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Punjab & Sind Bank
Sector: Banking & Financial Services
Issue Date and Size | |
|---|---|
Issue opens | 13-Dec-10 |
Issue closes | 16-Dec-10 |
Listing on | BSE, NSE |
Price Band | 113-120 |
Shares on Offer | Lakhs |
|---|---|
Total shares offered | 400.00 |
Of above, offered to public | 380.00 |
Post-issue shares | 2,230.56 |
Post-issue promoters' holding(%) | 82.07 |
Lead Managers & Registrar | |
|---|---|
Lead Manager(1) | SBI Capital Markets Limited |
E-mail | psb.ipo@sbicaps.com |
Lead Manager(2) | Enam Securities Pvt Ltd |
E-mail | |
Registrar | Link Intime India Pvt Ltd |
E-mail | psb.ipo@linkintime.co.in |
Company Contact Details | |
|---|---|
Company's address | Bank House, 21, Rajendra Place, New Delhi. |
Pincode | 110 008 |
Tel No. | 91 11 2572 0849 |
Fax No. | 91 11 2578 1639 |
Website | http://www.psbindia.com |
Description
It is a GoI undertaking, incorporated in June 1908 in Amritsar. It is one of 19 nationalized banks in India. Its primary business is taking deposits, and making advances and investments, and is principally divided into retail banking, corporate banking, priority sector banking, treasury operations and other banking services such as agency functions for insurance, distribution of mutual funds and pension and tax collection services.
Objects of Issue
To augment capital base to meet the future capital requirements arising out of the growth in assets due to the growth of the Indian economy.
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