Business Standard

Punjab National Bank - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

3,120.00 cr

Price Range (₹)

390

Lot Size

15

Min Investment (₹)

5,850.00

Listing Exchange

MumbaiNSE

Open Date

07-Mar-2005

Close Date

11-Mar-2005

Listing Date

29-Mar-2005

Punjab National Bank News

    The Shares of Punjab National Bank have now been listed.

    Punjab National Bank IPO Details

    Public issue of up to 80000000 equity shares of Rs 10 each for cash at a price of Rs 390 per equity share aggregating Rs 3120 crore (the issue) by Punjab National Bank (the bank or the issuer). The issue comprises of a net issue to the public of upto 64000000 equity shares of Rs 10 each (the net issue), a reservation for employees of up to 8000000 equity shares of Rs 10 each and a reservation for existing shareholders of upto 8000000 equity shares of Rs 10 each, at the issue price.

    Objective of issue

    Augment the long-term resources of the Bank. Augment the capital base of the Bank.

    Punjab National Bank Contact Details

    Punjab National Bank, Sri Padmavati Bhavan, Plot No 93 Rd No 16, MIDC Andheri (E), Mumbai - 400093

    Phone - 91-22-28372385

    Fax - 91-22-28201783

    Email - hosd@pnb.co.in

    Website - www.pnbindia.in