Friday, February 10, 2006

UNION BANK OF INDIA-IPO

Issue Opens: 15 February, 2006
Issue Closes: 21 February, 2006
Issue Size : 45,000,000 (No. of Shares)

Lower Price Band : Rs.115
Upper Price Band : Rs.125

Information URL : http://www.unionbankofindia.com
Prospectus URL : http://www.sebi.gov.in/dp/ubidraft.pdf

About the Company:
Union Bank of India was inaugurated by Mahatma Gandhi eight decades ago. Union Bank of India is having more than 600 branches and extension counters all over the country. Nearly 351 ATMs are installed. Online Tele banking facility is availble for its customers.

Today there are more than 26,000 employees in Union Bank of India.

In addition to regular banking facilities of Union Bank of India, today customer can also avail variety of other services like cash management service, insurance, mutual funds, Demat from the Bank.

Union Bank of India is a Public Sector Unit with 60.85% Share Capital held by the Government of India.

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