Punjab & Sind Bank - Prospectus Synopsis

Punjab & Sind Bank RHP

Registered Office : 21 Bank House , Rajendra Palace , New Delhi - 110008 , Maharashtra , India.

Phone : 91-011-25782926/25728930/25812922  Fax : 91-011-25781639

Email : complianceofficer@psb.co.in    Website : www.psbindia.com

Public issue of up to 4,00,00,000 equity shares of Rs. 10 each (The Equity Shares) for cash at a price of Rs. 120 per equity share of Punjab & Sind Bank (The Bank or The Issuer) aggregating Rs. 470.82 crore (The Issue). The issue comprises a net issue to the public of 3,80,00,000 equity shares (The Net Issue) and a reservation of 20,00,000 equity shares for subscription by eligible employees (The Employee Reservation Portion), at the issue price. The issue shall constitute 17.93% of the post-issue share capital of the bank. The net issue shall constitute 17.04% of the post-issue share capital of the bank. Issue price: Rs. 120 Per Equity Share of face value of Rs. 10 each The issue price is 12.0 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
13-Dec-2010 16-Dec-2010 Rs 120 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 50 Further Multiples of : 50
  Rs Cr Lead Managers to the Issue
Project Cost 456.32 Enam Securities Pvt Ltd
Project Financed through Current Offer 480  
Post Issue Equity Share Capital 223.06  
Issue Price Rs. 120  
To augment capital base to meet future cap. req.
Promoted By Listing At Registrar to the Issue
The President of India
Mumbai Link Intime India Pvt Ltd

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