PNB fixes floor price of Rs 109.16 per share for its share sale via QIP
WEB7 hours ago · State-owned Punjab National Bank (PNB) on Monday fixed a floor price of Rs 109.16 per share for its share sale through qualified institutional placement (QIP). The bank had taken board approval last year for raising up to Rs 7,500 crore via share sale in one or more tranches during 2024-25. The ...
Punjab National Bank Launches QIP To Raise Up To Rs 7,500 Crore
WEB8 hours ago · Punjab National Bank, the country's second-largest state-run lender, on Monday announced the launch of its qualified institutional placement to raise up to Rs 7,500 crore. The capital raising committee of the lender, in a meeting held on Monday, "authorised the opening of the issue today, i.e. 23.09.2024 and approved the floor price of the Issue, being Rs. 109.16", an exchange filing stated.
Punjab National Bank likely to launch QIP within a week to raise …
WEB13 hours ago · Punjab National Bank (PNB) is set to launch its qualified institutional placement (QIP) within a week, CNBC Awaaz reported on Monday, citing unidentified sources. India’s second-largest PSU bank ...
Punjab National Bank (PNB) fixes floor price for share sale
WEB7 hours ago · State-owned Punjab National Bank (PNB) on Monday fixed a floor price of Rs 109.16 per share for its share sale through qualified institutional placement (QIP). The bank had taken board approval last year for raising up to Rs 7,500 crore via share sale in one or more tranches during 2024-25. The board approved and adopted the preliminary ...
Punjab National Bank Sets Floor Price for Institutional Share Sale
WEB8 hours ago · SHARE. State-owned Punjab National Bank (PNB) has announced a floor price of Rs 109.16 per share for its upcoming qualified institutional placement (QIP). This decision follows board approval to raise up to Rs 7,500 crore via share sale in one or more tranches during the financial year 2024-25. A preliminary …
Punjab National Bank QIP: PSU bank mulls fund raise! Check …
WEBAhead of the launch of QIP, shares of Punjab National Bank surged 2.81 per cent to close at Rs 111.50 per share on BSE. The scrip opened at Rs 108.46 per share, making a high of Rs 111.90 and a ...
Punjab National Bank News - The Economic Times
WEB5 days ago · 05 Sep, 2024, 11:42AM IST. PNB Housing Finance Share Price: Shares of PNB Housing Finance surged 5.4% to a 52-week high of Rs 1,109.9 on the BSE during Thursday’s trading. The increase followed the company’s announcement of plans to raise nearly Rs 2,500 crore through NCDs on September 9.
Punjab National Bank Q3 Results: Net profit jumps three times, …
WEBJan 25, 2024 · Punjab National Bank. Public sector lender Punjab National Bank (PNB) on January 25 reported a net profit of Rs 2,222.8 crore for the December quarter of the financial year (FY) 2023-24, up...
Punjab National Bank (PNB) Q3 Results: Profit jumps over three …
WEBJan 25, 2024 · State-owned Punjab National Bank (PNB) on Thursday posted an over three-fold increase in its profit to Rs 2,223 crore for the third quarter ended December 2023. The bank had earned a net profit of Rs 629 crore in the same quarter a year ago.
PNB Q2 Results Live Updates: Net profit jumps 327% to - Mint
WEBOct 26, 2023 · Punjab National Bank (PNB), the state-run lender, reported a sharp jump of 327% in its net profit for the second quarter of FY24 led by lower provisions. PNB’s net profit in Q2FY24 surged to...