Exchanges
BSE, NSE
Industry
Public Sector Bank
Issue
Book building

Punjab & Sind Bank IPO

₹127.15

+5.96% on listing

Listing-day close · NSE · 30 Dec 2010 · issue price ₹120

Punjab & Sind Bank’s ₹471 crore IPO was priced at ₹120 a share. It listed on the NSE on 30 Dec 2010 and closed its first day at ₹127.15, up 5.96% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Listing

Issue details

Issue size
₹471 Cr
Fresh issue
₹471 Cr
Offer for sale
—
Lot size
50 shares
Minimum investment
₹6,000
Face value
₹10
Registrar
MUFG Intime India

Subscription

Punjab & Sind Bank IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—50.37×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹2,677 Cr
Promoter holding
100.00% → 82.07%

From the offer documents.

Listing

Listing date
30 Dec 2010
Issue price
₹120
Open
₹144.00
High
₹146.70
Low
₹126.20
Close
₹127.15

Listing day on the NSE. The close was +5.96% on the issue price.

PSB share price today

FAQs

When did the Punjab & Sind Bank IPO open and close?

It opened on 13 Dec 2010 and closed on 16 Dec 2010.

What was the Punjab & Sind Bank IPO price?

The price band was ₹113–120 a share. The final issue price was ₹120.

What is the lot size and minimum investment?

One lot is 50 shares, ₹6,000 at ₹120 a share. Retail investors apply in whole lots.

How much did Punjab & Sind Bank raise?

₹471 crore: ₹471 crore of new shares.

How many times was the Punjab & Sind Bank IPO subscribed?

50.37 times overall.

How did Punjab & Sind Bank list?

It listed on the NSE on 30 Dec 2010 at ₹144.00 and closed the day at ₹127.15, up 5.96% on the ₹120 issue price.

Who is the registrar of the Punjab & Sind Bank IPO?

MUFG Intime India handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

Full disclaimer

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