RBL Bank Limited IPO
RBL Bank Limited was a mainboard IPO in the Private Sector Bank sector, offered at ₹224–₹225 per share to raise ₹1,213 crore. The issue was subscribed 69.62× overall (QIBs 85.08×, NIIs 198.06×, retail 5.7×). It listed on 31 Aug 2016 at ₹274 and closed its first day at ₹299, a listing gain of +33.1% versus the ₹225 issue price. It now trades around ₹351 (+56.0% versus the issue price).
Frequently asked questions
- How many times was the RBL Bank Limited IPO subscribed?
- The RBL Bank Limited IPO was subscribed 69.62× overall — 85.08× in the QIB category, 198.06× among non-institutional investors, 5.7× in retail.
- What were the RBL Bank Limited IPO listing gains?
- RBL Bank Limited listed on 31 Aug 2016 at ₹274, closing its first day at ₹299 — a listing gain of +33.1% versus the ₹225 issue price.
- What were the retail allotment odds for the RBL Bank Limited IPO?
- Retail was subscribed 5.7×, so a single-lot application had roughly a 17.5% chance of allotment (about 1 in 6), and allotment was finalised on 25 Aug 2016.
- What was the price band and lot size of the RBL Bank Limited IPO?
- The price band was ₹224–₹225 per share, with a minimum lot of 65 shares (₹14,625 at the upper band).
- Who were the registrar and lead manager for the RBL Bank Limited IPO?
- Link Intime India Private Limited was the registrar, and Kotak Mahindra Capital was the book-running lead manager.