UBI IPO Rs.60-65, on Feb23-25

United Bank of India IPO details:-
 
 
BRLM                :        SBI Capital Markets/Edelweiss Capital Limited/Enam Securities P. Ltd

Issue Opens        :        February 23, 2010

Issue Closes        :        February 25, 2010

Price Band                 :        Rs 60 - Rs 66 per Equity Share
 
Bid Lot Size         :        100 Equity Shares into Multipiles of 100 Equity Shares

Retail Discount         :        5% (Investor has to pay full amount on application. Discount will be adjusted on Basis of Allotment)
 
Registrar                :        Link Intime India Private Limited

Total Issue Size        :        5,00,00,000 Equity Shares (Rs.300 Crores at lower band and Rs.330 Crores at upper band)

Net Issue                :        4,75,00,000 Equity Shares (Rs.285 Crores at lower band and Rs.313.50 Crores at upper band)

QIB                        :         2,85,00,000(60% of Net Issue) Equity Shares (Rs.171 Crores at lower band and Rs.188.10 Crores at upper band)

HNI                        :        47,50,000(10% of Net Issue) Equity Shares (Rs.28.50 Crores at lower band and Rs.31.35 Crores at upper band)

Retail                        :        1,42,50,000(30% of Net Issue) Equity Shares (Rs.85.50 Crores at lower band and Rs.94.05 Crores at upper band)

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