Bandhan Bank Ltd IPO

Closed

Subscription Details

  • Open Date 15 Mar
  • Close Date 19 Mar
  • Lot Size 40
  • IPO Size ₹ 4473.02 Cr
  • IPO Price Range ₹ 375
  • Min Investment ₹ 15000

Bandhan Bank Ltd IPO Timeline

Open Date
15 Mar
Close Date
19 Mar
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

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.

How to apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Bandhan Bank Ltd IPO

Open Demat Account