Bandhan Bank Limited
15 Mar 2018 – 19 Mar 2018
LISTED
Offer Price
₹370–375
Bid lot
40
Min Application
₹15,000
Issue Size
₹5,284 Cr
Key dates
Open date
15 Mar 2018
Done
Close date
19 Mar 2018
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
27 Mar 2018
Today
Issue reservation
₹5,284 CrQIB 50%Retail 35%
QIB
7.05 Cr sh · ₹2642.00 Cr
Retail
4.93 Cr sh · ₹1849.40 Cr
BRLM: Kotak Mahindra Capital Company Limited · Axis Capital Limited · Goldman Sachs (India) Securities Private Limited · JM Financial Limited · and J.P. Morgan India Private Limited.
Lot ladder — how much to bid
1 lot = 40 sharesRetail · Up to ₹2 L1–13 lots
Min · 1 lot
40 sh · ₹15,000
Max · 13 lots
520 sh · ₹1,95,000
S-HNI · ₹2 L to ₹10 L14–66 lots
Min · 14 lots
560 sh · ₹2,10,000
Max · 66 lots
2,640 sh · ₹9,90,000
B-HNI · Above ₹10 L67+ lots
Min · 67 lots
2,680 sh · ₹10,05,000
Entry point
₹10,05,000 onward
Issue details
Lead managersKotak Mahindra Capital Company Limited, Axis Capital Limited, Goldman Sachs (India) Securities Private Limited, JM Financial Limited, and J.P. Morgan India Private Limited.
Face value₹10
Listing onNSE
RegistrarKarvy Computershare Private Limited
Live subscription
23.24×
0×1×2×3×+
Oversubscribed
Book₹4,491 Cr
Subscribed₹1,04,385 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 7,04,53,334₹2,642 Cr | 2,72,44,30,406₹1,02,166 Cr | 38.67× |
| HNI | 2,11,36,000₹792.60 Cr | 29,35,79,041₹11,009 Cr | 13.89× |
| Retail | 4,93,17,333₹1,849 Cr | 5,91,80,800₹2,219 Cr | 1.20× |
| Total | 11,97,70,667₹4,491 Cr | 2,78,36,11,206₹1,04,385 Cr | 23.24× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 1,02,166.14 |
| HNI | 11,009.21 |
| Retail | 2,219.28 |
| Total | 1,04,385.42 |
Amounts at the upper band (₹375). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.
Grey-market sentiment
No grey-market data yet.
Documents
RHPOpen ↗
Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the Bandhan Bank Limited IPO?
One lot of 40 shares — ₹15,000 at the upper price band of ₹375.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2018-03-27 on NSE.