Punjab and Sind Bank IPO oversubscribed 48.74 times till 5 PM on the closing day

Punjab and Sind Bank IPO has been oversubscribed 48.74 times on an overall basis till Thursday, December 16, 2010 1700 hrs IST as per data available on the NSE website. The Retail Category has also received overwhelming response with the category getting overbid by more than 30 times till now

Punjab and Sind Bank IPO had received a good response from its opening and was subscribed 29.77 times on an overall basis till Day 3, December 15, 2010