Punjab and Sind Bank
PriceRs. 470.82
Tuesday, January 11, 2011
The government today fixed a price band of 113 to 120 per equity share for raising up to Rs.60 crores.The type of the issue is 100 percent Book Built Issue IPO and the market lot is 50 shares.
Incorporated in 1908, Punjab & Sind Bank is a Government of India (GoI) undertaking bank started in Amritsar. They were one of the six banks nationalized by the Government of India in April 1980, and today, they are one of 19 nationalized banks in India. In retail banking, they provide loans and advances for housing, trade, automobiles, consumer durables, education and personal loans.
SBI capital markets, Enam securities and ICICI securities are the leading book running managers to the issue.
Incorporated in 1908, Punjab & Sind Bank is a Government of India (GoI) undertaking bank started in Amritsar. They were one of the six banks nationalized by the Government of India in April 1980, and today, they are one of 19 nationalized banks in India. In retail banking, they provide loans and advances for housing, trade, automobiles, consumer durables, education and personal loans.
SBI capital markets, Enam securities and ICICI securities are the leading book running managers to the issue.
