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Bandhan Bank IPO Subscription Details

Bookbuilding IPO | ₹4,473 Cr | Listed at BSE, NSE | Thu, Mar 15, 2018 - Mon, Mar 19, 2018

Basis of Allotment - Bandhan Bank IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)2,38,56,0993,57,84,1475,96,40,2461,78,92,0754,17,48,17311,92,80,494
Allotment price (Rs.)375375375375375375
No.of applications1719226399810,23,47010,24,731
No.of shares applied3,67,76,16092,22,80,92095,90,57,08024,70,73,9604,75,82,9601,25,37,14,000
Amount collected (Rs.cr.)1,379.11 34,585.53 35,964.64 9,265.27 1,784.36 47,014.28
No.of times subscribed1.5425.7716.0813.811.1410.51
No.of shares allotted2,38,56,0993,57,84,1475,96,40,2461,78,92,0754,17,48,17311,92,80,494
Amount (Rs.cr.)894.60 1,341.91 2,236.51 670.95 1,565.56 4,473.02
No.of allottees1719226396810,23,47010,24,701

IPO Shares Offered

Bandhan Bank IPO is a public issue of 11.93 Cr equity shares. The issue offers 4.17 Cr shares to retail investors, 5.96 Cr shares to qualified institutional buyers, and 1.79 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 5,96,40,2462,236.51 50.00%
    Anchor 3,57,84,147 1,341.91 30.00%
    QIB (Ex Anchor) 2,38,56,099 894.60 20.00%
NII 1,78,92,075670.95 15.00%
Retail4,17,48,1731,565.56 35.00%
Total11,92,80,4944,473.02 100%

Bandhan Bank IPO Anchor Investor Allocation

A total of 3,57,84,147 shares at a price of Rs 375 per share will be allotted to the anchor investors.

Anchor investors bid opening dateMar 14, 2018
Anchor investor price₹375.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days1,78,92,074
No. of shares locked-in for 90 days1,78,92,074

