Union Bank of India FPO Details

Bookbuilding FPO | ₹495 Cr | Listing at BSE, NSE | Wed, Feb 15, 2006 - Tue, Feb 21, 2006 P

Union Bank of India FPO is a book build issue of ₹495.00 crores. The issue is entirely a fresh issue of 4.50 crore shares of ₹495.00 crore.

Union Bank of India FPO bidding started from Feb 15, 2006 and ended on Feb 21, 2006. Union Bank of India FPO will list on BSE, NSE with a The tentative listing date fixed as .

Union Bank of India FPO is set final issue price at ₹110 per share.

The book running lead manager (Not declared yet) and The registrar of the issue (Not declared yet).

Refer to for detailed Information.

FPO Open

Wed, Feb 15, 2006

FPO Close

Tue, Feb 21, 2006

Issue Price

₹110 per share

Market Cap (Pre-IPO)

₹5,556.30 Cr

FPO Details

IPO Date15 to 21 Feb, 2006
Listing Date[.]
Face Value10 per share
Price Band₹100 to ₹110
Issue Price₹110 per share
Lot Size
Sale TypeFresh capital only
Issue TypeBookbuilding FPO
Listing AtBSE, NSE

Total Issue Size4,50,00,000 shares
(agg. up to ₹495 Cr)
Fresh Issue 4,50,00,000 shares
(agg. up to ₹495 Cr)
Share Holding Pre Issue46,01,17,900 shares
Share Holding Post Issue50,51,17,900 shares

FPO Timetable (Tentative)

FPO Issue Reservation

Union Bank of India FPO comprises a total issue size of 4,50,00,000 shares. The net offer to the public is 4,05,00,000 shares, after excluding 45,00,000 shares under a preferential allotment. Of the Net offer 2,02,50,000 (50.00%) are allocated to QIB, 60,75,000 (15.00%) allocated to NII 1,41,75,000 (35.00%) allocated to RII.

Investor Category Shares Offered % of Net Issue% of Total Issue
QIB Shares Offered 2,02,50,00050.00%45.00%
NII (HNI) Shares Offered 60,75,00015.00%13.50%
Retail Shares Offered 1,41,75,00035.00%31.50%
Preferential Reservations
Employee Shares Offered 45,00,00010.00%
Total Shares Offered 4,50,00,000100.00%100.00%

Investor Category Reservations

Application CategoryMaximum Bidding LimitsBidding at Cut-off Price Allowed
Only RII Up to Rs 2 Lakhs Yes
Only sNII Rs 2 Lakhs to Rs 10 Lakhs No
Only bNII Rs 10 Lakhs to NII Reservation Portion No
Only employee Yes
Employee + RII/NII
  • Employee limit: (In certain cases, employees are given discount if bidding amount is upto Rs. 2 lakhs)
  • If applying as RII: Upto Rs. 2 lakhs
  • If applying as NII: sNII > Rs. 2 lakhs and upto Rs. 10 lakhs and bNII > Rs. 10 lakhs
Yes for Employee and RII/NII

About Union Bank of India

Contact Details

Union Bank of India Address
Open an Instant Account with Zerodha

FPO FAQs

Union Bank of India FPO is a main-board FPO of 4,50,00,000 equity shares of the face value of ₹10 aggregating up to ₹495 Crores. The issue is priced at ₹110 per share. The minimum order quantity is .

The FPO opens on Wed, Feb 15, 2006, and closes on Tue, Feb 21, 2006.

is the registrar for the FPO. The shares are proposed to be listed on BSE, NSE.

Zerodha customers can apply online in Union Bank of India FPO using UPI as a payment gateway. Zerodha customers can apply in Union Bank of India FPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Union Bank of India FPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Union Bank of India FPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Union Bank of India FPO opens on Wed, Feb 15, 2006 and closes on Tue, Feb 21, 2006.

Union Bank of India FPO lot size and the minimum order quantity is not available at this time. Please check again later.

You can apply in Union Bank of India FPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Union Bank of India FPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Union Bank of India FPO allotment status.

The Union Bank of India FPO listing date is not yet announced. The tentative date of listing is .

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