As per the data available on NSE Website, the IPO of United Bank of India has been bid about 1.88 times till 5:00 pm on its opening day. The detailed category-wise bidding status as on First Day will be updated soon. Check back frequently for United Bank of India Bidding Status on its opening day
The IPO consists of 5 Crore Equity Shares, having a Face Value of Rs.10/- each. The equity shares are offered in a price band of Rs.60/- to Rs.66/- per equity share with a bid lot of 100 Equity Shares and in multiples thereof. The IPO closes for subscription on Thursday, February 25, 2010
Update: United Bank of India IPO subscribed 1.88 times on its opening day
