*PNB Housing Finance Limited IPO update

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*PNB Housing Finance Limited IPO update:*

Anchor: 24-Oct-2016

Issue Opens On: *25-Oct-2016*

Issue Closes On: *27-Oct-2016*

Price Band: *INR 750 - INR 775*

Bid Lot: *19 Equity Shares* & in multiple thereafter

Discount to Retail Investors: *Nil*

Discount to PNB HFC Employee: *INR 75 per share*

*Issue Size: INR 3000 Crs* including reservation of 250000 Equity Shares for eligible employees of PNB Hosing Finance Ltd.

Face Value: *INR 10 per share*

Issue split:

*QIB: 50% of Net Issue Size*

*HNI: 15% of Net Issue Size*

*Retail: 35% of Net Issue Size*

*Indicative Timelines post issue closure:*

Finalization of Basis of Allotment: *02-Nov-2016*

Unblocking of Funds: *03-Nov-2016*

Listing on BSE & NSE: *07-Nov-2016*

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