247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Bandhan Bank Limited IPO (Bandhan Bank IPO) Details

Bandhan Bank Limited is an Banking And Finance based company, located in Kolkata, Bandhan Bank Limited IPO size was 4473.02 Cr. and was issued at 375.00 per share. The share of Bandhan Bank Limited were listed at 477.20 per share and are currently trading at 152.44 per share.

Type :
Sub Sector : Micro Finance Company
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
5272.68 Cr.

PAT :
1276.93 Cr.

Pricing Report

Issue Price :
375.00

Listing Price :
477.20

Current Market Price :
152.44

Issue Price vs CMP :
222.56 (59.35%)

listing Price vs CMP :
324.76 (68.06%)

Performance Report (CAGR* wise)

CAGR : -12.35
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Bandhan Bank

Company Information
Bandhan Bank Limited is a commercial bank focused on serving underbanked and underpenetrated markets in India. It holds a banking license that allows it to provide banking services nationwide across various customer segments. The bank offers a variety of asset and liability products, including micro and general banking services, along with other products designed to generate non-interest income. Incorporated on December 23, 2014, the bank began operations on August 23, 2015, when its parent company, Bandhan Financial Services Limited (BFSL), transferred its entire microfinance business to the bank, marking the beginning of its general banking activities. Originally established in 2001 as Bandhan Konnagar, a non-governmental organization (NGO) focused on providing microfinance to socially and economically disadvantaged women in rural West Bengal, BFSL took over the
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Object of Issue
  • To augment Bank's Tier-I capital base to meet Bank's future capital requirements
  • Offer for Sale

Bandhan Bank MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Mar, 2018
IPO Size :
4473.02 Cr.
IPO Subscription :
14.56 X     
PE Multiple :
35.00
Merchant Banker :
Axis Bank Limited
IPO Registrar:
Kfin Technologies Limited

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Peer Companies Of This Sector

FAQs

Bandhan Bank operates in Banking And Finance and Micro Finance Company. The Issue is listed on MainBoard in Mar, 2018. Bandhan Bank IPO size was 4473.02 Cr. with Issue price of 375.00 .

Merchant Banker(s) of Bandhan Bank IPO: Axis Bank Limited , Goldman Sachs (India) Securities Private Limited , J.P. Morgan India Private Limited , Jm Financial Limited

Bandhan Bank IPO subscription was 14.56 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Bandhan Bank IPO listed at a listing price of 477.20 against the offer price of 375.00.

The current market price of Bandhan Bank is 152.44.

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