PSB Will File A DRHP For Its IPO

PSB Will File A DRHP For Its IPOPSB will file a DRHP for its Initial public offer soon, a high official of the bank mentioned.

The IPO is anticipated to hit the market within the 1st fortnight of Dec, Executive Director P K Anand,said

Punjab & Sind Bank is aiming to come up with a new issue of 4 Cr stocks. The Initial public offer will be via the book-building path as well as would reduce the Govt positioning in the bank to about 82 per cent, Mr Anand mentioned. Presently, Punjab Sind Bank is totally owned or operated through the Government.


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