Punjab and Sind Bank, which listed on the exchanges, today, cooled off quite significantly on the premium count by the close of the listing day. The share initially opened at Rs.146.10 on BSE as against an Issue Price of Rs.120/- per share, at a premium of about 25.75% over the Issue Price, but drifted downwards soon enough from there and finally closed the listing day at Rs.127.05, at a rather distasteful premium of about 5.88% over the Issue Price

On the NSE as well, the share opened at Rs.144/- and touched an Intra-day High of Rs.146.70, before closing the listing day at Rs.126.40, i.e. at a premium of 5.33% over the Issue Price

Although the Issue Price for the Retail and Employees categories was at a Rs.114/- per share, considering a lot of 50 shares per application, there still wasn't much left on the table for the Retail Investors by the close of the Listing day

Punjab and Sind Bank IPO, which closed for subscription on Thursday, December 16, 2010, was finally oversubscribed by excellent oversubscription figures, the overall subscription being a staggering 50.75 times. The Retail Category was subscribed 44.45 times. The subscription in the QIB and HNI Category has also been concrete with those categories getting overbid 49.80 times and 85.84 times respectively

Punjab and Sind Bank, which listed on the exchanges today, opened at Rs.146.10 on the BSE as against its Issue Price of Rs.120/- per share (Rs.114/- per share for Retail and Employees categories)

Punjab and Sind Bank IPO closed for subscription on Thursday, December 16, 2010 and was oversubscribed by 50.75 times. In the Retail Category, Punjab and Sind Bank IPO has received bids for 591240650 Equity Shares as against 13300000 Equity Shares offered / reserved for the category, thus lifting the oversubscription in the category to an extraordinary 44.45 times

ISIN: INE608A01012
Listing Date: Thursday, December 30, 2010
BSE Scrip Code: 533295
NSE Symbol: PSB
Listing Group: 'B' Group of Securities
Issue Price: Rs. 120/- Equity Share (Rs. 114/- for Retail and Employees category)

According to the information available on the Registrar's website, as per information made available by ECS-Refund Banker: HDFC Bank Limited, credit for Punjab and Sind Bank IPO Refund into respective account through ECS can be expected by 03/01/2011

Punjab and Sind Bank IPO, which closed for subscription on Thursday, December 16, 2010, was finally oversubscribed by excellent oversubscription with the overall subscription figure standing at 50.75 times

The Equity Shares of Punjab and Sind Bank will be listed and admitted to the dealings on the exchanges with effect from Thursday, December 30, 2010 in the 'B' Group of Securities

Punjab and Sind Bank IPO, which closed for subscription on Thursday, December 16, 2010, was finally oversubscribed by excellent oversubscription figures, the overall subscription being a staggering 50.75 times

Check back Indian IPO Blog for Punjab and Sind Bank Listing day updates!

Punjab and Sind Bank IPO Allotment Status is declared online and can now be checked from the link provided below:

Click here to check Punjab and Sind Bank IPO Allotment Status now!

Punjab and Sind Bank IPO, which closed for subscription on Thursday, December 16, 2010, was finally oversubscribed by excellent oversubscription figures, the overall subscription being a staggering 50.75 times. The IPO had been receiving a wonderful response from its opening and has seen firm support from all the categories of investors

Punjab and Sind Bank IPO Allotment Status is not yet declared online. The link for the same will be updated here as soon as it is made available online

However, for investors who have applied through ASBA route, the amount for the number of shares allotted is debited and lien amount is released in case of ASBA applications made through some banks. Hence, ASBA applicants can ascertain the status of their applications by scrutinizing their Bank Accounts as the amount for the number of shares allotted would be debited in the respective bank accounts or where no shares are allotted, the lien / blocked amount would have been lifted / unblocked

Update: Punjab and Sind Bank IPO Allotment Status declared

Punjab and Sind Bank IPO Allotment Status is not yet declared online. Punjab and Sind Bank IPO - Basis of Allotment (Retail Category) will be updated here as soon as it is made available

Stay tuned to Indian IPO Blog for latest updates on Punjab and Sind Bank IPO Allotment Status and Basis of Allotment

Updates:
- Punjab and Sind Bank IPO Allotment Status for ASBA Applicants
- Punjab and Sind Bank IPO Allotment Status declared

Format: Applied Sh - Allotted Sh - Ratio

50 - 50 - 2 out of 79
100 - 50 - 3 out of 65
150 - 50 - 5 out of 72
200 - 50 - 5 out of 54
250 - 50 - 11 out of 95
300 - 50 - 5 out of 36
350 - 50 - 6 out of 37
400 - 50 - 5 out of 27
450 - 50 - 5 out of 24
500 - 50 - 22 out of 95
550 - 50 - 14 out of 55
600 - 50 - 5 out of 18
650 - 50 - 22 out of 73
700 - 50 - 12 out of 37
750 - 50 - 17 out of 49
800 - 50 - 10 out of 27
850 - 50 - 24 out of 61
900 - 50 - 5 out of 12
950 - 50 - 11 out of 25
1000 - 50 - 25 out of 54
1050 - 50 - 17 out of 35
1100 - 50 - 28 out of 55
1150 - 50 - 8 out of 15
1200 - 50 - 5 out of 9
1250 - 50 - 11 out of 19
1300 - 50 - 56 out of 93
1350 - 50 - 5 out of 8
1400 - 50 - 24 out of 37
1450 - 50 - 45 out of 67
1500 - 50 - 25 out of 36
1550 - 50 - 33 out of 46
1600 - 50 - 20 out of 27
1650 - 50 - 71 out of 93

Punjab and Sind Bank IPO closed for subscription on Thursday, December 16, 2010. In the Retail Category, Punjab and Sind Bank IPO had received bids for 591240650 Equity Shares as against 13300000 Equity Shares offered / reserved for the category, thus lifting the oversubscription in the category to an extraordinary 44.45 times

