Public issue of up to 4,00,00,000 equity shares of Rs. 10 each (The Equity Shares) for cash at a price of Rs. 120 per equity share of Punjab & Sind Bank (The Bank or The Issuer) aggregating Rs. 470.82 crore (The Issue). The issue comprises a net issue to the public of 3,80,00,000 equity shares (The Net Issue) and a reservation of 20,00,000 equity shares for subscription by eligible employees (The Employee Reservation Portion), at the issue price. The issue shall constitute 17.93% of the post-issue share capital of the bank. The net issue shall constitute 17.04% of the post-issue share capital of the bank.Issue price: Rs. 120 Per Equity Share of face value of Rs. 10 eachThe issue price is 12.0 times of the face value.