Bandhan Bank's IPO worth Rs. 4,500 crore - the
biggest ever for an Indian bank - was subscribed 14.62 times last week,
driven by strong demand from institutional investors.
The public offered had opened on March 15 and closed on March 19,2018
The bank sold 11.93 crore equity shares, comprising a fresh issue of up to 9.77 crore equity shares, and an offer for sale (OFS) of up to 1.41 crore equity shares by IFC, and up to 75 lakh equity shares by IFC FIG.
Bandhan Bank has 840 branches and 282 ATMs.
The public offered had opened on March 15 and closed on March 19,2018
The bank sold 11.93 crore equity shares, comprising a fresh issue of up to 9.77 crore equity shares, and an offer for sale (OFS) of up to 1.41 crore equity shares by IFC, and up to 75 lakh equity shares by IFC FIG.
Bandhan Bank has 840 branches and 282 ATMs.
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