Punjab and Sind Bank IPO, which is open for subscription from Monday, December 13, 2010, closes for subscription for QIB Category today, the closing date for other investors being tomorrow, i.e. Thursday, December 16, 2010
Punjab and Sind Bank IPO has received a good response from its opening and is subscribed 4.70 times on an overall basis till Day 2, December 14, 2010. Retail response has also been keen with the IPO already oversubscribed 2.09 times in the Retail Category till second day of the IPO
Punjab and Sind Bank IPO was assigned an IPO Grade 4/5 by credit rating agency CARE.
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