Kolkata based Bandhan Bank is coming with its IPO. Here are the few details of the IPO:
1. Face Value : Rs 10
2. Total no of issue : 11.90 Crores
3. Fresh Equity shares : 9.76 Crores
4. Offer for sale by International Finance corporation : 1.40 Crores
5. Offer for sale by IFC FIG Investment Company : 0.76 Crores
Bandhan Bank started its journey as a microfinance bank in 2001 which began its operation as Bank in 2015 after getting license from RBI.
At present it is having around 840 Branches and 383 Atms in India with more than ten million customers.
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