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Bandhan Bank Limited IPO
MainboardRs 15,000/- ) / 40 Equity Shares
Bandhan Bank Limited IPO Details
The Bandhan Bank Limited IPO price band is set between Rs 370 - Rs 375 Per Equity Share, with a face value of Rs 10 per share. The issue is managed by Karvy Computershare Private Limited, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 15 Mar, 2018 and closes on 19 Mar, 2018. Investors can check the allotment status on 23 Mar, 2018, while the listing date is tentatively scheduled for 27 Mar, 2018.
The total issue size 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, aggregating up to . Stay tuned for the latest Bandhan Bank Limited IPO review and GMP updates.
Bandhan Bank Limited IPO Review, Rating & Analysis
Bandhan Bank Limited IPO Review
NO REVIEWBandhan Bank Limited IPO Rating
Bandhan Bank Limited IPO Highlights
IPO Date
Mar 15, 2018 - Mar 19, 2018
Listing Date
27 Mar, 2018
Face Value
Rs 10 Per Equity Share
Price Band
Rs 370 - Rs 375 Per Equity Share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
NSE, BSE ( B - Group )
Bandhan Bank Limited IPO Lot Size
The minimum market lot for Bandhan Bank Limited IPO is 40 shares with an application amount of ₹15,000. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 40 | ₹15,000 |
| Retail (Max) | 13 | 520 | ₹1,95,000 |
| S-HNI (Min) | 14 | 560 | ₹2,10,000 |
| S-HNI (Max) | 66 | 2640 | ₹9,90,000 |
| B-HNI (Min) | 67 | 2680 | ₹10,05,000 |
Bandhan Bank Limited IPO Timeline
Issue Price
Rs 370 - Rs 375 Per Equity ShareFace Value
Rs 10 Per Equity ShareListing at Group
NSE, BSE ( B - Group )Registrar
Karvy Computershare Private LimitedLead 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 LimitedIssue Size
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 CrPromoters & Share Holding
Promoter(s) Name
- BFHL
- BFSL
- FIT
- NEFIT
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
About Company
Bandhan Bank Limited IPO Subscription Details
| As on | QIB | NII bNII sNII | 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 |
Frequently Asked Questions about Bandhan Bank Limited IPO IPO
When will Bandhan Bank Limited IPO open for subscription?
The Bandhan Bank Limited IPO opens on 15 Mar, 2018 and closes on 19 Mar, 2018.
What is the investors portion for Bandhan Bank Limited IPO?
The investors' portion for QIB is 38.68 x, NII is 13.89, and Retail is 1.15 x.
How to apply for Bandhan Bank Limited IPO?
You can apply for Bandhan Bank Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Bandhan Bank Limited IPO?
The issue size of Bandhan Bank Limited IPO is approx ₹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 crores.
What is the price band of Bandhan Bank Limited IPO?
The price band for Bandhan Bank Limited IPO is Rs 370 to ₹ Rs 375 Per Equity Share.
What is the lot size of Bandhan Bank Limited IPO?
The minimum bid (lot size) for Bandhan Bank Limited IPO is 40 shares with an investment of approx Rs 15,000/- ) .
What is the allotment date of Bandhan Bank Limited IPO?
The allotment date for Bandhan Bank Limited IPO is 23 Mar, 2018.
What is the listing date of Bandhan Bank Limited IPO?
The listing date for Bandhan Bank Limited IPO is expected to be 27 Mar, 2018.
What is the GMP of Bandhan Bank Limited IPO?
The latest Grey Market Premium (GMP) for Bandhan Bank Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.