Tag Archive for Bandhan Bank Limited

Bandhan Bank Limited files Draft Red Herring Prospectus with SEBI


By Vivek K. Mobile: 09920183006  Email:indianshowbusiness@gmail.com

Bandhan Bank Limited (the “Bank”) has filed a Draft Red Herring Prospectus (“DRHP”) with the Securities and Exchange Board of India (“SEBI”) for its proposed initial public offering (“IPO”) of up to 119,280,494 equity shares of face value of ₹10 each (the “Equity Shares”) for cash at a price per equity share (including a share premium per equity share) to be determined through a book building process (the “Issue”).

The IPO consists of a fresh issue of up to 97,663,910 equity shares and an offer for sale of up to 14,050,780 equity shares by International Finance Corporation (“IFC”); and up to 7,565,804 equity shares by IFC FIG Investment Company ɪ. Read more