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25 May, 2018 20:03 IST
Bandhan Bank IPO lists at 33% premium
Source: IRIS | 27 Mar, 2018, 10.51AM
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Bandhan Bank got listed on the stock markets on Tuesday with a premium of 33.07% over its issue price. At the NSE, stock opened at Rs 499 a share as against issue price of Rs 375 a share.

Currently, shares are trading at Rs 467, up 24.53% from its issue price. It recorded a high of Rs 499 and a low of Rs 455 at the NSE (10:43 am).

Bandhan Bank is a commercial bank focused on serving underbanked and underpenetrated markets in India. It has a banking license that permits to provide banking services pan-India across customer segments. It currently offers a variety of asset and liability products and services designed for micro banking and general banking, as well as other banking products and services to generate non-interest income.

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