Punjab & Sind Bank and L&T IPO may be launched a few weeks.

Punjab & Sind Bank and L&T IPO may be launched a few weeks.IPO of Punjab & Sind Bank as well as L&T Finance – nonbanking finance firm may be launched a few weeks.

Punjab & Sind Bank plan to enter the markets through an initial public offering of four cr equity stocks. The issue consists a net issue for the public of 3.8 cr shares and also a reservation of 20 lk equity stocks for subscription through qualified employees. The ipo issue will comprise 17.93percent of the post issue share capital of the bank.

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