Updates: 
- Punjab and Sind Bank IPO Allotment Status for ASBA Applicants
- Punjab and Sind Bank IPO Allotment Status declared

Punjab and Sind Bank IPO closed for subscription on Thursday, December 16, 2010. The IPO was oversubscribed by excellent oversubscription figures, the overall subscription being a staggering 50.75 times. The IPO had been receiving a wonderful response from its opening and has seen solid support across the board from all the categories of investors

Punjab and Sind Bank IPO Allotment Status is likely to be declared shortly. In the Retail Category, Punjab and Sind Bank IPO has received bids for 591240650 Equity Shares as against 13300000 Equity Shares offered / reserved for the category, thus lifting the oversubscription in the category to an extraordinary 44.45 times. Owing to this, the allotment to even the highest applicants in the Retail Category is expected to be on a lottery basis

The link for Punjab and Sind Bank IPO Allotment Status will be updated here as soon as it is declared. Check back Indian IPO Blog for the latest updates on Punjab and Sind Bank IPO Allotment Status!

Updates:
- Punjab and Sind Bank IPO Allotment Status for ASBA Applicants
- Punjab and Sind Bank IPO Allotment Status declared

Punjab and Sind Bank IPO, which closed for subscription yesterday on Thursday, December 16, 2010, has been finally oversubscribed by excellent oversubscription figures, the overall subscription being a staggering 50.75 times. The IPO has been receiving a wonderful response from its opening and has seen solid support across the board from all the categories of investors

In the Retail Category, Punjab and Sind Bank IPO has received bids for 591240650 Equity Shares as against 13300000 Equity Shares offered / reserved for the category, thus lifting the oversubscription in the category to an extraordinary 44.45 times. Owing to this, the allotment to even the highest applicants in the Retail Category is expected to be on a lottery basis

The subscription in the QIB and HNI Category has also been concrete with those categories getting overbid 49.80 times and 85.84 times respectively. Besides, the Employees category is also fully subscribed at 1.61 times

Check back Indian IPO Blog for Punjab and Sind Bank IPO Allotment Status, Basis of Allotment, Listing Dates and other updates on Punjab and Sind Bank IPO!

QIB: 49.80 times
Non-Institutional Investors: 85.84 times
Retail: 44.45 times
Employees: 1.61 times
Overall: 50.75 times

Punjab and Sind Bank IPO has now been bid by a staggering 50.41 times on an overall basis till Thursday, December 16, 2010 1900 hrs IST as per data available on the NSE website. The final subscription status will be updated here soon.

The response from the Retail category has also been superb with the category overbid more than about 36 times. Punjab and Sind Bank IPO had opened for subscription from Monday, December 13, 2010 and has been receiving wonderful support from all categories of investors

Stay tuned to Indian IPO Blog for category-wise final subscription of Punjab and Sind Bank IPO!

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

Punjab and Sind Bank IPO has been receiving heavy subscription and is overbid 47.20 times on an overall basis till 4 PM on the closing day, as per data available on the NSE website

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

Stay tuned for more on Punjab and Sind Bank IPO!

Punjab and Sind Bank IPO, which closes for subscription today, has received excellent support with the IPO getting overbid by 41.83 times on an overall basis till 2 PM on the closing day. The IPO closed for QIB Category yesterday, and had managed to gather solid support from QIB Investors, the category being oversubscribed close to 50 times

The subscription from the Retail Category has also sky-rocketed on the closing day with the category getting overbid approximately by more than 21 times till December 16, 2010 1500 hrs IST, as per data available on the NSE website

Stay tuned for regular updates on Punjab and Sind Bank IPO Bidding Status!

Punjab and Sind Bank IPO, which closed for subscription for QIB Category, has received massive support on Day 3 with the IPO oversubscribed to the tune to 29.77 times at the close of Day 3, Wednesday, December 15, 2010

The subscription figure in the QIB Category has touched an amazing 49.7973 times with bids received for 946149350 Equity Shares as against 19000000 Equity Shares reserved for the category. The HNI Category has been overbid 22.91 times, while the participation from the Retail Category has also been highly spirited with the subscription in the category reaching 8.38 times already till Day 3, Wednesday, December 15, 2010

Punjab and Sind Bank IPO would close for categories other than QIB Category tomorrow, i.e. Thursday, December 16, 2010. With an overall subscription figure of close to 30 times already as also hefty oversubscription in the QIB Category, the subscriptions in the HNI and Retail Category are expected to shoot up on the closing day of the IPO

Check out Indian IPO Blog for Punjab and Sind Bank IPO subscription status updates at regular intervals throughout the closing day

Related post: Punjab and Sind Bank IPO - Subscription Status till Day 3, December 15, 2010 1700 hrs IST

QIB: 49.80 times
Non-Institutional Investors: 22.91 times
Retail: 8.38 times
Employees: 1.22 times
Overall: 29.77 times

Punjab and Sind Bank IPO subscription has rocketed to 29.77 times on an overall basis till Wednesday, December 15, 2010 1700 hrs IST, as per data available on the NSE website.

Punjab and Sind Bank IPO had received a good response from its opening and is subscribed 4.70 times on an overall basis till Day 2, December 14, 2010. Retail response has also been keen with the IPO already oversubscribed 2.09 times in the Retail Category till second day of the IPO

Check back Indian IPO Blog for latest updates on Punjab and Sind Bank IPO!

Related posts:
- Punjab and Sind Bank IPO closes for QIB Category, subscription rockets to 29.77 times on Day 3
- Punjab and Sind Bank IPO - Subscription Status till Day 3, December 15, 2010 1700 hrs IST