Punjab & Sind Bank IPO

Issue details
Issue size (in crs) 480
Bid/Issue opens on Dec 13th 2010
Bid/Issue closes on Dec 16th 2010
FV 10
Price Band Rs. 113-120
Object of the Issue
 - To augment the capital base to meet the future
capital requirements arising out of the growth in the
assets
 - General corporate purposes
Registrar to the Issue
 - Link Intime India Pvt
Book Running Lead Managers
 - SBI Capital markets Ltd
 - ENAM Securities Pvt Ltd
 - ICICI Securities Ltd
Capital Structure Amt ( Rs crs)
Authorised Capital 750.00
Capital subscribed before the issue 183.05
Issue 40.00
Equity capital after the issue 223.05

Punjab & Sind Bank is a GoI undertaking,
incorporated in Amritsar. In over 100 years
of operation, they have significantly grown
branch network with a presence
predominantly in north India. As on October
31, 2010, the network comprised of 926
branches and 63 ATMs across India. CAR
is maintained at 13.04% as on Sep 2010
according to Basel II norms.
Loan book of the bank consist of 57% of
corporate lending, followed by priority
sector and other sector lending 28% and
retail sector 15%.