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
		2015	2016	2017	2018 (H1)
Revenues		7.9	1731	4320	2618
Expenses		5.6	1318	2616	1609
PAT		0.6	275	1112	658

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/

 Bandhan Bank IPO, Current IPO 2018, IPO 2018, IPO in India, IPO Information, New IPO 2018, Upcoming IPO, Upcoming IPO 2018  5 comments