02 Jun 07 UTI Bank FPO (follow on public issue)

UTI Bank has informed the stock exchanges that the board of UTI Bank has decided to raise capital through a FPO by issuing upto 4,23,97,400 equity shares. UTI Bank may also go in for an ADR / GDR issue. The board of UTI Bank has also resolved to increase the authorized share capital of UTI Bank from Rs. 300 crores to Rs. 500 crores to accomodate the new capital that UTI Bank is planning to raise through a FPO and ADR/GDR issue

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Reader's Comments

1. SANDEEP | 09 Jul 2007 12:45 pm

   I have been alloted 48 shares of ICICI bank during its FPO. I had opted for Part Payment. My Holding in DP account shows Rs. 9.0 for face value. Please can anyone tell me how to pay the remaining amount and when will be the face value of the share Rs.10. When can I trade the shares.

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