📑 Anchor Investor Allotment Letter

📊 Historic report - IPOs Anchor Investors Investment & Performance

S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 ABU DHABI INVESTMENT AUTHORITY-BEHAVE ABU DHABI INVESTMENT 10,66,680 40.00 2.98 0.89
2 MASTER TRUST BANK OF JAPAN LTD.,THE AS TRUSTEE OF BLACKROCK INDIA EQUITY FUND BLACKROCK 2,32,040 8.70 0.65 0.19
3 BLACKROCK INDIA EQUITIES (MAURITIUS) LTD. BLACKROCK 8,34,640 31.30 2.33 0.70
4 HSBC GLOBAL INVESTMENT FUNDS-INDIAN EQUITY HSBC 7,65,080 28.69 2.14 0.64
5 HSBC INDIAN EQUITY MOTHER FUND HSBC 2,87,560 10.78 0.80 0.24
6 INVESCO INDIA EQUITY FUND INVESCO 2,66,680 10.00 0.75 0.22
7 NATIONAL WESTMINSTER BANK PLC AS TRUSTEE OF THE JUPITER INDIA FUND JUPITER 3,64,680 13.68 1.02 0.31
8 WHITEOAK INDIA EQUITY FUND WHITEOAK 2,66,680 10.00 0.75 0.22
9 EAST BRIDGE CAPITAL MASTER FUND LTD. EAST BRIDGE 2,66,680 10.00 0.75 0.22
10 VOLRADO VENTURE PARTNERS FUND II VOLRADO 1,37,400 5.15 0.38 0.12
11 DSP EQUITY SAVINGS FUND DSP MUTUAL FUND 2,12,720 7.98 0.59 0.18
12 DSP REGULAR SAVINGS FUND DSP MUTUAL FUND 59,520 2.23 0.17 0.05
13 DSP DUAL ADVANTAGE FUND-SERIES 39 DSP MUTUAL FUND 3,920 0.15 0.01
14 DSP FOCUSED FUND DSP MUTUAL FUND 3,87,480 14.53 1.08 0.32
15 DSP LARGE CAP FUND DSP MUTUAL FUND 4,03,040 15.11 1.13 0.34
16 UTI LARGE CAP FUND UTI MUTUAL FUND 6,66,680 25.00 1.86 0.56
17 UTI BANKING & FINANCIAL SERVICES FUND UTI MUTUAL FUND 4,00,000 15.00 1.12 0.34
18 ICICI PRUDENTIAL LIFE INSURANCE CO.LTD. ICICI PRUDENTIAL LIFE INSURANCE 4,44,280 16.66 1.24 0.37
19 BNP PARIBAS ARBITRAGE BNP PARIBAS 9,53,480 35.76 2.66 0.80
20 AXA FRAMLINGTON EMERGING MARKETS FUND AXA 2,66,680 10.00 0.75 0.22
21 FIDELITY FUNDS-EMERGING ASIA POOL FIDELITY 2,66,680 10.00 0.75 0.22
22 FIL INVESTMENTS (MAURITIUS) LTD. FIDELITY 2,66,680 10.00 0.75 0.22
23 FIDELITY FUNDS-ASIA FOCUS FUND FIDELITY 5,33,320 20.00 1.49 0.45
24 ROBECO CAPITAL GROWTH FUNDS ROBECO 5,62,040 21.08 1.57 0.47
25 ROBECO INSTITUTIONEEL EMERGING MARKETS FONDS ROBECO 5,04,640 18.92 1.41 0.42
26 SEATOWN SWORDFISH PTE.LTD. SEATOWN 2,66,680 10.00 0.75 0.22
27 SR GLOBAL (MAURITIUS) LTD.-(CLASS G GLOBAL OPPORTUNITIES) SR GLOBAL (MAURITIUS) LTD. 2,66,680 10.00 0.75 0.22
28 THELEME MASTER FUND LTD. THELEME 1,73,360 6.50 0.48 0.15
29 ADITYA BIRLA SUN LIFE LARGE & MID CAP FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 10,66,680 40.00 2.98 0.89
30 SUNDARAM CONSUMPTION FUND SUNDARAM MUTUAL FUND 6,13,360 23.00 1.71 0.51
31 SUNDARAM LARGE CAP FUND SUNDARAM MUTUAL FUND 1,60,000 6.00 0.45 0.13
32 SUNDARAM AGGRESSIVE HYBRID FUND SUNDARAM MUTUAL FUND 1,60,000 6.00 0.45 0.13
33 BANDHAN LARGE CAP FUND BANDHAN MUTUAL FUND 1,62,120 6.08 0.45 0.14
34 BANDHAN BALANCED ADVANTAGE FUND BANDHAN MUTUAL FUND 1,98,920 7.46 0.56 0.17
35 BANDHAN AGGRESSIVE HYBRID FUND BANDHAN MUTUAL FUND 3,05,640 11.46 0.85 0.26
36 THREADNEEDLE INVESTMENT FUNDS ICVC-ASIA FUND THREADNEEDLE 9,33,360 35.00 2.61 0.78
37 AMANSA HOLDINGS PVT.LTD. AMANSA 10,66,680 40.00 2.98 0.89
38 FIDELITY INVESTMENT TRUST: FIDELITY INTERNATIONAL DISCOVERY FUND FIDELITY 4,44,600 16.67 1.24 0.37
39 FIDELITY INVESTMENT TRUST: FIDELITY SERIES INTERNATIONAL GROWTH FUND FIDELITY 6,22,080 23.33 1.74 0.52
40 HEPTAGON FUND PLC DRIEHAUS EMERGING MARKETS EQUITY FUND HEPTAGON 1,33,340 5.00 0.37 0.11
41 DRIEHAUS EMERGING MARKETS GROWTH CIT DRIEHAUS 1,33,340 5.00 0.37 0.11
42 ICICI PRUDENTIAL BANKING & FINANCIAL SERVICES FUND ICICI PRUDENTIAL MUTUAL FUND 10,66,680 40.00 2.98 0.89
43 HDFC STANDARD LIFE INSURANCE CO.LTD. HDFC STANDARD LIFE INSURANCE 4,44,280 16.66 1.24 0.37
44 ADITYA BIRLA SUN LIFE INSURANCE CO.LTD. ADITYA BIRLA SUN LIFE INSURANCE 4,44,280 16.66 1.24 0.37
45 CITIGROUP GLOBAL MARKETS MAURITIUS PVT.LTD. CITIGROUP 5,20,080 19.50 1.45 0.44
