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Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
12 July, 2025 11:54 IST
Bandhan Bank IPO settles 27.16% higher on listing day
Source: IRIS | 27 Mar, 2018, 04.04PM
Rating: NAN / 5 stars.
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Bandhan Bank, which got listed on the bourses today, settled at a premium of 27.16% over its issue price.  At the NSE, stock closed at Rs 476.85 a share as against issue price of Rs 375 a share.

Shares recorded a high of Rs 499 and a low of Rs 455 after opening at Rs 499 that is 33.07% premium over its issue price.

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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