What were the Union Bank of India IPO listing gains?

Union Bank of India listed on 24 Sep 2002 at ₹17, closing its first day at ₹16 — a listing loss of -85.1% versus the ₹110 issue price.

What was the price band and lot size of the Union Bank of India IPO?

The price band was ₹100–₹110 per share.

Union Bank of India IPO

Union Bank of India was a mainboard IPO, offered at ₹100–₹110 per share to raise ₹450 crore. It listed on 24 Sep 2002 at ₹17 and closed its first day at ₹16, a listing loss of -85.1% versus the ₹110 issue price. It now trades around ₹186 (+69.1% versus the issue price).

Frequently asked questions

What were the Union Bank of India IPO listing gains?: Union Bank of India listed on 24 Sep 2002 at ₹17, closing its first day at ₹16 — a listing loss of -85.1% versus the ₹110 issue price.
What was the price band and lot size of the Union Bank of India IPO?: The price band was ₹100–₹110 per share.