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United Bank of India to list on March 18
By
SiliconIndia,Wednesday, 17 March 2010, 00:32 Hrs
Mumbai: Government owned United Bank of India has fixed Thursday, March 18, 2010 as the listing day for its equity shares, which issued recently via public issue of five crore shares. The bank has fixed the issue price at 
66, at higher end of price band of 60-66 per share.
The issue, which opened during February 23-25, had received overwhelming response from all kinds of investors. It was subscribed 33.38 times.
A discount of 3 was offered to retail shareholders and eligible employees. The issue was constituted 15.80 percent of the post issue paid-up capital.
66, at higher end of price band of 60-66 per share.The issue, which opened during February 23-25, had received overwhelming response from all kinds of investors. It was subscribed 33.38 times.
A discount of
3 was offered to retail shareholders and eligible employees. The issue was constituted 15.80 percent of the post issue paid-up capital.
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