RBL Bank Limited will list its equity shares offered under the IPO with effect from Wednesday, August 31, 2016. RBL Bank Limited is a scheduled commercial bank headquartered in the Kolhapur region of Maharashtra. Founded in August 1943, RBL is one of the oldest private sector banks in India.

RBL Bank IPO was open for subscription between Aug 19, 2016 and Aug 23, 2016 and had received a spectacular response from the investors with the IPO getting subscribed 69.62 times on an overall basis. The retail portion was subscribed 5.70 times

The Issue Price for the IPO was fixed at Rs.225/- per equity share. The shares are expected to be listed above Rs.275/- a piece with volatility expected as the days goes on

Check back here for more on RBL Bank maiden trades and listing

RBL Bank has fixed the issue price for the shares offered under the recently concluded IPO at Rs.225/- per equity share. The issue price is fixed at the upper end of the price band which was in a rather unusually narrow range of Rs.224/- to Rs.225/- per equity share

Kolhapur-headquartered RBL Bank is going to list its equity shares on exchanges on August 31 after overwhelming response to the issue closed last week. RBL Bank Limited is a scheduled commercial bank headquartered in the Kolhapur region of Maharashtra. Founded in August 1943, RBL is one of the oldest private sector banks in India.

RBL Bank IPO Allotment status is declared and can be checked using the following link

Click here to view RBL Bank IPO Allotment status

The allotment status for the recently concluded IPO of RBL Bank Limited announced today RBL Bank IPO was open for subscription between Aug 19, 2016 and Aug 23, 2013

The IPO which saw oversubscription to the tune of 69.62 times on an overall basis, was subscribed around 5.70 times in the Retail category

RBL Bank Ltd is a Mumbai India based private sector bank offering range of banking products and services to large corporations, SMEs, agricultural customers and retail customers. The shares under the IPO were offered in a price band of Rs.224/- to Rs.225/- per equity share

Click here to view RBL Bank IPO Allotment status

RBL Bank IPO, which was open from Aug 19, 2016, has been finally subscribed 69.51 times on an overall basis. The shares under the IPO were offered in a price band of Rs.224/- to Rs.225/- per equity share with a bid lot of 65 equity shares and in multiples thereof

The IPO was oversubscribed to the tune of 85.08 times in the QIB category and as much as a staggering 198.06 times in the category of Non Institutional Investors / HNI. The subscription received in the retail category was however, contained at 5.5 times. It is believed that this may leave some more money on the table for the retail investors when the shares list on the exchanges

RBL Bank Limited (formerly known as The Ratnakar Bank limited) is a scheduled commercial bank headquartered in the Kolhapur region of Maharashtra. Founded in August 1943, RBL is one of the oldest private sector banks in India. The Bank currently services approximately 19,00,000 customers and has a total business size of over Rs. 45,000 Crores. RBL Bank bought a part of the Indian business of the Royal Bank of Scotland (RBS), India in 2013. The deal included business of banking and credit cards and the mortgage portfolio, leading to 1.2 lakh customers of RBS, moving to RBL

The IPO is expected to be listed on the exchanges within 10-15 days. Check back this space for news on RBL Bank IPO Allotment Status and listing of shares of RBL Bank

QIB: 85.08 times
Non-Institutional Investors: 198.06 times
Retail: 5.49 times
Overall: 69.51 times

The IPO of RBL Bank which opened for subscription from Aug 19, 2016 has been subscribed 3.08 times overall. The subscription seen in the retail category was 3.26 times

RBL Bank IPO closes for subscription tomorrow on Aug 23, 2016. The shares are offered in a narrow price band of Rs.224/- to Rs.225/- per equity share with a bidding lot of 65 equity shares and in multiples thereof

RBL Bank Ltd is a Mumbai India based private sector bank offering range of banking products and services to large corporations, SMEs, agricultural customers, retail customers and development banking & financial inclusion customers.

The IPO has received subscription to the tune of 4.28 times from the QIB category and 1.08 times from the HNI or Non Institutional Investors category till now

QIB: 4.28 times
Non-Institutional Investors: 1.08 times
Retail: 3.26 times
Overall: 3.08 times

QIB: 0.67 times
Non Institutional Investors: 0.20 times
Retail: 0.86 times
Overall: 0.66 times

Issue opens on: August 19, 2016
Issue closes on: August 23, 2016
Face Value: Rs 10/- Per Equity Share
Price Band: Rs. 224 - Rs. 225 Per Equity Share
Bid Lot: 65 share and in multiples thereof

RBL Bank (earlier known as Ratnakar Bank) is coming up with an IPO of equity shares which opens for subscription from August 19, 2016. The IPO would consist of fresh issue of equity shares by the bank aggregating up to Rs 832.5 crore and an OFS up to 16,909,628 equity shares

RBL Bank Limited (formerly known as The Ratnakar Bank limited) is a scheduled commercial bank headquartered in the Kolhapur region of Maharashtra. Founded in August 1943, RBL is one of the oldest private sector banks in India. The Bank currently services approximately 19,00,000 customers and has a total business size of over Rs. 45,000 Crores. It offers a range of banking products and services categorized largely in 5 verticals - Corporate & Institutional Banking, Commercial Banking, Retail Banking, Agri & Development Banking and Financial Markets

As of March 2016, RBL Bank has grown to a network of 193 branches and 362 ATMsacross 13 Indian states and Union Territories. In 2014, the bank announced its plan to issue an IPO

The IPO is proposed in a price band of Rs.224 to Rs.225 per equity share. The company has pre-IPO placement of 2.5 crore equity shares to few investors at a price of Rs 195 per share

Kotak Mahindra Capital, Axis Capital, Citigroup Global Markets India and Morgan Stanley India are leading book running lead managers. Other book running lead managers include HDFC Bank, ICICI Securities, IDFC Securities, IIFL Holdings and SBI Capital Markets

The price band for upcoming IPO of RBL Bank is fixed at Rs.224/- to Rs.225/- per equity share. The gap between lower end of price band and its upper end is rather unusual at Re.1/- only. The bid lot would therefore be 65 equity shares and in multiples thereof

RBL Bank (earlier known as Ratnakar Bank) is coming up with an IPO of equity shares which opens for subscription from August 19, 2016. The IPO would be open for subscription till August 23, 2016

RBL acquired certain Indian businesses of the Royal Bank of Scotland (RBS), including the RBS's business banking, credit card and mortgage portfolio businesses, in 2014.