Subject: Punjab & Sind Bank IPO finally subscribed 50.75 times

Hello Friend,

Punjab & Sind Bank IPO finally subscribed 50.75 times on its closing day. Punjab & Sind Bank IPO was open on Dec 13, 2010 and closed today on Dec 16, 2010 for subscription. Punjab & Sind Bank has received bids for 2,02,98,86,650 shares as against issue size of 4,00,00,000 shares.

Oversubscription detail

Qualified Institutional Buyers (QIBs): 49.80 Times

Non Institutional Investors: 85.84 Times

Retail Individual Investors (RIIs): 44.45 Times

Employee: 1.61 Times

Total: 50.75 Times

Click on the below link to find more detail about Punjab & Sind Bank IPO:

http://www.chittorgarh.com/ipo/ipo_detail.asp?a=288

Good Luck
Chittorgarh.com Team