Exchanges
BSE, NSE
Issue
Book building

Bandhan Bank IPO

₹476.85

+27.16% on listing

Listing-day close · NSE · 27 Mar 2018 · issue price ₹375

Bandhan Bank’s ₹4,473 crore IPO was priced at ₹375 a share. It listed on the NSE on 27 Mar 2018 and closed its first day at ₹476.85, up 27.16% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹4,473 Cr
Fresh issue
₹3,662 Cr
Offer for sale
₹811 Cr
Lot size
40 shares
Minimum investment
₹15,000
Face value
₹10
Registrar
Kfin Technologies

Subscription

Bandhan Bank IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—10.51×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹44,730 Cr
Promoter holding
89.62% → 80.47%

From the offer documents.

Listing

Listing date
27 Mar 2018
Issue price
₹375
Open
₹499.00
High
₹499.00
Low
₹455.00
Close
₹476.85

Listing day on the NSE. The close was +27.16% on the issue price.

BANDHANBNK share price today

FAQs

When did the Bandhan Bank IPO open and close?

It opened on 15 Mar 2018 and closed on 19 Mar 2018.

What was the Bandhan Bank IPO price?

The price band was ₹370–375 a share. The final issue price was ₹375.

What is the lot size and minimum investment?

One lot is 40 shares, ₹15,000 at ₹375 a share. Retail investors apply in whole lots.

How much did Bandhan Bank raise?

₹4,473 crore: ₹3,662 crore of new shares and ₹811 crore offered by existing shareholders.

How many times was the Bandhan Bank IPO subscribed?

10.51 times overall.

How did Bandhan Bank list?

It listed on the NSE on 27 Mar 2018 at ₹499.00 and closed the day at ₹476.85, up 27.16% on the ₹375 issue price.

Who is the registrar of the Bandhan Bank IPO?

Kfin Technologies handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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