ISIN: INE695A01019
IPO Listing Date: Thursday, March 18, 2010
BSE Script Code: 533171
NSE Symbol: UNITEDBNK
Listing in: 'B' Group of Securities
Issue Price: Rs.66/- per equity share (Discount of Rs.3 to Retail Investors and Eligible Employees)

Listing Price and Info (on Thursday, March 18, 2010):

On the BSE			On the NSE
Open:	77.00		Open:	74.90
High:	77.00		High:	77.00
Low:	68.10		Low:	68.00
Close:	68.80		Close:	68.75

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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

The Equity Shares of United Bank of India, will be listed and admitted to the dealings on the Exchanges with effect from Thursday, March 18, 2010 under the 'B' Group of Securities. Click here for Listing Dates and Info

United Bank of India IPO, which closed for subscription on Thursday, February 25, 2010, had concluded with a passionate response from Investors. The IPO was oversubscribed by an impressive 33.38 times on an overall basis with a strong response from QIB and HNI Categories, which was oversubscribed 47.08 times and 39.15 times respectively. Retail Investors had also joined in on the last day of the IPO, with a zealous response with the category finally getting oversubscribed 9.80 times

United Bank of India is one of the 14 major banks which were nationalised in 1969. Check back Indian IPO Blog for United Bank of India Listing Price and Info

ISIN: INE695A01019
IPO Listing Date: Thursday, March 18, 2010
BSE Script Code: 533171
NSE Symbol: UNITEDBNK
Listing in: 'B' Group of Securities
Issue Price: Rs.66/- per equity share (Discount of Rs.3 to Retail Investors and Eligible Employees)

United Bank of India IPO Allotment Status is declared and can now be checked online

Click here to check your status now

United Bank of India IPO Allotment Status is not yet declared online. United Bank of India IPO was oversubscribed over 33 times on an overall basis with Retail Category getting subscribed 9.80 times. The link for United Bank of India IPO Allotment Status will be updated here as soon as it is made available online. Check back here for latest updates on United Bank of India IPO Allotment Status

Update:  United Bank of India IPO Allotment Status declared

United Bank of India IPO, which closed for subscription today, i.e. on Thursday, February 25, 2010, has concluded with a passionate response from Investors. The IPO has been oversubscribed by an impressive 33.38 times on an overall basis with a strong response from QIB and HNI Categories, which are oversubscribed 47.08 times and 39.15 times respectively. Retail Investors have also joined in on the last day of the IPO, with a zealous response with the category finally getting oversubscribed 9.80 times

It deserves mention that the IPO was subscribed only 2.65 times till yesterday, i.e. till second day of its opening with the Retail Category getting subscribed only 70.01% till Day 2

United Bank of India IPO Subscription Status (Final) as on Thursday, February 25, 2010 1900 hrs IST:
QIB: 47.08 times
Non-Institutional Investors: 39.15 times
Retail: 9.80 times
Employees: 0.53 times
Overall: 33.38 times

Click here to view United Bank of India IPO - Subscription Statistics