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March 15, 2018 - March 19, 2018

Bandhan Bank IPO Subscription Details

Bandhan Bank IPO Subscription Status Live

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 March 19, 2018 (Day 3).

Investor CategorySubscription (times)Shares OfferedShares Bid forTotal Amount (Rs Cr.)*
Qualified Institutions38.6823,856,0990
Non-Institutional Buyers13.8917,892,0750
Retail Investors1.0641,748,1730
Employees[.]00
Others[.]00
Total 14.5683,496,3470

Disclaimer: *The total amount is calculated based on the final issue price or the price in the upper price range.


Bandhan Bank IPO (Day-wise) Subscription Details (times)

DateQIBNIIRetailTotal
Day 1
March 15, 2018
1.260.010.120.42
Day 2
March 16, 2018
2.330.240.330.88
Day 3
March 19, 2018
38.6813.891.0614.56

Bandhan Bank IPO Shares Offered

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.

CategoryShares OfferedAmount (Rs Cr) Size (%)
QIB23,856,099894.6028.57%
NII17,892,075670.9521.43%
Retail41,748,1731,565.5650.00%
Total83,496,3473,131.11100%

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)

    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.

  • Non-Institutional Investors(NII)

    Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.

    NII category has two subcategories:

    1. sNII (bids below Rs 10L)

      The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).

    2. bNII (bids above Rs 10L)

      The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.

  • Employee (EMP)

    A category of eligible employees who have a reserved quota in the IPO.

  • Others

    A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

Disclaimer: The above information / data is sourced from National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) websites and is subject to change in real time. For latest information / data, please refer to the respective websites. The information / data provided here in is for informational purposes only and is provided by Chittorgarh.com on "AS IS" and "AS AVAILABLE" basis and without warranty, express or implied. Chittorgarh.com does not warrant the accuracy, adequacy or completeness of the information you obtain through the above websites. Chittorgarh.com shall not be liable in any way for any discrepancies, errors, omissions, losses or damage. Chittorgarh.com, including its affiliates and its directors, staff and employees, shall not be liable for any loss, damage of any kind, including but not limited to direct, indirect, punitive, exemplary, consequential damages and lost profits arising in any way out of the use of information / data obtained through the said websites. The recipient alone is fully responsible / liable for any decision made based on this information / data. All recipients, before relying on the said information, should do their own research and seek appropriate professional advice.

Bandhan Bank IPO Subscription FAQs

The Bandhan Bank IPO is subscribed 14.56 by March 19, 2018.

Bandhan Bank IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional38.68
Non Institutional13.89
Retail Individual1.06
Employee Reservations[.]
Others[.]
Total Subscription14.56

Retail category of Bandhan Bank IPO subscribed 1.06 times as of date March 19, 2018. The public issue closes on March 19, 2018 for bidding.

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 March 19, 2018.

The Bandhan Bank IPO allotment status is expected on or around March 22, 2018. Visit Bandhan Bank IPO allotment status to check.

The Bandhan Bank IPO listing date is Tuesday, March 27, 2018. The equity share of Bandhan Bank Limited will list on BSE, NSE.

Visit Bandhan Bank IPO subscription status page for real-time bidding information about Bandhan Bank IPO.

Bandhan Bank IPO Timetable

IPO Opens OnMarch 15, 2018
IPO Closes OnMarch 19, 2018
Finalisation of Basis of AllotmentMarch 22, 2018
Initiation of RefundsMarch 23, 2018
Credit of Shares to Demat AccountMarch 26, 2018
IPO Listing DateMarch 27, 2018