Non Institutional Investors portion of United Bank of India IPO subscribed 39.1525 times

The Non Institutional Investors portion of the United Bank of India IPO have received excellent response with subscription of 39.1525 times.

The Non Institutional Investors portion has received bids for 185974500 equity shares against the offer of 4750000 equity shares.

The Corporates have submitted bids for 127182800 equity shares and Individuals (Other than RIIs) have bid for 41695900 equity shares.

Others have bid for 17095800 equity shares under the Non Institutional Investors portion.

Source : Equity Bulls

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