Bandhan Bank Limited IPO Message Board (Page 31)

didnt apply as gamble sir dint review.., and gmp is nt too high

What is Subscription data?

very low volume activity in bandhan bank ipo yesterday

KARNATAKA BANK @ 122.50 CMP with dividend of Rs.4/- per share gives better YIELD and LT returns compared to ST Gains or may be LISTING LOSS from BANDHAN BANK... So may be there''s no "bandhan" to apply this IPO when KTK at its 1/3 price and dividend in 3 Months sounds much better investment ?

Growth matters.

Karnataka bank is growing steadly, where as people are expecting that the growth of the Bandhan Bank will be much higher comparing to KTK Bank, in future. I am also a FAN of KTK Bank

Sudden spike in grey market

2 x in retail subscription may happen

Last heard GMP 22-24

sorry for out of context question:
i have shares in my a/c on record date for dividend..company declared dividend and credited in particular a/c but m not received because my shares is in brokers pool a/c.. so someone please suggest me how can i get it.

You will get the amount from the Broker.

Periodically, Brokers check the Dividends/Interest received on behalf of clients and then they credit the amount to respective clients.

I don''t think so it will subscribe more then 1 times also.

Bandhan Bank IPO:

Anchor investors list looks OK. It is good but not excellent. Many big international and national plays are investing. I am applying this ipo with long term.

Can anyone please tell me any broker who deals in Grey market & Kostak? I am from Mumbai.
Thank you in advance...

Experts & Brokerages views
-------------------------------------
Angel Broking -------------- Subscribe
ICICI Direct ----------------- Subscribe
IIFL Wealth ----------------- Subscribe
Antique Broking ----------- Subscribe
SSJ Finance --------------- Subscribe
Dilip Davda ----------------- Subscribe
Centrum Wealth ---------- Subscribe (Long Term - Listing gains may be capped)
SBICAP Securities ------ High valuation, in case of Bandhan, is unjustifiable
                                         Only investors with high-risk appetite can go for the IPO
DSIJ ------------------------ Issue to give limited returns considering recent market volatility.
SP Tulsian ---------------- Expensive valuation, one is advised to skip the IPO & review the stock post listing

DEAR MODERATOR Please Open Separate page for ICICI Securities.....

65 Good Anchor Investor Across the world. It is good sign. Calcutta based company there will be operator in this counter.

*Bandhan Bank Limited IPO*

Issue Size: *Rs 4,473 cr* (at upper end of price band)

Price Band: *Rs 370 - Rs 375*

_*IPO closes on Monday, 19th March, 2018*_

Anchor Book *(Rs 1,342 cr)* had participation from all Marquee Foreign and Domestic Institutional Investors.

Anchor allocations are as below:

*Rs 40 cr* each to : ADIA, Aberdeen, Amansa, Blackrock, Eastspring, Fidelity Investments, Fidelity Management and Research, HSBC Global, Neuberger Berman, Nomura, Robecco, Wellington, Wells Capital, ICICI Pru MF, SBI MF, Birla MF, DSP Blackrock MF, UTI MF, Kotak MF and Axis MF

*Rs 35 cr* each to : Columbia Threadneedle, Sundaram MF, Tata MF, BNP MF and BNP Paribas Arbitrage

*Rs 30 cr* each to : Generation and DB International

*Rs 25 cr* each to : Edelweiss MF and IDFC MF

*Rs 20 cr* to : Citigroup Global Market

*Rs 17 cr* each to : HDFC Life, ICICI Pru Life, Birla Sun Life and SBI Life

*Rs 13 cr* each to : Jupiter, Wasatch and Principal MF

*Rs 10 cr* each to : AXA Invesment, BNP Paribas, Dragoneer, Driehaus, Eastbridge, Invesco, Premji, Indus, Seatown, Sloane Robinson and White Oak

*Rs 6.5 cr* to : Theleme

*Rs 5 cr* to : Volrado, Reliance Life and IIFL MF

24 seller now

Anchor list is out,65 investors in total.

Now activity may pick up.
GMP may increase as the demand was from strong hands.

IPO: Bandhan Bank Limited - Subscribe

Issue Opens: 15-Mar-18, Issue Closes: 19-Mar-18, Price Band: Rs370-375

Unique value prop - MFI within a Bank

Bandhan Bank, one of the two recipients of a universal bank license in 2014, uniquely blends microfinance operations with conventional banking. Post launching banking ops with a large branch footprint in August 2015, Bandhan Bank made enviable progress in scaling-up its liability franchise. Not only are advances being largely funded by deposits, the share of CASA and retail term deposits form the majority of liabilities. It''s pertinent to note that this magnitude of success is rare among banks. On the asset side, Bandhan Bank has furthered its MFI focus while gradually launching few retail and small enterprise products. It has strong presence in underbanked and underpenetrated markets of India, particularly in Eastern and North-Eastern regions.

Highly scalable and profitable model; we recommend Subscribe

The bank has achieved high scalability and execution strength on both sides of the balance sheet. As of December 31, 2017, Bandhan Bank’s deposits and gross advances (including IBPC/assignment) stood at Rs253bn and Rs244bn respectively. It has grown from Rs121bn and Rs156bn respectively as at FY16 end. Despite substantial investments for setting-up banking operations and expanding distribution network, Bandhan Bank has managed its cost metric admirably. Cost ratios are one of the lowest in the banking industry. It has been made possible by continued emphasis on a low-cost hub and spoke distribution model. The success in raising low-cost deposits and addition of fee streams spells competitive edge in micro lending segment while strengthening NIM. Being a bank, Bandhan Bank was able to ride the recent MFI crisis smoothly unlike NBFC-MFIs. So in the current form, it is a robust and resilient micro loan financier with great growth prospects. The bank would likely be able to sustain RoA and RoE near the 4% and 25% mark respectively.

We believe long term investors would find post-money valuation at 4.8x P/BV reasonably attractive.

A comparable benchmark for valuation would be the recent IndusInd Bank-Bharat Fin transaction wherein the former valued the latter at ~5.2x FY18 P/BV

I believe its not her individual opinion but that of a research house.

Wow, welcome back!!!
Feels like John Snow came back to life:)

BANDHAN BANK PRICE IS VERY HIGH AND MARKET IS BAD AND GO MORE BAD IN NEAR FUTURE. AVOID THE ISSUE.

Grey market silent in Gujarat
Today evening no trades even in bb

Gmp @17:00 Hrs on 14 March 18-

No gray activity in Bharat Dynamics.

Gmp @17:00 Hrs on 14 March 18-

Gmp of Bandhan bank is 22-25

Premium 20 to 23 ..so hurry app to sale application in gra .of 2or 3 day of this ipo no gra accept applications ..
List at 340 to 390