Punjab & Sind Bank IPO News NSE - BSE

Punjab & Sind Bank IPO Subscription Details.
Punjab & Sind Bank NSE Symbol : PNSB.
Punjab & Sind Bank IPO Issue Period : December 13, 2010 to December 16 2010 [QIB bidders Issue closes on Dec 15, 2010].
Punjab & Sind Bank Issue Size : 4,00,00,000 Equity Shares Of Rs. 10 face value Each.
Punjab & Sind Bank Price Band - Range : Rs 113 to Rs 120.
Punjab & Sind Bank Market Lot Size : 50 Equity Shares.
Minimum Order Quantity : 50 Equity Shares.
Maximum Order Quantity : 4,00,00,000 shares.
IPO Market Timings in NSE - BSE : 10.00 a.m. to 5.00 p.m.
Maximum Subscription Amount for Retail Investor : Rs.200000. (Recently SEBI increased limit to Rs 2 lakh).
Issue Type : 100% Book Building type.
IPO Grade : IPO Grade 4.
Rating Agency : CARE.
Book Running Lead Manager : SBI capital markets limited,Enam securities private limited,ICICI securities limited.
Syndicate Member : SBICAP Securities Limited.
Name and address of registrar : Link Intime India Private Limited, C 13, Pannalal Silk Mills Compound,LBS Marg, Bhandup (West),Mumbai 400 078.
Punjab & Sind Bank IPO Subscription Status in NSE - BSE :
Total Bids Received : 2029886650 shares.
Total Bids Received at Cut-off Price : 495854050 shares.
Number of times subscribed : 50.75 times.
Qualified Institutional Buyers (QIBs) : 49.80 times.
Non Institutional Investors : 85.84 times.
Retail Individual Investors (RIIs) : 44.45 times.
Employee Reservation : 3215200 shares, 1.61 times.
Punjab & Sind Bank IPO Subscription Live Status at NSE - BSE : "Punjab & Sind Bank IPO" live subscription status will be available at National Stock Exchange - NSE Website and Bombay Stock Exchange - BSE Website. Total NSE and BSE combined status available here.
Online Subscription : Investors can subscribe through their online trading account. Eg, ICICI Direct, India Infoline, Indiabulls, Sharekhan, Kotak securities, Reliance Money, SBI Demat, HDFC Securities, Motilal Oswal, etc.
Listing Date - Expected Listing Price of Punjab & Sind Bank
Expected Punjab & Sind Bank IPO Listing Date : January 03, 2011.Expected Punjab & Sind Bank IPO Listing Price : Rs 180 to 200, Expect the stock will list above 50 percent listing gains due to over response from all sides of investors.
Allotment status will update once shares allotted. Everything will update time to time.
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