Expectations high on listing of Bandhan Bank shares tomorrow

Effective from Tuesday, March 27, 2018 the Equity Shares of Bandhan Bank Limited shall be listed and admitted to dealings on the Bombay Stock Exchange (BSE) in the list of 'B' Group of Securities.

The bank recenty issued shares to QIB ,NII, RII, and Anchor Investor through IPO at a price of Rs. 375/- per Equity Share (Face Value of Rs.10/- and premium of Rs. 365/-).

The shares of the bank has evoked huge response from institutional bidders during the IPO. Even in grey market the share is commanding premium of Rs. 46 to Rs. 48, which points to robust opening when it lists tomorrow.

Source : Equity Bulls

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