Saturday, March 24, 2018

Bandhan Bank IPO Listed in Premium, Hits High of 499 on NSE

   
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Bandhan Bank ipo to list on 27th March, Tuesday on BSE and NSE. As the last day of subscription was superb for the Bandhan Bank and the listing will give some hope for retail investors as well. As the market is not in a good mood but we can expect some recoveries and on Tuesday we can have good listing expect of Bandhan Bank. Bandhan Bank to list around 420-440 level as per the current gmp. If market will be in green we can expect it to go around 480-500 level while on a down side we can expect it to go around 400 levels. Be ready for some roller coaster ride for sure. Happy Investing!

It was a good listing in choppy market. The Bandhan Bank opened at 499 on NSE while 485 on BSE and then set the way back to 455 on both the indices. The good listing was expected as grey market was active with Rs.40 premium and 1100 kostak and it was listed far away at 499. A superb listing of the March Month.

Bandhan Bank IPO Listing Date, Listing Price, NSE Code, ISIN Number & Other Details are given below:


BSE Code 541153
NSE Code BANDHANBNK
Group B
ISIN No INE545U01014
Offer Price Rs.370 / 375
Face Value Rs.10
Listing Date 27-Mar-18, Tuesday

Bandhan Bank IPO Listing Price: Live Quote


Details BSE Listing NSE Listing
Listing Price
485.00
499.00
High Price
498.40
499.00
Low Price
455.00
455.00
Close Price
477.20
476.85


Bandhan Bank IPO Subscription: (Fully Subscribed)


DayQIBNIIRIIEMPTotal
Day 11.260.010.12N/A0.42
Day 22.330.240.33N/A0.89
Day 3 38.6813.891.20N/A14.63

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

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