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Bandhan Bank IPO oversubscribed

Kolkata: The IPO of Bandhan Bank was oversubscribed 14.56 times, eliciting good response from QIP and HNI investors, a top official of the bank said on Monday. Monday was the last date of the offer.

Kolkata: The IPO of Bandhan Bank was oversubscribed 14.56 times, eliciting good response from QIP and HNI investors, a top official of the bank said on Monday. Monday was the last date of the offer. MD and CEO of Bandhan Bank Chandra Shekhar Ghosh said oversubscription on account of QIP was 38.67 times and that of HNI investors was 13.89 times. The price band had been fixed between Rs 370 and Rs 375 per share. PTI

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