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Bandhan Bank IPO Details

Issue Open Mar 15, 2018
Issue Close Mar 19, 2018
IPO Price ₹375
Face Value ₹10
IPO Size ₹4,473.02 Cr
Listing At BSE, NSE
IPO Lot Size 40

Bandhan Bank IPO Schedule

  • Bid/Offer Opens On: Mar 15, 2018
  • Bid/Offer Closes On: Mar 19, 2018
  • Finalization of Basis of Allotment: Mar 22, 2018
  • Initiation of refunds: Mar 23, 2018
  • Credit of Equity Shares: Mar 26, 2018
  • Listing Date: Mar 27, 2018

Check Bandhan Bank IPO allotment status online by clicking the button below. If you have difficulties finding the Bandhan Bank Limited IPO allotment status, please visit the website of the IPO registrar.

Note: Registrar of the Bandhan Bank IPO is responsible for IPO allotment. Please contact the registrar with any quires related to stock allocation or refund related problems. To understand the allocation of shares for Bandhan Bank Limited IPO, check the 'basis of allotment' document.

Bandhan Bank IPO Allotment FAQs

The Bandhan Bank IPO allotment status will be available on Mar 22, 2018, as per the timeline provided in the red-herring prospectus.

Below are the steps to check Bandhan Bank IPO allotment status online:

  • Visit the Bandhan Bank IPO allotment status page.
  • Click on the green Bandhan Bank IPO Allotment Status.
  • Enter either PAN number, Application Number or DP Client ID of the demat account to check the Bandhan Bank IPO allotment status.
  • Click Search.

Note: The disabled button shows that the allotment is not yet available online.

The allotment result looks like as below:

  • PAN No.: AHMLK1898J
  • Application No.: RL041213805307
  • Name: Mr. Rajveer Singh
  • Shares Applied: 40
  • Shares Allotted: 40

The expected listing price of Bandhan Bank IPO depends on many factors including demand, nature of the business, market environment and state of the economy. The Bandhan Bank IPO grey market premium gives some hint but the actual listing price is difficult to guess.

Bandhan Bank IPO allotment status is expected on Mar 22, 2018. Click the green button Bandhan Bank IPO Allotment Status above to check the allotment. Note the button remains to disable until the allotment is available online.

If Bandhan Bank IPO oversubscribed in the retail category, the Bandhan Bank IPO shares will be distributed on a proportionate basis to Retail Individual Investors (RII). Each retail investor will get a minimum of 1 lot subject to the availability of shares in the retail portion. If enough shares are not available, a lottery is drawn to choose the investors.

The Bandhan Bank IPO shares will get listed on Tuesday, March 27, 2018. The equity share of Bandhan Bank Limited will list on BSE, NSE.

The reason you didn't get the Bandhan Bank IPO could be:

  • IPO become oversubscribed and allotment process is completed through a lottery
  • The IPO application got rejected due to mismatch/incomplete information
  • The issue price is higher than the bid price. (Always apply on cut-off price).

The Bandhan Bank IPO will open for bidding on Mar 15, 2018. The IPO application closes on Mar 19, 2018.