (the bank or the issuer). The issue comprises of a net issue to the public of upto 64000000 equity shares of Rs 10 each (the net issue), a reservation for employees of up to 8000000 equity shares of Rs 10 each and a reservation for existing shareholders of upto 8000000 equity shares of Rs 10 each, at the issue price.

Punjab National Bank IPO Subscription Details


Punjab National Bank

Issue Type

(Book Built Portion)

Open Date

07 Mar

Close Date

11 Mar

Offer Price


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How to apply IPO on 5paisa app?

  • Login to your 5paisa Mobile Trading App and select the issue in the current IPO section
  • Enter the number of lots and price at which you wish to apply for
  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
  • You will receive a notification to block funds in your UPI app
  • Approve the block request

Punjab National Bank IPO Frequently Asked Questions

Stove Kraft Ltd, kitchen appliances manufacturer is coming up with its Initial public Offerings on January 25 with the public issue comprising a fresh issue size of ₹412.63Cr.

You can apply for the Stove Kraft IPO using any supported UPI apps. To Apply on 5paisa App follow the procedure mentioned above. For further details Click Here.

Stove Kraft IPO will open on January 25, 2021.

Stove Kraft IPO Lot size is 38 equity shares, that means you can apply for one lot consisting 38 equity shares.

Shares of Stove Kraft will be getting allotted on 02nd February,2021.

Stove Kraft Shares will be getting listed on 05 February, 2021.

Here is the minimum investment calculation of Stove Kraft IPO
Lot size – 38 * Issue Price ₹385 = ₹14,630
Hence the minimum investment amount required to invest in Stove Kraft IPO is ₹14,630. As per the maximum limit that is allowed by SEBI you can apply for 13 lots.

No, one bank account one IPO application is allowed.

Cut off Price for Stove Kraft IPO is ₹14,630

Read more IPO FAQs

Contact Details of Punjab National Bank IPO

Company Contact Information

Punjab National Bank IPO
Plot No 4 Sector 10,
New Delhi, New Delhi 110075.

Phone: 91-11-28075000/28045000/28044866
Email: eicsmead@pnb.co.in/md@pnb.co.in

Punjab National Bank IPO Register


Punjab National Bank IPO Lead Manager(s)

  • DSP Merrill Lynch Ltd
  • Enam Financial Consultants Pvt Ltd
  • ICICI Securities & Finance Company Ltd
  • ICICI Securities Ltd
  • JM Morgan Stanley Pvt Ltd
  • Kotak Mahindra Capital Company Ltd
  • SBI Capital Markets Ltd

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