Like the offers of many other banks that came into the stock market before it for capital sourcing, the just concluded Initial Public Offer of FirstInland Bank appears to have been over- subscribed. Facts from the Issuing Houses revealed this to us

Shares in SBI closed down 2.5 percent at 1,592.20 rupees, down 31 percent since the issue opened on Feb. 18, having fallen to a five-month low of 1,582.25 rupees in the afternoon.