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RBL Bank Ltd IPO (RBL Bank IPO) Detail

August 19, 2016 - August 23, 2016

RBL Bank IPO is a book built issue of Rs 1,212.97 crores. The issue comprises of fresh issue of Rs 832.50 crore and offer for sale of 1.69 crore shares.

RBL Bank IPO bidding started from August 19, 2016 and ended on August 23, 2016. The shares got listed on BSE, NSE on August 31, 2016.

RBL Bank IPO price band is set at ₹224 to ₹225 per share. The minimum lot size for an application is 65 Shares. The minimum amount of investment required by retail investors is ₹14,625.

Axis Bank Limited, Citigroup Global Markets India Private Limited, Hdfc Bank Limited, ICICI Securities Limited, Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd), Iifl Securities Ltd, Kotak Mahindra Capital Company Limited, Morgan Stanley India Company Pvt Ltd and SBI Capital Markets Limited are the book running lead managers of the RBL Bank IPO, while Link Intime India Private Ltd is the registrar for the issue.

Refer to RBL Bank IPO RHP for detailed information.

RBL Bank IPO Details

IPO Date August 19, 2016 to August 23, 2016
Listing Date August 31, 2016
Face Value ₹10 per share
Price Band ₹224 to ₹225 per share
Lot Size 65 Shares
Total Issue Size53,909,628 shares
(aggregating up to ₹1,212.97 Cr)
Fresh Issue37,000,000 shares
(aggregating up to ₹832.50 Cr)
Offer for Sale16,909,628 shares of ₹10
(aggregating up to ₹[.] Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE

RBL Bank IPO Reservation

RBL Bank IPO offers 37,901,919 shares. 10,864,515 (28.66%) to QIB, 8,111,221 (21.40%) to NII, 18,926,183 (49.93%) to RII. 291,172 RIIs will receive minimum 65 shares and (sNII) and (bNII) will receive minimum 910 shares. (in case of oversubscription)

Investor Category Shares OfferedMaximum Allottees
Anchor Investor Shares Offered-NA
QIB Shares Offered10,864,515 (28.66%)NA
NII (HNI) Shares Offered8,111,221 (21.40%)
Retail Shares Offered18,926,183 (49.93%)291,172
Total Shares Offered37,901,919 (100%)

RBL Bank IPO Lot Size

Investors can bid for a minimum of 65 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 65 ₹14,625
Retail (Max) 13 845 ₹190,125
Lot Size Calculator

About RBL Bank Ltd

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, 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, 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 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 (RBL Bank IPO Objectives)

The public issue comprises a fresh Issue and an offer for sale by the selling shareholders. Information in this section is taken from, 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 Review (Apply)

[Dilip Davda]  Bank has continued to outperform on Y-o-Y with modern business practices and governance in place. Banking counters are now gauged on asset quality aspects. Considering this, issue may be considered by investors for long term investment. Read detail review...

RBL Bank IPO Subscription Status (Bidding Detail)

The RBL Bank IPO is subscribed 69.62 times on August 23, 2016 6:18:00 PM. The public issue subscribed 5.70 times in the retail category, 85.08 times in the QIB category, and 198.06 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

RBL Bank IPO Prospectus

RBL Bank IPO Rating

Rating:Rated 4.1 stars
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RBL Bank IPO Listing Details

Listing Date August 31, 2016
BSE Script Code 540065
ISIN INE976G01028
Final Issue Price ₹225 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

Check IPO Performance…

RBL Bank Ltd Contact Details

RBL Bank Ltd
RBL Bank Ltd,
1 st Lane, Shahupuri,
Kolhapur - 416 001
Phone: +91 231 6650 214

RBL Bank IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270


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 share. The minimum order quantity is 65 Shares.

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

RBL Bank IPO lot size is 65 Shares, and the minimum amount required is ₹14,625.

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, Nuvama, 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 August 31, 2016.
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RBL Bank IPO Message Board

Ranked Members of Forum  Ranked Members | Members with Most Likes



1179. Septa |   Link |  Bookmark |November 1, 2016 9:22:31 AM (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
1178. Yash G |   Link |  Bookmark |November 1, 2016 12:34:02 AM
RBL ka new High 399.90
1177. ramesh jariwala |   Link |  Bookmark |October 19, 2016 5:57:19 PM
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
1176. Golong |   Link |  Bookmark |October 19, 2016 5:15:38 PM
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.
1175. Msharma |   Link |  Bookmark |October 14, 2016 12:56:12 PM
RBL seems rocking!!
1175.1. shareipo |   Link |  Bookmark |October 19, 2016 4:20:28 PM
how r results ?
1175.2. Golong |   Link |  Bookmark |October 19, 2016 5:15:53 PM
check on BSE website.
1174. shareipo |   Link |  Bookmark |September 8, 2016 10:51:35 AM
dividend of RBL ?
1174.1. RAJA HINDUSTANI |   Link |  Bookmark |October 18, 2016 9:01:56 PM
May announce 5 Rs Interim Tomorrow after Result out then ....
1173. Splash |   Link |  Bookmark |September 6, 2016 12:15:32 PM
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.
1173.1. AMRISHIPO |   Link |  Bookmark |September 7, 2016 6:33:20 PM
BUT why some one sold
1172. Kadam Devidas |   Link |  Bookmark |September 5, 2016 11:53:24 AM
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.
1171. gamble |   Link |  Bookmark |September 3, 2016 4:55:33 PM (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 some black magic by operator..

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

1170. gamble |   Link |  Bookmark |September 2, 2016 2:55:57 PM (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


Buy on every 50-70 rs drop.
1169. Splash |   Link |  Bookmark |September 2, 2016 2:10:23 PM
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.
1168. gamble |   Link |  Bookmark |September 2, 2016 2:05:02 PM (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..!!
1167. shareipo |   Link |  Bookmark |September 2, 2016 12:51:59 PM
thyrocare view khemka plz
1166. gamble |   Link |  Bookmark |September 2, 2016 10:44:50 AM (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..
1166.4. gamble |   Link |  Bookmark |September 2, 2016 12:43:36 PM (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...
1166.5. Shivajee |   Link |  Bookmark |September 4, 2016 4:22:04 PM (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.
1165. gamble |   Link |  Bookmark |September 2, 2016 10:35:47 AM (1600+ Posts, 3900+ Likes)
Bought idea for only intra purpose...@81.5 ..with sl 79.6...will see if some gains..!!

1164. gamble |   Link |  Bookmark |September 2, 2016 10:08:23 AM (1600+ Posts, 3900+ Likes)
Now situation under control in RBL ...firmly trading @299...
1163. gamble |   Link |  Bookmark |September 2, 2016 9:22:32 AM (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

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

May b type 1 only 10% fall.
1162. KARTIK SHAH |   Link |  Bookmark |September 1, 2016 7:24:42 PM
My application amt for RBL still not unblocked, pls tell if anybody''s amt have been unblocked, pls reply
1161. Ipo tracker |   Link |  Bookmark |September 1, 2016 1:16:54 PM (500+ Posts, 200+ 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
1161.1. Chem cho |   Link |  Bookmark |September 1, 2016 4:01:20 PM
IPO Guru IPO Guru (2500+ Posts, 2700+ Likes)
1160. Ipo tracker |   Link |  Bookmark |September 1, 2016 11:53:08 AM (500+ Posts, 200+ 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.
1160.2. Rajurajkamal |   Link |  Bookmark |September 1, 2016 9:27:51 PM
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 :)
1160.3. atul |   Link |  Bookmark |September 1, 2016 10:46:12 PM (300+ Posts)
Zindi bhar eagleye ke sahare rahoge kya?