Punjab National Bank - IPO

Punjab National Bank IPO Details

Public issue of up to 80000000 equity shares of Rs 10 each for cash at a price of Rs 390 per equity share aggregating Rs 3120 crore (the issue) by Punjab National Bank (the bank or the issuer). The issue comprises of a net issue to the public of upto 64000000 equity shares of Rs 10 each (the net issue), a reservation for employees of up to 8000000 equity shares of Rs 10 each and a reservation for existing shareholders of upto 8000000 equity shares of Rs 10 each, at the issue price.

Objective of issue

Augment the long-term resources of the Bank. Augment the capital base of the Bank.

Punjab National Bank Contact Details

Punjab National Bank, Sri Padmavati Bhavan, Plot No 93 Rd No 16, MIDC Andheri (E), Mumbai - 400093

Phone - 91-22-28372385

Fax - 91-22-28201783

Email - hosd@pnb.co.in

Website - www.pnbindia.in