IPO

Union Bank of India IPO

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Public issue of up to 45,000,000 equity shares of Rs. 10 each for cash at a price of Rs.110 per equity share aggregating Rs.495 crores by Union Bank of India (the Bank or Issuer). The issue comprises a net issue to the public of up to 40,500,000 equity shares of Rs. 10 each (the Net Issue) and a reservation for eligible employees of up to 4,500,000 equity shares of Rs. 10 each, at the issue price. The issue will Constitute 8.91% of the total post issue paid-up equity capital of the bank. The face value of the shares is Rs. 10 and the fixed price is 11 times of the face value.

Union Bank of India IPO Subscription Details

Company

Union Bank of India

Issue Type

(Book Built Portion)

Open Date

15 Feb

Close Date

21 Feb

Offer Price

110.00

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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

Union Bank of India IPO Frequently Asked Questions

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Contact Details of Union Bank of India IPO

Company Contact Information

Union Bank of India IPO
239 Vidhan Bhavan Marg,
Nariman Point UnionBank Bhavan,
Mumbai, Maharashtra 400021.

Phone: 91-22-22896643/36
Email:

Union Bank of India IPO Register

MCS Limited

Union Bank of India IPO Lead Manager(s)

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

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