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RBL Bank Ltd IPO (RBL Bank IPO) Detail

Aug 19, 2016 - Aug 23, 2016

Incorporated in 1943 as a regional bank in Maharashtra, RBL Bank Ltd is a Mumbai India based private sector bank offering range of banking products and services to large corporations, SMEs, agricultural customers, retail customers and development banking & financial inclusion (low income) customers.

As of March 31, 2016, RBL had 197 branches and 362 ATMs spread across 16 Indian states serving over 1.9 million customers.Information in this paragraph is taken from chittorgarh.com, India's No. 1 IPO Investment Portal.

RBL acquired certain Indian businesses of the Royal Bank of Scotland (RBS), including the RBS's business banking, credit card and mortgage portfolio businesses, in 2014.

RBL's business segments consist of corporate and institutional banking, commercial banking, branch and business banking, agribusiness banking, development banking and financial inclusion and treasury and financial markets operations.Discuss this IPO on Chittorgarh.com, the most active IPO discussion forum.

RBL's Competitive Strengths:

1. Client focused approach to business resulting in growing brand recognition
2. Robust multi-channel distribution system
3. Partnerships that expand reach in rural markets
4. Growing net interest and non-interest income
5. Risk management and balance sheet focus
6. Modern and scalable information technology systems infrastructure
7. Focus on operational quality and scalability

Company Promoters:

RBL is a professionally managed company and does not have an identifiable promoter in terms of the SEBI Regulations and the Companies Act, 2013. Consequently, it has no 'promoter group' nor any 'group companies' in terms of the SEBI Regulations.

Company Financials:

Summary of financial Information
Particulars For the year/period ended (in Rs. Million)
31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13 31-Mar-12
Total Assets 391,600.91 271,036.49 181,970.77 129,622.74 72,072.67
Total Revenue 32,348.50 23,564.94 16,125.88 10,057.61 5,322.16
Profit After Tax (PAT) 2,968.02 2,084.51 928.88 925.28 657.43

Objects of the Issue:

The public issue comprises a fresh Issue and an offer for sale by the selling shareholders. Information in this section is taken from chittorgarh.com, India's No 1 IPO Investment Portal.

1. The Offer for Sale

RBL Bank will not receive any proceeds from the Offer for Sale.

2. The Fresh Issue

The proceeds from the fresh issue will be utilised towards the following objects:

A. Augment capital base to meet Bank's future capital requirements ;
B. Enhance their visibility and brand name among existing and potential customers.;
C. General corporate purposes.

RBL Bank IPO Details

IPO Opening Date Aug 19, 2016
IPO Closing Date Aug 23, 2016
Issue Type Book Built Issue IPO
Face Value ₹10 per equity share
IPO Price ₹224 to ₹225 per equity share
Market Lot 65 Shares
Min Order Quantity 65 Shares
Listing At BSE, NSE
Issue Size53,909,628 Eq Shares of ₹10
(aggregating up to ₹1,212.97 Cr)
Fresh Issue37,000,000 Eq Shares of ₹10
(aggregating up to ₹832.50 Cr)
Offer for Sale16,909,628 Eq Shares of ₹10
(aggregating up to ₹[.] Cr)

RBL Bank IPO Lot Size

The RBL Bank IPO market lot size is 65 shares. A retail-individual investor can apply for up to 13 lots (845 shares or ₹190,125).

Application Lots Shares Amount (Cut-off)
Minimum 1 65 ₹14,625
Maximum 13 845 ₹190,125

RBL Bank IPO Subscription Status (Bidding Detail)

The RBL Bank IPO is subscribed 69.62 times on Aug 23, 2016 18:18. The public issue subscribed 5.70 in the retail category, 85.08 in the QIB category, and 198.06 in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
QIB

85.08

NII

198.06

RII

5.70

Total

69.62

RBL Bank IPO Prospectus

RBL Bank IPO Rating

1098
4.1
Rating:Rated 4.1 stars
Vote Here ...

RBL Bank IPO Listing Date

Listing Date Wednesday, August 31, 2016
BSE Script Code 540065
NSE Symbol RBLBANK
Listing In B Group of Securities
ISIN INE976G01028
IPO Price ₹225 per equity share
Face Value ₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE
₹225.00
₹273.70
₹273.70
₹305.00
₹299.30
NSE
₹225.00
₹274.20
₹274.20
₹305.50
₹299.40

Company Contact Information

RBL Bank Ltd
RBL Bank Ltd,
1 st Lane, Shahupuri,
Kolhapur - 416 001
Phone: +91 231 6650 214
Email: ipo@rblbank.com
Website: http://www.rblbank.com

RBL Bank IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: rbl.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

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RBL Bank IPO FAQs

RBL Bank IPO is a main-board IPO of 53,909,628 equity shares of the face value of ₹10 aggregating up to ₹1,212.97 Crores. The issue is priced at ₹224 to ₹225 per equity share. The minimum order quantity is 65 Shares.

