The bank would also offer fresh issue of 9.76 crore shares to the public.
MD and CEO of Bandhan Bank Chandra Shekhar Ghosh said the lender's focus would continue to be on micro-credit and MSME, retail, affordable housing, loan against property, gold loan and loan against two-wheelers.
The price band of the issue has been fixed between Rs 370 to Rs 375 per share.
The merchant bankers would announce the list of anchor investors on March 14, and there is no discount on offer for retail investors.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)