Thursday, February 25, 2010

United Bank of India IPO finally subscribed 33.38 times,

United Bank of India IPO finally subscribed 33.38 times. United Bank of India IPO was open on Feb 23, 2010 and closed today on Feb 25, 2010 for subscription. United Bank has received bids for 1,66,88,50,900 shares as against issue size of 5,00,00,000 shares.


Sr.No.CategoryNo.of shares offered/reservedNo. of shares bid forNo. of times of total meant for the category
1Qualified Institutional Buyers (QIBs)28500000134184710047.0824
1(a)Foreign Institutional Investors (FIIs) 701370100 
1(b)Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) 478519100 
1(c)Mutual Funds 161957900 
1(d)Others 0 
2Non Institutional Investors475000018597450039.1525
2(a)Corporates 127182800 
2(b)Individuals (Other than RIIs) 41695900 
2(c)Others 17095800 
3Retail Individual Investors (RIIs)142500001397041009.8038
3(a)Cut Off 126078900 
3(b)Price Bids 13625200 
4Employee Reservation250000013252000.5301
4(a)Cut Off 1218700 
4(b)Price Bids 106500

United Bank of India IPO Allotment status, United Bank of India IPO Listing Date and United Bank IPO Bidding status can be seen on United Bank of India detail page.