Bandhan Bank Limited IPO
Bandhan Bank Limited was a mainboard IPO in the Private Sector Bank sector, offered at ₹370–₹375 per share to raise ₹4,473 crore. The issue was subscribed 14.63× overall (QIBs 38.67×, NIIs 13.89×, retail 1.2×). It listed on 27 Mar 2018 at ₹499 and closed its first day at ₹477, a listing gain of +27.2% versus the ₹375 issue price. It now trades around ₹154 (-58.9% versus the issue price).
Frequently asked questions
- How many times was the Bandhan Bank Limited IPO subscribed?
- The Bandhan Bank Limited IPO was subscribed 14.63× overall — 38.67× in the QIB category, 13.89× among non-institutional investors, 1.2× in retail.
- What were the Bandhan Bank Limited IPO listing gains?
- Bandhan Bank Limited listed on 27 Mar 2018 at ₹499, closing its first day at ₹477 — a listing gain of +27.2% versus the ₹375 issue price.
- What were the retail allotment odds for the Bandhan Bank Limited IPO?
- Retail was subscribed 1.2×, so a single-lot application had roughly a 83.3% chance of allotment — most applicants were allotted, and allotment was finalised on 21 Mar 2018.
- What was the price band and lot size of the Bandhan Bank Limited IPO?
- The price band was ₹370–₹375 per share, with a minimum lot of 40 shares (₹15,000 at the upper band).
- Who were the registrar and lead manager for the Bandhan Bank Limited IPO?
- Karvy Computershare Private Limited was the registrar, and Kotak Mahindra Capital was the book-running lead manager.