United Bank of India Retail Investors Portion Subscribed 9.8038 times

The Retail Individual Investors Portion of the IPO of United Bank of India received subscription of 9.8038 times.

The Retail Individual Investors (RIIs) portion received total bids for 139704100 equity shares against the offer of 14250000 equity shares.

The total bids received at Cut Off price under retail portion is 126078900 equity shares. The bids received under Price Bids of retail portion was 13625200 equity shares.

The total issue of United Bank of India received subscription of 33.38 times.

Source : Equity Bulls

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