119  Total SME IPOs listed in 2025

5,543.76 Crs.  Total funds raised in 2025

83  SME IPOs listed with Gain in 2025

36  SME IPOs listed with loss in 2025

119  Total SME IPOs listed in 2025

5,543.76 Crs.  Total funds raised in 2025

83  SME IPOs listed with Gain in 2025

36  SME IPOs listed with loss in 2025

119  Total SME IPOs listed in 2025

5,543.76 Crs.  Total funds raised in 2025

83  SME IPOs listed with Gain in 2025

36  SME IPOs listed with loss in 2025

119  Total SME IPOs listed in 2025

5543.76 Crs.  Total funds raised in 2,025.00

83  SME IPOs listed with Gain in 2025

36  SME IPOs listed with loss in 2025

United Bank of India IPO (United Bank of India IPO) Detail

United Bank of India IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 324.98 Cr. The company is based in Kolkata and caters to Banking And Finance sector. Axis Capital , Edelweiss Financial Services , SBI Capital Markets are the merchant bankers of United Bank of India IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 20th December 2009.

United Bank of India IPO open date is 23rd February 2010 and close date is 25th February 2010. IPO Allotment Date is 30th November -0001 and Listing date is 18th March 2010.

IPO Category : MainBoard
Exchange : BSE,NSE
Issue Type : Book Building

IPO Key Highlights

United Bank of India IPO Date

Date of DRHP:
20th December 2009
IPO Open Date:
23rd February 2010
IPO Close Date:
25th February 2010
IPO Allotment Date:
[●]
Initiation of Refund:
[●]
IPO Listing Date:
18th March 2010

United Bank IPO Info, Size, Subscription

United Bank of India IPO size is ₹ 324.98 Cr. with IPO price of ₹ 66.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 324.98 Cr.

Issue Price:
₹ 66.00

Market Capitalisation :
₹ 0.00 Cr.

PE multiple :
28.20

Subscription :
33.38 times

Pre Issue Promoter Holding :
100.00 %

Post Issue Promoter Holding :
100.00 %

United Bank of India IPO Information

Sub Sector : Banking services
The United Bank of India is a public sector banking institution with a widespread presence across India, operating in 28 states and 4 Union Territories. As of December 18, 2009, the bank had 1,484 branches, 265 ATMs, 28 regional offices, and 11 extension counters. The bank is in the process of opening a representative office in Dhaka, Bangladesh. At that time, the bank employed 15,813 individuals, including part-time employees.

Established in 1918 as Bengal Central Loan Company Limited, the institution changed its name to United Bank of India Limited on October 12, 1950, for the purpose of amalgamation. On December 18, 1950, Comilla Banking Corporation Limited, Camilla Union Bank Limited, and Hooghly Bank were amalgamated with the bank. Over the years, other banks such
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Object of Issue (United Bank IPO Objectives)

  • To augment capital base to meet the future capital requirements arising out of the growth in their assets due to the growth of the Indian economy and
  • For meeting the expenses of the Issue

Axis Capital Limited is the book-running lead manager of the United Bank of India IPO. Link Intime India Private Limited is the Registrar for United Bank of India IPO.

United Bank of India IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is United Bank of India IPO?

United Bank of India IPO, based in Kolkata, operates in the   Banking And Finance sector with a focus on Banking services. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. United Bank of India IPO size is ₹ 324.98 Cr. with fresh issue size of ₹ 325 Cr. and Offer for sale being ₹ Nil

When is United Bank IPO allotment?

The IPO allotment date for United Bank of India IPO is expected to be 30th November -0001, after the finalization of basis of allotment. Investors can check United Bank of India IPO allotment status on the registrars website, Link Intime India Private Limited . United Bank of India IPO refund dates are 30th November -0001.

When is United Bank of India IPO listing date?

United Bank of India IPO is expected to be listed on 18th March 2010.

What is the price band for United Bank IPO?

The upper price band for the United Bank of India IPO is set at ₹ 66.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is United Bank of India IPO Review?

For IPO analysis on United Bank of India IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for United Bank of India IPO?

To apply for the United Bank of India IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 25th February 2010. After submission, funds are blocked until the basis of allotment of United Bank of India IPO is finalised.

Who is the merchant banker of United Bank IPO?

The merchant banker for United Bank of India IPO is Axis Capital Limited , Edelweiss Financial Services Limited , SBI Capital Markets Limited . Axis Capital Limited , Edelweiss Financial Services Limited , SBI Capital Markets Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the United Bank of India IPO RHP for further details.

Who is the Registrar of United Bank of India IPO?

The registrar for United Bank of India IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to United Bank of India IPO through their official website or helpline.

What is the United Bank of India IPO subscription?

United Bank of India IPO was subscribed 33.38 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

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FAQs

United Bank of India IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on United Bank of India Financial Review Page

United Bank of India IPO subscription was 33.38 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

United Bank of India IPO listed at a listing price of 68.80 against the offer price of 66.00.

The current market price of United Bank of India is .

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