Bandhan Bank Ltd is an Indian banking and financial services company headquartered in Kolkata, West Bengal. Bandhan, which started as a micro-finance company in 2001, received banking licence by Reserve Bank of India in 2014.Bandhan Bank has Dr. Ashok Lahiri as Chairman Mr. Chandra Shekhar Ghosh is the founder cum managing director and chief executive officer, Bandhan Bank starts with a capital base of ₹ 2,570 crore and this will be raised to ₹ 3,052 crore. Bandhan Financial Holdings is owned by Bandhan Financial Services Limited (BFSL), the largest micro finance organization in India. The major investors in the parent company of Bandhan Bank are International Finance Corporation (IFC), Singapore Sovereign Wealth Fund GIC, Financial Inclusion Trust, North Eastern Financial Inclusion Trust, Bandhan Employees Welfare Trust and Small Industries Development Bank of India.
Issue Detail:
»» Issue Open: Mar 15, 2018 – Mar 19, 2018
»» Issue Type: Book Built Issue IPO
»» Issue Size: 119,280,494 Equity Shares of Rs 10 aggregating up to Rs 4,473.02 Cr
› Fresh Issue of 97,663,910 Equity Shares of Rs 10 aggregating up to Rs [.] Cr
› Offer for Sale of 21,616,584 Equity Shares of Rs 10 aggregating up to Rs [.] Cr
»» Face Value: Rs 10 Per Equity Share
»» Issue Price: Rs 370 – Rs 375 Per Equity Share
»» Market Lot: 40 Shares
»» Minimum Order Quantity: 40 Shares
»» Listing At: BSE, NSE