The IPO saga is going full throttle.We have had new IPO’s hitting the Indian Stock Markets almost every week now.The initial offering’s turned out to be duds on the day of listing but a few have really sizzled with Cox & Kings and Jubilant Foodworks listing at huge premiums and maintaining the steam after listing too.
Now, we have a banking IPO in the form of United Bank Of India
After receiving the board’s approval for a IPO offer a few months back, United Bank of India will finally be up for subscription soon.
United Bank Of India IPO
- Price Range : INR60-INR66 apiece
- Subscription Open : Feb 23,2010
- Subscription Closed: Feb 25, 2010
- Number of Shares Offered : 50 Million