46 PARVEST EQUITY INDIA PARVEST 2,66,680 10.00 0.75 0.22
47 RELIANCE NIPPON LIFE INSURANCE CO.LTD. RELIANCE NIPPON LIFE INSURANCE 1,33,360 5.00 0.37 0.11
48 NEUBERGER BERMAN EMERGING MARKET STRATEGY NEUBERGER BERMAN 10,66,680 40.00 2.98 0.89
49 WELLS FARGO EMERGING MARKETS EQUITY FUND WELLS FARGO 8,49,640 31.86 2.37 0.71
50 FLORIDA RETIREMENT SYSTEM-WELLS CAPITAL MANAGEMENT INC FLORIDA RETIREMENT SYSTEM 2,17,040 8.14 0.61 0.18
51 DF INTERNATIONAL PARTNERS DF INTERNATIONAL PARTNERS 2,66,680 10.00 0.75 0.22
52 PIONEER INVESTMENT FUND PIONEER 2,66,680 10.00 0.75 0.22
53 AXIS FLEXI CAP FUND AXIS MUTUAL FUND 6,66,640 25.00 1.86 0.56
54 AXIS BALANCED ADVANTAGE FUND AXIS MUTUAL FUND 4,00,040 15.00 1.12 0.34
55 BARODA BNP PARIBAS LARGE CAP FUND BARODA BNP PARIBAS MUTUAL FUND 3,36,560 12.62 0.94 0.28
56 BARODA BNP PARIBAS ELSS TAX SAVER FUND BARODA BNP PARIBAS MUTUAL FUND 1,96,400 7.37 0.55 0.16
57 BARODA BNP PARIBAS MULTI CAP FUND BARODA BNP PARIBAS MUTUAL FUND 2,83,320 10.62 0.79 0.24
58 BNP PARIBAS EQUITY HYBRID FUND BARODA BNP PARIBAS MUTUAL FUND 93,440 3.50 0.26 0.08
59 BARODA BNP PARIBAS CONSERVATIVE HYBRID FUND BARODA BNP PARIBAS MUTUAL FUND 23,640 0.89 0.07 0.02
60 TATA BANKING & FINANCIAL SERVICES FUND TATA MUTUAL FUND 1,33,400 5.00 0.37 0.11
61 TATA AGGRESSIVE HYBRID FUND TATA MUTUAL FUND 7,99,960 30.00 2.24 0.67
62 SUNDARAM LARGE & MID CAP FUND SUNDARAM MUTUAL FUND 3,49,987 13.12 0.98 0.29
63 DB INTERNATIONAL (ASIA) LTD. DB INTERNATIONAL (ASIA) LTD. 8,13,440 30.50 2.27 0.68
64 INDIA FUND INC.,THE INDIA FUND 2,66,680 10.00 0.75 0.22
65 ABERDEEN GLOBAL INDIAN EQUITY LTD. ABERDEEN 8,00,000 30.00 2.24 0.67
66 EASTSPRING INVESTMENTS-INDIA INFRASTRUCTURE EQUITY OPEN LTD. EASTSPRING 5,66,360 21.24 1.58 0.47
67 DRAGON PEACOCK INVESTMENTS LTD. DRAGON PEACOCK 5,00,320 18.76 1.40 0.42
68 NOMURA FUNDS IRELAND PLC-NOMURA FUNDS IRELAND-INDIA EQUITY FUND NOMURA 10,66,680 40.00 2.98 0.89
69 BAY POND MB BAY POND 9,06,480 33.99 2.53 0.76
70 WOLF CREEK BMD MB WOLF CREEK 1,60,200 6.01 0.45 0.13
71 GENERATION IM FUND PLC-GENERATION IM ASIA FUND GENERATION 8,00,000 30.00 2.24 0.67
72 WASATCH EMERGING INDIA FUND WASATCH 3,53,360 13.25 0.99 0.30
73 INDUS INDIA FUND (SV) LTD. INDUS 2,21,360 8.30 0.62 0.19
74 360 ONE FOCUSED FUND 360 ONE MUTUAL FUND 1,33,360 5.00 0.37 0.11
75 SBI ESG EXCLUSIONARY STRATEGY FUND SBI MUTUAL FUND 4,00,000 15.00 1.12 0.34
76 SBI FOCUSED FUND SBI MUTUAL FUND 4,00,000 15.00 1.12 0.34
77 SBI LONG TERM ADVANTAGE FUND-SERIES IV SBI MUTUAL FUND 53,320 2.00 0.15 0.04
78 SBI EQUITY OPPORTUNITIES FUND-SERIES I SBI MUTUAL FUND 26,720 1.00 0.07 0.02
79 SBI EQUITY OPPORTUNITIES FUND-SERIES IV SBI MUTUAL FUND 53,320 2.00 0.15 0.04
80 SBI RESURGENT INDIA OPPORTUNITIES FUND SBI 53,320 2.00 0.15 0.04
81 SBI BANKING & FINANCIAL SERVICES FUND SBI MUTUAL FUND 80,000 3.00 0.22 0.07
82 KOTAK AGGRESSIVE HYBRID FUND KOTAK MAHINDRA MUTUAL FUND 2,66,640 10.00 0.75 0.22
83 KOTAK ELSS TAX SAVER FUND KOTAK MAHINDRA MUTUAL FUND 1,86,640 7.00 0.52 0.16
84 KOTAK FLEXICAP FUND KOTAK MAHINDRA MUTUAL FUND 3,46,760 13.00 0.97 0.29
85 KOTAK INDIA GROWTH FUND-SERIES 1 KOTAK MAHINDRA MUTUAL FUND 1,33,320 5.00 0.37 0.11
86 KOTAK LARGE CAP FUND KOTAK MAHINDRA MUTUAL FUND 1,33,320 5.00 0.37 0.11
87 EDELWEISS RECENTLY LISTED IPO FUND EDELWEISS MUTUAL FUND 2,40,360 9.01 0.67 0.20
88 EDELWEISS BALANCED ADVANTAGE FUND EDELWEISS MUTUAL FUND 2,40,360 9.01 0.67 0.20
89 EDELWEISS EQUITY SAVINGS FUND EDELWEISS MUTUAL FUND 25,960 0.97 0.07 0.02
90 EDELWEISS LARGE & MID CAP FUND EDELWEISS MUTUAL FUND 1,26,400 4.74 0.35 0.11
91 EDELWEISS FLEXI CAP FUND EDELWEISS MUTUAL FUND 33,600 1.26 0.09 0.03
92 SBI LIFE INSURANCE CO.LTD. SBI LIFE INSURANCE 4,44,280 16.66 1.24 0.37
3,57,84,1471,341.9110030.00

