Bandhan Bank Limited IPO
Live Market Quote
Day 1 Exchange Open
Band: ₹370 - ₹375
Overall Bid Demand
Gross Public Offer
IPO Schedule & Key Dates
IPO Subscription Status
Breakdown of institutional, high-net-worth, and retail bidding demand
Listing Day & Return Performance
About Bandhan Bank Limited IPO
Bandhan Bank Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 15 Mar 2018 and concluded on 19 Mar 2018, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹370 - ₹375.
During the bidding window, Bandhan Bank Limited witnessed heavy demand with an overall subscription of 14.63 times. Institutional investors (QIB) subscribed 38.67x, non-institutional high-net-worth investors (NII) subscribed 13.89x, and retail individual investors (RII) bid 1.2x their reserved quota.
The equity shares of Bandhan Bank Limited officially debuted on the stock exchanges on 27 Mar 2018 at an opening listing price of ₹499, delivering a listing day return of +33.07% (premium) over the final issue price. As per the latest market data, the stock trades at ₹149.89, representing an overall decline of -60.03% since its IPO allotment.