| United Bank of India(Merged) |
|---|
| Registered Office: United Tower, 11 Hemanta Basu Sarani, Kolkata - 700001, West Bengal |
| Phone: 91-033-2248472/22483857 |
| Email: investors@unitedbank.co.in |
| Website: www.unitedbankofindia.com |
| Public Issue of 5,00,00,000 equity shares of face value of Rs. 10 each of United Bank of India ("The Bank" or "The Issuer") for cash at a price of Rs. 66/- per equity share (Including a share premium of Rs. 56/- per equity share) aggregating to Rs. 324.98 crores (The "Issue"). The Issue comprises of net issue of 4,75,00,000 equity shares of face value of Rs. 10 each to the public ("Net Issue") and a reservation of 25,00,000 equity shares for subscription by eligible employees (The "Employee Reservation Portion"). The Issue would constitute 15.80% of the post issue paid-up capital of the Bank and the net issue will constitute 15.01% of the post issue paid up capital of the Bank. (A discount of Rs. 3/- to the issue price determined pursuant to completion of the Book Building Process has been offered to Retail individual bidders and eligible employees (The "Retail Discount")) The Issue Price: Rs. 66/- per equity share of face value Rs. 10 each. The Issue Price is 6.6 times of the face value. |
| Issue | Money Payable On | ||
|---|---|---|---|
| Opens On | Closes On | Application | Allotment |
| 23-Feb-2010 | 25-Feb-2010 | ₹ 66.00 | ₹ 0.00 |
| Minimum Application for shares in Nos : 100.0 Further Multiples of : 100.0 | ||
|---|---|---|
| (₹)Cr. | Lead Managers to the Issue | |
| Project Cost | 324.98 | Edelweiss Capital Ltd |
| Project Financed through Current Offer | 324.98 | |
| Post Issue Equity Share Capital | 316.43 | |
| Issue Price | ₹66.00 | |
| Projects |
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| Augment the capital base to meet future capi. req. |
| Promoted By |
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| President of India |
| Listing At |
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| BSE |
| NSE |
| Registrar to the Issue |
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