IPO

United Bank of India(Merged) IPO

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Public Issue of 5,00,00,000 equity shares of face value of Rs. 10 each of United Bank of India (The Bank or The Issuer) for cash at a price of Rs. 66/- per equity share (Including a share premium of Rs. 56/- per equity share) aggregating to Rs. 324.98 crores (The Issue). The Issue comprises of net issue of 4,75,00,000 equity shares of face value of Rs. 10 each to the public (Net Issue) and a reservation of 25,00,000 equity shares for subscription by eligible employees (The Employee Reservation Portion). The Issue would constitute 15.80% of the post issue paid-up capital of the Bank and the net issue will constitute 15.01% of the post issue paid up capital of the Bank. (A discount of Rs. 3/- to the issue price determined pursuant to completion of the Book Building Process has been offered to Retail individual bidders and eligible employees (The Retail Discount)) The Issue Price: Rs. 66/- per equity share of face value Rs. 10 each. The Issue Price is 6.6 times of the face value.

United Bank of India(Merged) IPO Subscription Details

Company

United Bank of India(Merged)

Issue Type

(Book Built Portion)

Open Date

23 Feb

Close Date

25 Feb

Offer Price

66.00

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  • 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

United Bank of India(Merged) IPO Frequently Asked Questions

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Contact Details of United Bank of India(Merged) IPO

Company Contact Information

United Bank of India(Merged) IPO
United Tower,
11 Hemanta Basu Sarani,
Kolkata, West Bengal 700001.

Phone: 91-033-2248472/22483857
Email: investors@unitedbank.co.in

United Bank of India(Merged) IPO Register

Link Intime India Pvt Ltd

United Bank of India(Merged) IPO Lead Manager(s)

  • Edelweiss Capital Ltd
  • Enam Securities Pvt Ltd
  • SBI Capital Markets Ltd

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