IPO Subscription FAQs

The Bandhan Bank IPO is subscribed 14.5575436970913 times by Mar 19, 2018 16:00.

Bandhan Bank IPO Subscription

Investor Category Subscription (times)
Qualified Institutional38.6779011941558
Non Institutional13.8939010707254
Retail Individual1.05890046972834
Total Subscription14.5575436970913

Retail category of Bandhan Bank IPO subscribed 1.05890046972834 times as of date Mar 19, 2018 16:00. The public issue closes on Mon, Mar 19, 2018 for bidding.

An investor can apply in Bandhan Bank IPO online via bank (using ASBA) or the broker (using UPI). The Bandhan Bank IPO shares are offered online only.

The Bandhan Bank IPO is subscribed 14.5575436970913 times by Mar 19, 2018 16:00.

The Bandhan Bank IPO allotment status is expected on or around Thursday, March 22, 2018. Visit Bandhan Bank IPO allotment status to check.

The Bandhan Bank IPO listing date is March 27, 2018. The equity share of Bandhan Bank IPO will list on BSE, NSE.

Visit Bandhan Bank IPO subscription status page for real-time bidding information about Bandhan Bank IPO.

Bandhan Bank IPO Timetable

IPO opens OnThursday, March 15, 2018
IPO Closes OnMonday, March 19, 2018
Finalisation of Basis of AllotmentThursday, March 22, 2018
Initiation of RefundsFriday, March 23, 2018
Credit of Shares to Demat AccountMonday, March 26, 2018
IPO Listing DateTuesday, March 27, 2018

Read more about Bandhan Bank IPO

IPO Details
IPO Recommendations
IPO Live Subscription
IPO Live News
IPO Allotment Status
IPO Basis of Allotment Document
IPO FAQs

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