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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
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Bandhan Bank IPO Date & Price

The Bandhan Bank IPO opens on Mar 15, 2018 and closes on Mar 19, 2018.

Bandhan Bank IPO timetable / schedule is as below:
  • 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

Bandhan Bank IPO price is set at ₹375 per equity share.

Bandhan Bank IPO will close for subscription at 5 PM on Mar 19, 2018. But most brokers stop accepting application between 1 PM to 3 PM.

The Bandhan Bank IPO starts on Mar 15, 2018. The issue ends on Mar 19, 2018.

Bandhan Bank IPO Issue Size and Subscription Status

The Bandhan Bank IPO size is 119280494 Equity Shares of ₹10 aggregating up to ₹4,473.02 Cr.

Bandhan Bank Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Bandhan Bank IPO shares through the banks (using ASBA) or through the broker (using UPI).

Bandhan Bank IPO Offer Size

Qualified Institutional Buyers (QIB)23,856,099 Shares
Non-Institutional Investors (NII)17,892,075 Shares
Retail Individual Investor (RII)41,748,173 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size83,496,347 Shares

Bandhan Bank IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)38.68 times times
Non-Institutional Investors (NII)13.89 times times
Retail Individual Investor (RII)1.06 times times
Employee Reservations times
Other Reservations times
Total Issue Size14.56 times times

Click here to check the Bandhan Bank IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Bandhan Bank IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Bandhan Bank IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Bandhan Bank IPO Allotment and Listing

The Bandhan Bank IPO allot status will be available online on Mar 22, 2018. Check the Bandhan Bank IPO Allotment Status here.

Click here to check Bandhan Bank IPO Allotment Status.

Bandhan Bank IPO listing Date is Mar 27, 2018. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Bandhan Bank IPO listing date and time is published by the exchange in a circular.

Click here to view the Bandhan Bank IPO Basis of Allotment.

It is hard to say at what price Bandhan Bank IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Bandhan Bank IPO shares will list on Mar 27, 2018 at BSE, NSE.

Bandhan Bank IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Bandhan Bank IPO which could help you with questions like Bandhan Bank IPO buy or not? You should also read Bandhan Bank IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Bandhan Bank IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Bandhan Bank IPO performance. The performance reports are available 1 day after listing.