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IPO

IPO Details


Union Bank of India
Registered Office: 239 Vidhan Bhavan Marg, Nariman Point UnionBank Bhavan, Mumbai - 400021, Maharashtra
Phone: 91-22-22896643/636
Email: investorservices@unionbankofindia.com
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 ₹ 110.00 ₹ 0.00
Minimum Application for shares in Nos : 50.0 Further Multiples of : 50.0
(₹)Cr. Lead Managers to the Issue
Project Cost 0.00 Citigroup Global Markets India Pvt Ltd
Project Financed through Current Offer 495.00
Post Issue Equity Share Capital 505.12
Issue Price ₹110.00
Projects
Augment capital base to meet capital requirement
Promoted By
Govt. of India
Listing At
NSE
BSE
Registrar to the Issue

INDIAN INDICES

Sensex

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Nifty

25,244.75 200.40 (0.80%)

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NASDAQ
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