Business Standard

Bandhan Bank Ltd - IPO

Issue Type

Book Building

Issue Size (₹ Cr.)

4,473.02 cr

Price Range (₹)

375

Lot Size

40

Min Investment (₹)

15,000.00

Listing Exchange

MumbaiNSE

Open Date

15-Mar-2018

Close Date

19-Mar-2018

Listing Date

27-Mar-2018

Bandhan Bank Ltd News

    The Shares of Bandhan Bank Ltd have now been listed.

    Bandhan Bank Ltd IPO Details

    Public issue of 119,280,494 equity shares* of face value of Rs.10 each (the equity shares) of Bandhan Bank Limited (the bank) for cash at a price of Rs. 375 per equity share (including a share premium of Rs. 365 per equity share) aggregating to Rs. 4473.02 Crores* (the issue) Consisting of a fresh issue of 97,663,910 equity shares* aggregating to Rs. 3662.40 Crores* by the Bank and an offer for sale of 14,050,780 Equity shares* by IFC aggregating to Rs. 526.90 Crores* and 7,565,804 equity shares* by IFC FIG aggregating to Rs. 283.72 Crores* (collectively, the selling shareholders and such equity shares offered by the selling shareholders, the offered shares) (offer for sale). The issue constitutes 10% of the post issue paid-up equity share capital of the bank.The face value of equity shares is Rs. 10 each. The issue price is Rs. 375 per equity share and is 37.5 times the face value of the equity shares.

    Objective of issue

    For augmentation of the Bank's Tier - I capital base.

    Bandhan Bank Ltd Contact Details

    Bandhan Bank Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

    Phone - 91-40-67162222

    Fax - 91-40-23001153/23420814

    Email - investors@bandhanbank.com

    Website - www.bandhanbank.com