The IPO opens on Aug 19, 2016, and closes on Aug 23, 2016.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The RBL Bank IPO opens on Aug 19, 2016 and closes on Aug 23, 2016.

RBL Bank IPO lot size is 65 Shares and the minimum order quantity is 65 Shares.

You can apply in RBL Bank IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for RBL Bank IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the RBL Bank IPO allotment status.

The RBL Bank IPO listing date is on Wednesday, August 31, 2016.

RBL Bank IPO Message Board

Ranked Members  Ranked Members

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1185. Septa |Nov 1, 2016 09:22
IPO Guru IPO Guru (4000+ Posts, 4600+ Likes)
Look like RBL is flying at result day it was around 300. As said on list stock like this should be accumulated at every dips
1184. Yash G |Nov 1, 2016 00:34
RBL ka new High 399.90
1183. ramesh jariwala |Oct 19, 2016 17:57
RBL Bank''s Q2 17 NII @ 302.94 cr vs 189.93 cr yoy. PAT @ 89.89 cr vs 66.93 cr yoy. Gnpa @ 1.10% vs 1.13% qoq and Nnpa @ 0.55% vs 0.66% qoq....
profit jumped by 34 %... even on higher provisonsss.
nice result by rbl
1182. Golong |Oct 19, 2016 17:15
The results are out on BSE website and looks good with 35% increase in profit. Provision though got increased considerably but still very very less compare to any other bank.
1181. Msharma |Oct 14, 2016 12:56
RBL seems rocking!!
1181.1. shareipo |Oct 19, 2016 16:20
how r results ?
1181.2. Golong |Oct 19, 2016 17:15
check on BSE website.
1180. shareipo |Sep 8, 2016 10:51
dividend of RBL ?
1180.1. RAJA HINDUSTANI |Oct 18, 2016 21:01
May announce 5 Rs Interim Tomorrow after Result out then ....
1179. Splash |Sep 6, 2016 12:15
There has been a block deal of 1309539 shares in RBL Bank at Rs 305.05 per share, valued at Rs 39.95 crore on NSE today.
1179.1. AMRISHIPO |Sep 7, 2016 18:33
BUT why some one sold
1178. Kadam Devidas |Sep 5, 2016 11:53
Septa sir / Eagleye mam, pl advise RBL Bank can we hold or sale, if hold then how much period & what is tentitive target. You guidence very valuable for us. Pl reply both of you.
1177. gamble |Sep 3, 2016 16:55
IPO Guru IPO Guru (1600+ Posts, 3900+ Likes)
Very much disappointment from inox..

FY17 Q1 (yoy)
PAT down by 80%
EBITDA down by 51%
Revenues down by 32%
Eps (stanalone) .82
Eps( conso) .53


All profit goes on inventory it seems..and new blades and tower cost...


But if u remember..
Inox Q4 results

PAT was up by 116%(record high)
Income was up by 97%

Despite of that stock was fallen down like anything from 291.75 to 233(in results day itself)

...

So this time completly reverse situation
Hope for not much fall...or wild hope for some sharp gain...like some black magic by operator..


I hv decided to kip it till nxt quarter.
My avg is 198

1176. gamble |Sep 2, 2016 14:55
IPO Guru IPO Guru (1600+ Posts, 3900+ Likes)
Aftet correction from 1600-1520...alkem back in action today....

94. gamble Aug 13, 2016 10:46:49 AM IST Reply
RBL Bank Ltd IPO

Alkem lab eps for Q1 21.04 ....omg !!!

Estimate 21.04*4 =84.16 *25(pE)==2104...

Even if eps goes to near 75 then also 25*75 == 1875

Wow...!!

Buy on every 50-70 rs drop.
1175. Splash |Sep 2, 2016 14:10
There has been a block deal of 250020 shares in RBL Bank at Rs 301.25 per share, valued at Rs 7.53 crore on NSE now.
1174. gamble |Sep 2, 2016 14:05
IPO Guru IPO Guru (1600+ Posts, 3900+ Likes)
Idea now 83.9 ..looks like big gain in intra...


