Bandhan Bank IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 4473.02 Cr. The company is based in Kolkata and caters to Banking And Finance sector. Axis Bank , Goldman Sachs (India) Securities , J.P. Morgan India , Jm Financial are the merchant bankers of Bandhan Bank IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 30th December 2017.
Bandhan Bank IPO open date is 15th March 2018 and close date is 19th March 2018. IPO Allotment Date is 22nd March 2018 and Listing date is 27th March 2018.Bandhan Bank IPO size is ₹ 4473.02 Cr. with IPO price of ₹ 375.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Axis Bank Limited is the book-running lead manager of the Bandhan Bank IPO. Kfin Technologies Limited is the Registrar for Bandhan Bank IPO.
Bandhan Bank IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Bandhan Bank IPO, based in Kolkata, operates in the Banking And Finance sector with a focus on micro finance company. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Bandhan Bank IPO size is ₹ 4473.02 Cr. with fresh issue size of ₹ 4,473 and Offer for sale being ₹ Nil
The IPO allotment date for Bandhan Bank IPO is expected to be 22nd March 2018, after the finalization of basis of allotment. Investors can check Bandhan Bank IPO allotment status on the registrars website, Kfin Technologies Limited . Bandhan Bank IPO refund dates are 23rd March 2018.
Bandhan Bank IPO is expected to be listed on 27th March 2018.
The upper price band for the Bandhan Bank IPO is set at ₹ 375.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Bandhan Bank IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Bandhan Bank IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 19th March 2018. After submission, funds are blocked until the basis of allotment of Bandhan Bank IPO is finalised.
The merchant banker for Bandhan Bank IPO is Axis Bank Limited , Goldman Sachs (India) Securities Private Limited , J.P. Morgan India Private Limited , Jm Financial Limited . Axis Bank Limited , Goldman Sachs (India) Securities Private Limited , J.P. Morgan India Private Limited , Jm Financial Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Bandhan Bank IPO RHP for further details.
The registrar for Bandhan Bank IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Bandhan Bank IPO through their official website or helpline.
Bandhan Bank IPO was subscribed 14.56 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Bandhan Bank IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Bandhan Bank Financial Review Page
Merchant Banker(s) of Bandhan Bank IPO: Axis Bank Limited , Goldman Sachs (India) Securities Private Limited , J.P. Morgan India Private Limited , Jm Financial Limited
Bandhan Bank IPO subscription was 14.56 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Bandhan Bank IPO listed at a listing price of 477.20 against the offer price of 375.00.
The current market price of Bandhan Bank is 187.02.
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