United Bank of India(Merged)

SBI Capital Markets Ltd

Public Issue of 5,00,00,000 equity shares of face value of Rs. 10 each of United Bank of India (The Bank or The Issuer) for cash at a price of Rs. 66/- per equity share (Including a share premium of Rs. 56/- per equity share) aggregating to Rs. 324.98 crores (The Issue). The Issue comprises of net issue of 4,75,00,000 equity shares of face value of Rs. 10 each to the public (Net Issue) and a reservation of 25,00,000 equity shares for subscription by eligible employees (The Employee Reservation Portion). The Issue would constitute 15.80% of the post issue paid-up capital of the Bank and the net issue will constitute 15.01% of the post issue paid up capital of the Bank.(A discount of Rs. 3/- to the issue price determined pursuant to completion of the Book Building Process has been offered to Retail individual bidders and eligible employees (The Retail Discount))The Issue Price: Rs. 66/- per equity share of face value Rs. 10 each.The Issue Price is 6.6 times of the face value.

  • Issue

    • Opens On23 Feb 2010
    • Closes On25 Feb 2010
  • Money Payable On

    • Application66
    • Allotment0
  • Project Cost (Cr.)324.98
  • Post Issue Equity Share Capital (Cr.)316.43
  • Issue Price (D)66

Further Multiples of: 100

Projects

  • Promoted By
    • Listing AtNSE
    • Registrar to the Issue - Link Intime India Pvt Ltd

    United Tower 11 Hemanta Basu Sarani Kolkata

    West Bengal- 700001

    Phone - 91-033-2248472/22483857

    Fax - 91-033-22489391

    Email - investors@unitedbank.co.in

    Website - www.unitedbankofindia.com

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