The 4 Crore Equity Shares Initial Public Offering (IPO) of State-Owned PUNJAB & Sind Bank has opened for subscription today.

The bank aims to raise at around Rs 452-480 crore through IPO at a price band of Rs 113-120 per share.

Punjab & Sind Bank

Issue Open Date
13/12/2010
Issue Close Date
16/12/2010
Listing Date
30/12/2010
Face Value (Rs).
10.00
Offer Price/Range (Rs).
113.00-120.00
Issued at (Value)
Premium(110.00)
Issue Size(Retail)
13300000.00Shares@120.00/share
Issue Type
Public Issue (Book Building)

RETURN ON

Holding Period Return
59.96%
67.11%
Holding Period (Days)
2046
2032
Annual Returns
10.70 %
12.05 %

Holding Period Return calculation on basis of 365 Days