United Bank IPO - Basis of Allotment - Indian IPO Blog

Tuesday, March 16, 2010

United Bank IPO - Basis of Allotment

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No. of Sh Applied No. of Sh Allotted Ratio
100 100 4:37
200 100 8:37
300 100 12:37
400 100 16:37
500 100 20:37
600 100 24:37
700 100 28:37
800 100 32:37
900 100 36:37
1000 108 1:1
1100 119 1:1
1200 130 1:1
1300 140 1:1
1400 151 1:1
1500 161 1:1

The Retail Category was over-subscribed 9.27 times. In case of Retail Investors, the shares were allotted at a discount of Rs 3/- per equity share to the issue Price of Rs 66/- equity share. The total number of shares allotted in this category is 1,45,02,330 Equity Shares to 1,02,485 successful applicants

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