1157. gamble Sep 2, 2016 10:35:47 AM IST Reply

Bought idea for only intra purpose...@81.5 ..with sl 79.6...will see if some gains..!!
1173. shareipo |Sep 2, 2016 12:51
thyrocare view khemka plz
1172. gamble |Sep 2, 2016 10:44
IPO Guru IPO Guru (1600+ Posts, 3900+ Likes)
Hit 495 ...

1145. gamble Aug 31, 2016 10:05:18 PM IST Reply
Day 3 - Aug 11, 2015 17:40 IST
QiB. NII. RII total
27.53 133.22 3.42 38.12


This is the subs. Data of share name
" power mech project "

Results are out exclusive of Q1 with 11.32 EPS and 16.64 cR NP
Yoy was 12.64 and 15.9 cr..


May b good buy???
Although vol. Are very less...
CMP 460 ipo price was 640 high 702 low 452.

Imo it''''s good buy..
1172.4. gamble |Sep 2, 2016 12:43
IPO Guru IPO Guru (1600+ Posts, 3900+ Likes)
I''m personally not do apply in any SME ipo,,but according to it''s valuation and some expert''s review there will b good gain...
1172.5. Shivajee |Sep 4, 2016 16:22
IPO Mentor IPO Mentor (700+ Posts, 100+ Likes)
Hi gamble and niceplay...and others.

Is the SME IPO easily sellable in the market? Some are doubtful about the liquidity...whether the money will come or disappear. For some time, I m thinking SME, but not sure to apply for it due to this liquidity issue. Kindly clarify if you people can.
1171. gamble |Sep 2, 2016 10:35
IPO Guru IPO Guru (1600+ Posts, 3900+ Likes)
Bought idea for only intra purpose...@81.5 ..with sl 79.6...will see if some gains..!!

1170. gamble |Sep 2, 2016 10:08
IPO Guru IPO Guru (1600+ Posts, 3900+ Likes)
Now situation under control in RBL ...firmly trading @299...
1169. gamble |Sep 2, 2016 09:22
IPO Guru IPO Guru (1600+ Posts, 3900+ Likes)
1145.4. gamble Sep 1, 2016 9:34:43 AM IST
Book profit in mgl. And ur ipo holder u must book some profit before rrsults...if results like igl then it will rise to 700 otherwise not

If
Good/average : will fall 10%
Excellent : rise 5%
Below average : 15% fall..








May b type 1 results..good..so only 10% fall.
1168. KARTIK SHAH |Sep 1, 2016 19:24
My application amt for RBL still not unblocked, pls tell if anybody''s amt have been unblocked, pls reply
1167. Ipo tracker |Sep 1, 2016 13:16
IPO Mentor IPO Mentor (500+ Posts, 100+ Likes)
Icici pru being 5000cr issue, retail quota can have around 12,00,000 lots, final figure depending upon declaration of issue details one week before issue date. Everybody will get one lot or more. Should be given a slogan
ONE APPLICATION, ONE LOT.
EK ARJI, EK LOT
1167.1. Chem cho |Sep 1, 2016 16:01
IPO Guru IPO Guru (2200+ Posts, 2300+ Likes)
IT IS LOOT
BIG ISSUE 5000 CR
ISSUE SIZE SHOULD BE BETWEEN 800 TO 1200 CR FOR LISTING GAINS
1166. Ipo tracker |Sep 1, 2016 11:53
IPO Mentor IPO Mentor (500+ Posts, 100+ Likes)
Visited some other ipo forum, and found this post.
*
EagleEye August 31 , 2016 at 10 :02 am
I once again proved correct. RBL opened at Rs . 274 . 20 . Thank God … Enjoy listing
*
Fully convinced that this is not original eagleye who was posting here.. for reasons..
As we all know eagleye do not post on listing day
Never posted here.. that '''' i"m correct after listing''''.
Can''t type such a grammatically incorrect sentence.
In another page ee is seen advocating members to visit l&tt page to get more details abt the co, why would any member say like that.
I see it as a ploy to get some members on the board. So beware, at least i''m not convinced.
Many members have left this forum... they have full freedom to do so.
Atleast i''m not going to request anyone to come back. Choice is theirs..
I''ve posted just to alert members.
1166.2. Rajurajkamal |Sep 1, 2016 21:27
exactly IPOTRACKER. this is not the same eagleye whom we had here... anyways better if they come back ... at the end it is all individual freedom :)
1166.3. atul |Sep 1, 2016 22:46
Top Contributor Top Contributor (200+ Posts)
Zindi bhar eagleye ke sahare rahoge kya?