Bandhan Bank Limited IPO

Add to Calendar 2018-03-15 12:00 AM 2018-03-19 12:00 AM Asia/Kolkata Bandhan Bank Limited IPO Bandhan Bank Limited India

Bandhan Bank is a banking sector based organization operating from Kolkata. The company focuses on micro banking and normal banking services through more than 2500 doorstep service center and 860 bank branches and 386 ATMs service more than 1.87 million customers.  The company has a strong presence in east and north east india.

Date of establishment:  Bandhan bank was incorporated in 2014.

Product & Service Offering:  The company offers microfinance as well as banking services.

Promoters of Bandhan Bank: The Promoters of the Bank are Bandhan Financial Services Private Limited (BFSL), BFSL, FIT and NEFIT.

Customer segment:  Bandhan bank focuses on retail banking and microfinance system. The company has a strong presence through its distribution network in West bengal, Assam and bihar. Company serves 1.87 million customers in north east and east india

Objects of the Issue:

The Issue comprises of a Fresh Issue and an OFS.

Fresh Issue:

The object of the fresh issue is to augment Bank's Tier-I capital base to meet Bank's future capital requirements.

Offer for Sale:

The Selling Shareholders will be entitled to the respective portion of the proceeds of the Offer for Sale.

Company Financials:


For the year/period ended (in Rs. million)






Total Assets





Total Revenue





Profit After Tax





Issue Detail

  • Issue Open: Mar 15, 2018
  • Issue Close: Mar 19, 2018
  • Issue Type: Book Built Issue IPO
  • Face Value: Rs 10 Per Equity Share
  • Price Band: Rs 370 - Rs 375 Per Equity Share
  • Bid Lot:40 Shares
  • Minimum Order Quantity:40 Shares
  • Listing At: BSE, NSE
  • Issue Size: • Rs 4,473.02 Cr

Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & Time QIB NII RII Employee Others Total
Shares Offered / Reserved 23,856,099 17,892,075 41,748,173 - - 83,496,347
Day 1 - Mar 15, 2018IST 1.2600 0.0100 0.1200 - - 0.4200
Day 2 - Mar 16, 2018IST 2.3300 0.2400 0.3300 - - 0.8800
Day 3 - Mar 19, 2018IST 38.6779 13.8939 1.0589 - - 14.5619
Day 4 - Mar 19, 2018IST 1.5500 2.1600 0.4500 - - 1.2400

Listing Day Trading Information

Issue Price Rs 375.00 Rs 375.00
Open Rs 485.00 Rs 499.00
Low Rs 455.00 Rs 455.00
High Rs 498.40 Rs 499.00
Last Trade Rs 477.20 Rs 476.85
Volume 13,907,287 91,036,634

Bandhan Bank Limited User Rating


Bandhan Bank Limited Life IPO Reviews

Bandhan Bank Limited IPO News & Updates

Frequently Asked Questions

Yes, you can always trade an IPO through a discount broker. Buying & selling an IPO becomes very easy once the trading and the demat account are set up appropriately.
Following are the benefits in buying and selling an IPOs through a discount broker. Reduced Brokerage Fee: Discount brokers charge a flat brokerage which is missing in case of full service brokers. Full service brokers usually charge %age brokerage and this incurs a lot of cost to an investors. So if any full service broker charge a brokerage of let say 0.03% then on a purchase of shares of worth of Rs 200,000 you end up paying Rs 600+ Taxes. In our case we charge a flat brokerage of Rs 20 + Taxes. Discount brokers therefore saves a lot of money of investors. Better Trading Platform: Usually discounts brokers don’t provide a good trading platform and experience but there are few discounts brokers like Samco, who are now focussing on delivering a world class trading platform and top notch user experience. Therefore narrowing down the gap between discount brokers and full service brokers.
Technically Speaking, SEBI has made mandatory to buy an IPO through ASBA channel but there is no regulation on how any investor can sell an IPO allotted shares. Therefore, smart investors can always sell IPO allotted shares through a discount broker


Start IPO Trading through SAMCO

Don't have a Trading Account !!!
Open an account with Samco and Do IPO Trading for Just Rs 20. For more details, share your contact details with us