• Trading Account
  • Downloads
  • Nifty Options OI
    • Nifty Max Pain Chart
    • Nifty Option Change in OI Chart
    • Nifty Put Call Ratio
    • Nifty Option Total Change in OI
    • Nifty Trend Finder
  • BankNifty Option OI
  • About Us
  • Learn Technical Analysis
    • Advance Option Trading Course

OurNifty.com

A Indian Stock Market Blog

  • Forex
  • Gold
  • Intraday Stocks
  • Midcap Stocks
  • Multibagger
  • Nifty
  • Nifty Option
  • NSE
  • Amibroker

Shares of Punjab and Sind Bank Will list on 30 Dec 2010

By Bhaveek Patel Leave a Comment

State-owned Punjab and Sind Bank will list its equity shares on exchanges on 30 December 2010. Also, it has fixed issue price at higher end of price band of Rs.120 per share. However, equity shares issued to employees and retail investors was given at discount of 5% at Rs.114 per share.

Through this IPO the bank raised Rs.470.82 cr; Also the IPO was subscribed 50.75 times (mainly due to QIB). We will see huge demand of shares on listing, pushing the prices upward in its first day.

We expect listing of Punjab and Sind Bank near Rs.160

Share
Tweet
Pin
0 Shares

You Should Read This:

  1. Nifty Future is Trading Lower Today, How Should You Trade Bank Nifty Today Nifty future is trading negative today; this is the reaction for news from global market as European economies was downgraded by S&P (One of largest rating agency). In European stocks, financial sector has hit badly...
  2. Listing of MOIL Shares Will be Done on 15 December 2010 India’s largest Manganese ore producer, will list its share on India’s leading stock exchanges on 15 December 2010. The initial public offering (IPO) received great response from all investors and was subscribed more than 56...
  3. High Growth Banks: Punjab National Bank PNB is Cheap at Current Levels, Advice Buy PNB Stock Punjab National Bank Ltd. is one of the fastest growing banks in India. The company was listed on National stock exchange (NSE) on 24 April 2002. Stock charts suggests us that there was strong bull...
  4. List of stocks in Bank Nifty index with weightage My last article was about the weight of stocks in the NSE Nifty index, in this article, I will tell the weight of stocks in the Bank Nifty index. Bank Nifty index is most active...
  5. Private Sector Banking Stocks Looks Attractive: ICICI Bank may Outperform State Bank of India ICICI Bank Ltd is India’s largest private sector bank, operating a huge networks of its branches and ATMs across the country and abroad. Looking at the daily stock chart, we see price action is suggesting...

Category: IPO Tags: IPO/ IPO Listing

About Bhaveek Patel

Bhaveek Patel is one of the most successful traders, technical analyst, and investor, his areas of interest include stock market, forex, and gold trading. Apart from this, he is often seen in the golf course. He is having more than 10 years of experience in trading, had placed his first order on 19 June 2006 with IndiaInfoline.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Previous Post: Nifty Futures Support Resistance Level For 29 December 2010
Next Post: Nifty Futures Support Resistance Level For 30 December 2010

Advance Options Trading Course

options trading course

Lowest Brokerage Trading A/c

Lowest brokerage trading account opening in India

Learn Technical Analysis

technical analysis course

Recent Articles

  • ASX Penny Stocks List for 2023
  • 7 Ways to Boost Your Revenue
  • NYSE Penny Stocks List for 2023
  • Short On Cash? Here’s How You Can Manage Your Priority Spends
  • FREE Webinar on Option Chain Analysis
  • LSE Penny stocks list for trading in 2023 Should you buy?
  • BSE Penny Stocks List 2023

Popular Categories

Amibroker Finance Forex Gold Intraday Stocks IPO Midcap Stocks Multibagger NEWS Nifty Nifty Option NSE Short Term Stocks Technical Analysis

About Us | Contact Us | Privacy Policy | Disclaimer


Copyright © 2009 - 2023 OurNifty.com Trading ideas published here cannot be reproduced without permission from the author.
OurNifty is Powered by Wordpress and hosted on Digital Ocean