Bandhan Bank IPO - Important Dates, Price Band, Market Lot Details, GMP

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With the current weak sentiments in banking sector; Bandhan Bank Limited is coming up with an IPO in March. The company incorporated in 2014 and based in Kolkata.

Bandhan Bank Company Details

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. Bandhan Bank has good network in East and Northeast India, with West Bengal, Assam and Bihar.

Company Promoters

  • BFHL
  • BFSL
  • FIT
  • NEFIT

Company Address:

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/

Bandhan Bank IPO Review

Apply for Listing + Short Term + Long Term gain

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:

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)
Revenues
7.9173143202618
Expenses
5.6131826161609
PAT
0.62751112658
Annual Report

Quick Links

DRHP 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
Location: India

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