Union Bank of India - Prospectus Synopsis

Union Bank of India RHP

Registered Office : 239 Vidhan Bhavan Marg , Nariman Point UnionBank Bhavan , Mumbai - 400021 , Maharashtra , India.

Phone : 91-22-22896643/36  Fax : 91-22-22025238

Email :     Website : www.unionbankofindia.co.in

Public issue of up to 45,000,000 equity shares of Rs. 10 each for cash at a price of Rs.110 per equity share aggregating Rs.495 crores by Union Bank of India (the Bank or Issuer). The issue comprises a net issue to the public of up to 40,500,000 equity shares of Rs. 10 each (the Net Issue) and a reservation for eligible employees of up to 4,500,000 equity shares of Rs. 10 each, at the issue price. The issue will Constitute 8.91% of the total post issue paid-up equity capital of the bank. The face value of the shares is Rs. 10 and the fixed price is 11 times of the face value.

Issue Money Payable On
Opens On Closes On Application Allotment
15-Feb-2006 21-Feb-2006 Rs 110 - 0 Rs 0 - 0
Minimum Application for shares in Nos : 50 Further Multiples of : 50
  Rs Cr Lead Managers to the Issue
Project Cost 0 Citigroup Global Markets India Pvt Ltd
Project Financed through Current Offer 495  
Post Issue Equity Share Capital 505.12  
Issue Price Rs. 110  
Projects
Augment the long-term resources of the Bank
Promoted By Listing At Registrar to the Issue
Govt. of India
Mumbai MCS Limited
 

Want to invest in IPO. Our RM will contact you !

Submit