Tag: Punjab
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P&S Bank IPO – Post review on 20th Dec
Punjab & Sind Bank IPO closed on Dec 16th with amazing strength – overall over-subscription 51 times with QIB 50 times, HNI 86 times and Retail 44 times !! It exceeded all my expectations – looks like everyone has bet on the winning horse :-) It will be a bit of a lottery if you…
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Punjab and Sind Bank IPO – closes Dec16 for Retail
Investment Note Description Punjab & Sind Bank has a good network – 926 branches in North/ Central India The IPO pricing of Rs 113-120 per share will help firm raise Rs 452-480 crores The primary purpose is to fund growth plans and shore up capital adequacy Government shareholding will fall to 82% post IPO Positives…
JainMatrix Investments 