Bandhan Bank IPO REVIEW AND DATES- IPO OPEN, CLOSE, ALLOTMENT, FINANCIALS, GMP | bandhan bank ipo

Hi Friends!

Bandhan Bank IPO is biggest IPO of year 2018. So following are details which you want to know about Bandhan Bank IPO befor apply:

WEBSITE ADDRESS: www.bandhanbank.com

About Bandhan Bank:
• Incorporated in 2014, Bandhan Bank Limited is Kolkata, West Bengal based commercial bank focused on micro banking and general banking services. Bandhan Bank has a license to provide banking services pan-India across customer segments. Bank offer a variety of asset and liability products and services designed for micro banking and general banking, as well as other banking products and services to generate non-interest income.

• With the a network of 2,546 doorstep service centres (DSCs) and 9.47 million micro loan customers, the bank has strong very hold in microfinance. Bandhan bank has 864 bank branches and 386 ATMs serving over 1.87 million general banking customers. Banks distribution network is strong in East and Northeast India, with West Bengal, Assam and Bihar.

• Bandhan Bank Products:
1. Retail loans including micro loans, SME loans and small enterprise loans
2. Savings accounts, current accounts and a variety of fixed deposit accounts
3. Other banking products and services including debit cards, internet banking, mobile banking, EDC-POS terminals, online bill payment services and the distribution of third-party general insurance products and mutual fund products.

Dates of Bandhan Bank IPO:

• IPO Open: 15-March-2018

• IPO Close: 19-March-2018

• IPO Size: Rs.4473 Crore

• Face Value: Rs.10 Per Share

• Price Band: Rs.370 to 375 Per Share

• Minimum Bid Size: 40 Shares

• Listing on: BSE & NSE

• Retail Portion: 35%

• Allotment: 22-MARCH-2018

• Refunds: 23-MARCH-2018

• Credit to Demat accounts: 26-MARCH-2018

• Listing: 27-MARCH-2018


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Bandhan Bank Financials:

watch video to know Financials, GMP etc. click here to watch:
https://youtu.be/OdaMu8l8w5c


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