Bandhan Bank IPO Dates, Price Band, Market Lot Details

Bandhan Bank Limited is coming up with an IPO in March. The company incorporated in 2014 and based in Kolkata. Its a commercial bank and doing micro banking and general banking services. Their target is Pan-India customers. They have around 10 million micro loan customers. The bank has 864 branches with 386 ATMs. The results are superb for the company and coming years will be a good growing business for the Bank. Bandhan Bank has good network in East and Northeast India, with West Bengal, Assam and Bihar.

Bandhan Bank IPO Review:

  • Apply with Short Term and Long Term View

Bandhan Bank IPO Dates & Price Band: (Approx)

  • IPO Open: 15-March-2018
  • IPO Close: 19-March-2018
  • IPO Size: Approx Rs. 4470 Crore (Approx)
  • Face Value: Rs. 10 Per Equity Share
  • Price Band: Rs.370 to 375 Per Share
  • Listing on: BSE & NSE
  • Retail Portion: 35%
  • Equity: 119,280,494 Shares

Bandhan Bank IPO Market Lot:

  • Shares: Apply for 40 Shares (Minimum Lot Size)
  • Amount: Rs.15,000

Bandhan Bank IPO Allotment & Listing:

  • Basis of Allotment: 22-March-2018
  • Refunds: 23-March-2018
  • Credit to demat accounts: 26-March-2018
  • Listing: 27-March-2018

Bandhan Bank Financial:
Just look at the financial reports and its growing superbly from where it started. The Bandhan Bank shown a good PAT in 2017 which was up by 4 times compare to 2016 and its growing in 2018 as well. It will be surely give a good short term returns while one can stay long as well.

Rs. in Crore
2015201620172018 (H1)
Revenues7.9173143202618
Expenses5.6131826161609
PAT0.62751112658

Company Promoters:

  • BFHL
  • BFSL
  • FIT
  • NEFIT

Quick Links:
DRHP Draft Prospectus
RHP Draft Prospectus

Bandhan Bank IPO Registrar:
Karvy Computershare Private Limited
Phone: +91-40-23312454
Fax: +91-40-23311968
Email: [email protected]
Website: http://karisma.karvy.com

Bandhan Bank IPO Lead Managers:

  • Axis Bank Limited
  • Goldman Sachs (India) Securities Private Limited
  • J.P. Morgan India Private Limited
  • JM Financial Consultants Private Limited
  • Kotak Mahindra Capital Company Limited

Company Address:
Bandhan Bank Limited
DN 32, Sector V, Salt Lake,
Kolkata 700 091
Phone: 033 6609 0909
Fax: 033 6609 0502
Email: [email protected]
Website: https://www.bandhanbank.com/

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