RBL Bank IPO Price Band, Market Lot & Dates Details

IPO Initial Public Offerings
As per last few IPOs RBL Bank IPO looks more promising. RBL Bank IPO price band is good as per the analyst and RBL Bank grey market premium suggest high bidding at cut-off rates. Investors should invest for long term in RBL Bank IPO. As per the financials it shows continues growth in their business and IPO fund will surely help them with good opportunities are there to buy after listing as well.

RBL Bank IPO Dates & Price Band & Market Lot:

  • IPO Open: Aug 19, 2016
  • IPO Close: Aug 23, 2016
  • IPO Size: Offer for Sale of 16,909,628 Equity Shares of Rs 10
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs. 224 – Rs. 225
  • Listing on: BSE & NSE
RBL Bank IPO Market Lot:
  • Shares: Apply for 65 Shares (Minimum Lot Size)
  • Amount: Rs. 14,625

RBL Bank Financial:
Company has good growth in last few years. They are in the business since 1943. RBL Bank looks very strong as per the financials. PAT is increasing YOY from 65 crores (March 2012) to Rs. 208 Crores (March 2016). The growth is on the cards and IPO fund will give more boost to their business. Revenues is also 4 times then 2012. It was 532 crore in March 2012 and now in March 2015 it increased to 2356 crores. Good company to invest in.

Company Promoters:
RBL does not have any promoters as per SEBI Regulations and the Companies Act, 2013. It is professionally managed company.

Quick Links:
Draft Prospectus with SEBI
Red Herring Prospectus

IPO Registrar:
Link Intime India Private Ltd
Phone: +91-22-25963838
Fax: +91-22-25946969
Email: [email protected]
Website: http://www.linkintime.co.in

IPO Lead Managers:

  1. Axis Bank Limited
  2. Citigroup Global Markets India Private Limited
  3. HDFC Bank Limited
  4. ICICI Securities Limited
  5. IDFC Securities Limited
  6. IIFL Holdings Limited
  7. Kotak Mahindra Capital Company Limited
  8. Morgan Stanley India Company Pvt Ltd
  9. SBI Capital Markets Limited

Company Address:
RBL Bank Ltd,
1 st Lane, Shahupuri,
Kolhapur – 416 001
Phone: +91 231 6650 214
Fax: +91 231 2657 386
Email: [email protected]
Website: http://www.rblbank.com

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