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Wednesday, December 15, 2010

Punjab and Sind Bank - Heavily Oversubscribed


Punjab and Sind Bank is heavily oversubscribed 1 day before the closing. This is going to be a lot worse in terms of allotment when compared to MOIL

Qualified Institutional Buyers (QIBs) 49.80
Non Institutional Investors 22.91
Retail Individual Investors (RIIs) 8.38
Employee Reservation 1.22