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Tuesday, Jan 24, 2006
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Markets - Public Offer


Bank of Baroda fixes Rs 230 a share

Our Bureau

Mumbai , Jan. 23

BANK of Baroda (BoB) has fixed the price for its public offer at Rs 230 a share. At this price, BoB would be able to raise Rs 1,633 crore for its issue of 7. 1 crore shares.

BoB's price band was Rs 210 to Rs 230.

The BoB issue was oversubscribed 14.52 times, according to information available on the National Stock Exchange Web site on the last day of the issue.

Shares of BoB closed at Rs 238, down 5 paise from the earlier close of Rs 238.05.

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