Bandhan Bank Limited IPO Message Board (Page 24)

apply 3 lots at cut off price. .

QIB 18.53X
NII 2.91X
RII 0.99X
Total 6.42X

Looking good now

QIB 16.81X
NII 2.89X
RII 0.97X
Total 5.92X

QIB      16.01X
NII      2.83X
RII      0.96X
Total      5.66X

From where you see data segment wise

Bandhan Bank Limited IPO
Latest Subscription Figures as on Last Day (Day 3) @ 3.02 PM

QIB (NSE+BSE) = 15.25 X
HNI (NSE+BSE) = 2.82 X
RII (NSE+BSE) = 0.96 X
Total (NSE+BSE) = = 5.44 X

Good subscription.

Bandhan Bank Limited IPO
Latest Subscription Figures as on Last Day (Day 3) @ 03:00 PM
QIB (NSE+BSE) = 5.15X + 10.10X = 15.25X
HNI (NSE+BSE) = 2.22X + 0.54X = 2.76X
RII (NSE+BSE) = 0.26X + 0.69X = 0.95X
Total (NSE+BSE) = 2.08X + 3.35X = 5.43X

NIIs coming
QIB      15.25X
NII      2.83X
RII      0.96X
Total      5.446X

Heavy unfulfilled FII and DII demand may give some listing gains.. Long term wise excellent stock to own.

Bandhan Bank Limited IPO
Latest Subscription Figures as on Last Day (Day 3) @ 02:40 PM
QIB (NSE+BSE) = 4.83X + 8.97X = 13.80X
HNI (NSE+BSE) = 0.24X + 0.78X = 0.76X
RII (NSE+BSE) = 0.26X + 0.66X = 0.92X
Total (NSE+BSE) = 1.56X + 3.00X = 4.56X

QIB      13.80X
NII      0.76X
RII      0.88X
Total      4.55X

Bandhan Bank Limited IPO
Latest Subscription Figures as on Last Day (Day 3) @ 02:30 PM
QIBs 11.56X
NIIs 0.76X
RIIs 0.87X
TOTAL 3.91X

Out of all the IPOs available so far. I guess worthy of applying are only 3 BHARAT, HINDUSTAN AND BANDHAN BANK. Though GMP is not good for govt backed IPOs, we should not forget that this time its a different sector strong defence sector. The records of companies are pretty impressive.
Sandhar and karda won''t be of much benefit seeing the company conditions and purpose of IPO. Mishra dhatu can be applied on last day. ICICI allotment will be tough. And not to forget the price band may be a spoiler. Prudential was not great either.
Last but not the least Govt IPOs offered discount. So at the most some sot of back up on listing day. If the other IPO''s don;t perform then surely no back up for losses.

Bandhan Bank Limited IPO
Latest Subscription Figures as on Last Day (Day 3) @ 02:30 PM
QIB (NSE+BSE) = 4.83X +6.73X = 11.56X
HNI (NSE+BSE) = 0.24X + 0.52X = 0.76X
RII (NSE+BSE) = 0.25X + 0.62X = 0.87X
Total (NSE+BSE) = 1.56X + 2.35X = 3.91X

As i stated earlier HNI will not come with borrowed funds so their quota will subscribe below 5 to 10 times. Qib may cross 20 to 25 times. Retail 1.1 time to 1.3 time by application wise. Listing will be Rs.15 to 20 plus or minus.

Final Poll

Is it worth applying in Bandhan Bank for Listing Gain ??

QIB Crossed 10x

7 Application. Fingers crossed. :)

Qib subscription is far better than my expectations of 10 times. I applied few lots on 1st day without any second thought.

QIB exceeded 10 times

sbi asba notshowing bandhan bank ipo 1.58 P.M

Closed for SBI... try other bank with higher cut-off time..

People who complaint on Subscription figures does not understand that this is an 4500 Crore IPO. Considering the size of the IPO & Current market Sentiment, IMO the subscription figures are good. If not convinced check the subscription figures by EOD...

Large size ipo means huge number of shares also around 4 crores would be allocated to RIIs. Who will buy these shares from RIIs on listing day. Certainly supply will overtake demand on the listing day resulting in subdued price.

Since everything is hypothetical here, so let me also bring a hypothesis

Already Bandhan Bank IPO retail quota subscription is less than one, it means those who applied , only applied for medium to long term and not for listing gains, so it means retail will not necessarily sell on listing day...

now second part, QIB subscirbed more than 8 times... they will get proportionate allotment, they will try to acquire more when it lists..

Bandhan Bank Limited IPO
Latest Subscription Figures as on Last Day (Day 3) @ 02:20 PM
QIB (NSE+BSE) = 4.83X +5.56X = 10.39X
HNI (NSE+BSE) = 0.24X + 0.49X = 0.73X
RII (NSE+BSE) = 0.25X + 0.61X = 0.86X
Total (NSE+BSE) = 1.55X + 2.00X = 3.55X