Punjab National Bank IPO Price

I want to know the IPO Price of Punjab National Bank so can you please tell me?

[Kiran Chandar]

Punjab National Bank is an Indian financial services company based in New Delhi, India. It was established in 1894. The bank has over 6,300 branches and over 7,900 ATMs across 764 cities. Punjab National Bank is one of the Big Four banks of India.

The Punjab National Bank (PNB) has fixed the price band for its forthcoming public issue between Rs 350 and Rs 390 per share.

While at Rs 350 per share the bank will raise Rs 2,800 crore, at Rs 390 per share, the bank will raise Rs 3,120 crore, which will be the second largest bank issue in India, after ICICI Bank's Rs 3,150-crore issue in 2004.

PNB NSE (3 Dec 2015)

NSE : 139.05
-1.05 (-0.75%

OPEN PRICE 139.50
HIGH PRICE 139.75
LOW PRICE 138.15
PREV. CLOSE 140.10
AVERAGE PRICE 139.07
NO. OF CONTRACTS TRADED 1,345
TURNOVER (Rs. in Lakhs) 7,481.97
MARKET LOT 4000
OPEN INTEREST 22,648,000
OPEN INTEREST CHANGE 528,000
OPEN INTEREST CHANGE % 2.39