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IPO Result Of Prime Commercial Bank Ltd.: Refund from 09 Aug 2009

Published by on August 3, 2009

Refund

Prime Bank will be distributing the slips & refunding unallocated money from Sunday, 09th August 2009.

After marathon of IPO applications, now the relay of IPO results are coming out. Sunrise, yesterday Vibor and today its Prime. The IPO was heavily oversubscribed as Sunrise, 20 times to be precise. The bank’s Initial Public Offerings (IPOs) closed within 4 days after it received more applications than the units of shares it had floated. The bank floated 30,00,000-units of shares worth Rs 300 million.

Prime Commercial Bank — established on September 24, 2007 — was one of the last commercial banks to float primary issue.
Citizen Investment Trust (CIT) was the issue manager for Prime Commercial Bank. Agriculture Development Bank Ltd (ADBL) is the now the last of 26 commercial banks that is planning to float its primary issue.

IPO Result Check Online

IPO Result – Download

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