Gold Silver Reports – Bandhan Bank Ltd. has set the price range for its initial public offering in India, which could raise as much as Rs 4,473 crore.
➡ Company to offers shares at Rs 370-375 apiece
➡ Anchor books open/close on March 14
➡ Bid/issue opening date is March 15, closing date March 19
According to the terms, company aims to finalize basis of allotment around March 22, start trading around March 27. The proceeds will be used to augment bank’s Tier 1 capital base.
JPMorgan, Kotak Mahindra Capital, Axis Capital, Goldman Sachs, JM Financial are book-running lead managers – Goldman Neal Bhai Reports
