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:
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.
Company Promoters:
DRHP Draft Prospectus
RHP Draft Prospectus
Bandhan Bank IPO Registrar:
Karvy Computershare Private Limited
Phone: +91-40-23312454
Fax: +91-40-23311968
Email: bandhanbank.ipo@karvy.com
Website: http://karisma.karvy.com
Bandhan Bank IPO Lead Managers:
Bandhan Bank Limited
DN 32, Sector V, Salt Lake,
Kolkata 700 091
Phone: 033 6609 0909
Fax: 033 6609 0502
Email: investors@bandhanbank.com
Website: https://www.bandhanbank.com/
- Apply with Short Term and Long Term View
- 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
- Shares: Apply for 40 Shares (Minimum Lot Size)
- Amount: Rs.15,000
- Basis of Allotment: 22-March-2018
- Refunds: 23-March-2018
- Credit to demat accounts: 26-March-2018
- Listing: 27-March-2018
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
DRHP Draft Prospectus
RHP Draft Prospectus
Bandhan Bank IPO Registrar:
Karvy Computershare Private Limited
Phone: +91-40-23312454
Fax: +91-40-23311968
Email: bandhanbank.ipo@karvy.com
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
Bandhan Bank Limited
DN 32, Sector V, Salt Lake,
Kolkata 700 091
Phone: 033 6609 0909
Fax: 033 6609 0502
Email: investors@bandhanbank.com
Website: https://www.bandhanbank.com/
