Exchanges
BSE, NSE
Issue
Book building

United Bank of India IPO

₹68.65

+4.02% on listing

Listing-day close · NSE · 18 Mar 2010 · issue price ₹66

United Bank of India’s ₹325 crore IPO was priced at ₹66 a share. It listed on the NSE on 18 Mar 2010 and closed its first day at ₹68.65, up 4.02% on the issue price.

Timeline

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

Issue details

Issue size
₹325 Cr
Fresh issue
₹325 Cr
Offer for sale
—
Lot size
100 shares
Minimum investment
₹6,600
Face value
₹10
Registrar
MUFG Intime India

Subscription

United Bank of India IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—33.24×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹2,088 Cr
Promoter holding
100.00% → 84.20%

From the offer documents.

Listing

Listing date
18 Mar 2010
Issue price
₹66
Open
₹74.90
High
₹77.00
Low
₹68.00
Close
₹68.65

Listing day on the NSE. The close was +4.02% on the issue price.

FAQs

When did the United Bank of India IPO open and close?

It opened on 23 Feb 2010 and closed on 25 Feb 2010.

What was the United Bank of India IPO price?

The price band was ₹60–66 a share. The final issue price was ₹66.

What is the lot size and minimum investment?

One lot is 100 shares, ₹6,600 at ₹66 a share. Retail investors apply in whole lots.

How much did United Bank of India raise?

₹325 crore: ₹325 crore of new shares.

How many times was the United Bank of India IPO subscribed?

33.24 times overall.

How did United Bank of India list?

It listed on the NSE on 18 Mar 2010 at ₹74.90 and closed the day at ₹68.65, up 4.02% on the ₹66 issue price.

Who is the registrar of the United Bank of India IPO?

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

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

Full disclaimer

See how an IPO fits your plan

Armor checks every holding against your goals, risk and timeline.

Get the app