Wednesday, February 24, 2010

United Bank of India IPO subscribed 2.65 times on day 2

Chittorgarh.com,


United Bank of India IPO subscribed 2.65 times on its day 2. United Bank of India IPO was open on Feb 23, 2010 and will close on Feb 25, 2010 for subscription. United Bank has received bids for 13,27,36,100 shares as against issue size of 5,00,00,000 shares.


Oversubscription detail for Day 2


Qualified Institutional Buyers (QIBs): 4.1297 Times


Non Institutional Investors: 1.0050 Times


Retail Individual Investors (RIIs): 0.7001 Times


Employee: 0.1161 Times


Total: 2.65 Times


Click on the below link to find more detail about United Bank of India IPO:


http://www.chittorgarh.com/ipo/ipo_detail.asp?a=229

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