|Chennai||Rs. 24840.00 (-0.36%)|
|Mumbai||Rs. 25460.00 (-0.16%)|
|Delhi||Rs. 25450.00 (2.21%)|
|Kolkata||Rs. 25000.00 (0%)|
|Kerala||Rs. 24700.00 (0%)|
|Bangalore||Rs. 25050.00 (1.42%)|
|Hyderabad||Rs. 24930.00 (1.63%)|
State-run Punjab & Sind Bank will raise up to 4.8 billion rupees through its initial public offer (IPO) with a price band of 113-120 rupees a share, it said in an advertisement in Financial Express.
The subscriptions to the 40-million-share issue begin on Dec. 13 and closes on Dec. 16, the bank said in the advertisement on Wednesday.
SBI Capital Markets, Enam Securities and ICICI Securities are the managers to the issue.