United Bank of India(Merged) IPO
IPO Details
- Open Date 23-Feb-10
- Close Date 25-Feb-10
- Lot Size 100
- IPO Size ₹ 324.98 Cr
- IPO Price Range ₹ 66
- Min Investment ₹ 6600
- Listing Exchange -
- Basis of Allotment TBA
- Refunds TBA
- Credit to Demat Account TBA
- Listing Date TBA
IPO Synopsis
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) Financial Status
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Contact Details of United Bank of India(Merged) IPO
Contact Information
United Tower,
11 Hemanta Basu Sarani,
Kolkata, West Bengal 700001
United Bank of India(Merged) IPO Lead Manager
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