UCO Bank follow-on public issue likely in Feb-Mar ~ IPO India: IPO News India, Latest IPO News from Share Market India, Indian IPO News

Monday, December 10, 2007

UCO Bank follow-on public issue likely in Feb-Mar

UCO Bank said that bank's follow-on public issue is likely in February-March 2008, reports CNBC-TV18 quoting NW18.

The bank may issue 90 million equity shares via follow-on public issue. Government's stake in the bank is likely to be at 52% post FPO versus 75% currently.

Source: Moneycontrol.com

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