Bandhan Bank Makes Strong Debut On Stock Exchanges
Shares of the Kolkata-based private sector lender made a strong debut on stock exchanges. The stock opened at a premium of 29 percent at Rs 485 against its issue price of Rs 375 per share.
The stock rose as much as 33 percent to Rs 499.
Bandhan Bank’s Rs 4,473-crore initial public offering was subscribed 14.6 times on the final day of bidding.
