Bandhan Bank Limited IPO
Mainboard
₹ 15000 /40 Shares
15 Mar, 2018
Open Date19 Mar, 2018
Close Date23 Mar, 2018
Allotment Date27 Mar, 2018
Listing DateIPO Issue Details
- Issue Price Rs 370 - Rs 375 Per Equity Share
- Face Value Rs 10 Per Equity Share
- Issue Price 11,92,80,494 Equity Shares of Rs 10 with aggregating up to Rs 4473.02 Cr# Fresh Issue of 9,76,63,910 Equity Shares of Rs 10 aggregating up to Rs 3662.40 Cr # Offer for Sale of 2,16,16,584 Equity Shares of Rs 10 aggregating up to Rs 810.62 Cr
- Listing at NSE, BSE ( B - Group )
- Lead Manager Axis Bank Limited, Goldman Sachs (India) Securities Private Limited, J.P. Morgan India Private Limited, JM Financial Consultants Private Limited and Kotak Mahindra Capital Company Limited
- Registrar Karvy Computershare Private Limited
IPO Details
- Retail Portion N/A
IPO Details
The IPO of is priced at ₹370 - 375 per equity share, which has a face value of Rs 10 Per Equity Share each, IPO bidding starts from Mar 15, 2018 and ends on Mar 19, 2018. The allotment for IPO will be finalized on Mar 23, 2018. IPO will be listed on BSE, NSE, with a tentative listing date fixed as Mar 27, 2018. The company shall list its equity shares on the NSE, BSE ( B - Group ). Karvy Computershare Private Limited is the registrar of the issue.
The book-running lead manager for the IPO is/are Axis Bank Limited, Goldman Sachs (India) Securities Private Limited, J.P. Morgan India Private Limited, JM Financial Consultants Private Limited and Kotak Mahindra Capital Company Limited.
The IPO sets its price band at 370 - 375 for each share. A single application for Bandhan Bank Limited IPO must contain at least 40 shares.
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IPO Subscription Analysis And Details
| As on | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 2,38,56,099 | 1,78,92,075 | 4,17,48,173 | 8,34,96,347 |
|
Day 1
15-03-18
|
1.26 x | 0.01 | 0.12 x | 0.42 x |
|
Day 2
16-03-18
|
2.33 x | 0.24 | 0.33 x | 0.89 x |
|
Day 3
17-03-18
|
38.68 x | 13.89 | 1.15 x | 14.61 x |
Valuations
IPO - Issue Objectives
Offer for SaleCompany will not receive any proceeds from the Offer for Sale.
Fresh Issue(a) Augment Bank's Tier-I capital base to meet Bank's future capital requirements.
IPO - FAQs
Ans. Bandhan Bank Limited IPO is a Mainboard IPO. The issue is priced at Rs 370 - Rs 375 Per Equity Share. The minimum order quantity is 40 Shares. The IPO opens on Mar 15, 2018, and closes on Mar 19, 2018. Karvy Computershare Private Limited is the registrar for the IPO. The shares are proposed to be listed on NSE, BSE ( B - Group ).
Ans. The Bandhan Bank Limited IPO opens on Mar 15, 2018 and closes on Mar 19, 2018.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Bandhan Bank Limited IPO is 11,92,80,494 Equity Shares of Rs 10 with aggregating up to Rs 4473.02 Cr# Fresh Issue of 9,76,63,910 Equity Shares of Rs 10 aggregating up to Rs 3662.40 Cr # Offer for Sale of 2,16,16,584 Equity Shares of Rs 10 aggregating up to Rs 810.62 Cr.
Ans. The Bandhan Bank Limited IPO price band is set between Rs 370 - Rs 375 Per Equity Share.
Ans. To apply for Bandhan Bank Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Bandhan Bank Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Bandhan Bank Limited IPO is Mar 23, 2018.
Ans. The Bandhan Bank Limited IPO will be listed on Mar 27, 2018.
Ans. Follow the steps to check the Bandhan Bank Limited IPO allotment status online.
