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| 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 subscribed 14.56 times. The public issue subscribed 1.06 times in the retail category, 38.68 times in QIB, and 13.89 times in the NII category by Mar 19, 2018.
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutions | 38.68 |
| Non-Institutional Buyers | 13.89 |
| Retail Investors | 1.06 |
| Employees | [.] |
| Others | [.] |
| Total | 14.56 |
| Date | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 1 Mar 15, 2018 | 1.26 | 0.01 | 0.12 | 0.42 |
| Day 2 Mar 16, 2018 | 2.33 | 0.24 | 0.33 | 0.88 |
| Day 3 Mar 19, 2018 | 38.68 | 13.89 | 1.06 | 14.56 |
Bandhan Bank IPO is a public issue of 83,496,347 equity shares. The issue offers 41,748,173 shares to retail investors, 23,856,099 shares to qualified institutional buyers, and 17,892,075 shares to non-institutional investors.
| Category | Shares Offered | Amount (Rs Cr) |
|---|---|---|
| QIB | 23,856,099 | 894.60 |
| NII | 17,892,075 | 670.95 |
| Retail | 41,748,173 | 1,565.56 |
| Total | 83,496,347 | 3,131.11 |
Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.
Individual investors, NRIs, companies, trusts, etc who bid for more than Rs 2 lakhs are known as Non-institutional bidders or NII. They need not register with SEBI like QIIs.
The retail individual investor or NRIs who apply up to Rs 2,00,000 in an IPO are considered as RII reserved category.
A category of eligible employees who have a reserved quota in the IPO.
A category of eligible shareholders or other investors who have a reserved quota in the IPO.
The Bandhan Bank IPO is subscribed 14.56 by Mar 19, 2018.
| Investor Category | Subscription (times) |
|---|---|
| Qualified Institutional | 38.68 |
| Non Institutional | 13.89 |
| Retail Individual | 1.06 |
| Employee Reservations | [.] |
| Others | [.] |
| Total Subscription | 14.56 |
An investor can apply in Bandhan Bank IPO online via bank (using ASBA) or the broker (using UPI). The Bandhan Bank IPO shares are offered online only.
The Bandhan Bank IPO is subscribed 14.56 by Mar 19, 2018.
The Bandhan Bank IPO allotment status is expected on or around Mar 22, 2018. Visit Bandhan Bank IPO allotment status to check.
Visit Bandhan Bank IPO subscription status page for real-time bidding information about Bandhan Bank IPO.
| IPO Opens On | Mar 15, 2018 |
| IPO Closes On | Mar 19, 2018 |
| Finalisation of Basis of Allotment | Mar 22, 2018 |
| Initiation of Refunds | Mar 23, 2018 |
| Credit of Shares to Demat Account | Mar 26, 2018 |
| IPO Listing Date | Mar 27, 2018 |
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