Wednesday, March 14, 2018

Bandhan Bank IPO Subscribed 14.63 times overall & 1.20 times in retail

Bandhan Bank looks good with the price band and the financial results are strong too. As the gmp of Bandhan Bank looks good for last few days we can assume that the investors will surely go for the ipo. We can expect a good number of subscription in this ipo as Bharat Dynamics and others are not able to get the good gmp numbers. Check Bandhan Bank ipo gmp by day to day.

Bandhan Bank IPO Subscription: (Fully Subscribed)

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