Indian IPO Blog: RBL IPO
Showing posts with label RBL IPO. Show all posts
Showing posts with label RBL IPO. Show all posts

Tuesday, August 30, 2016

RBL Bank Limited Listing on August 31

August 30, 2016 0
RBL Bank Limited Listing on August 31
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 Issue Price

August 30, 2016 0
RBL Bank Issue Price
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.

Monday, August 29, 2016

RBL Bank IPO Allotment status declared

August 29, 2016 0
RBL Bank IPO Allotment status declared

RBL Bank IPO Allotment Status

August 29, 2016 0
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

Tuesday, August 23, 2016

RBL Bank IPO oversubscribed 69.5 times, retail subscription at 5.5 times

August 23, 2016 0
RBL Bank IPO oversubscribed 69.5 times, retail subscription at 5.5 times
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

RBL Bank IPO | RBL Bank IPO Final Subscription Status

August 23, 2016 0
RBL Bank IPO | RBL Bank IPO Final Subscription Status

Monday, August 22, 2016

RBL Bank IPO closes tomorrow, subscribed 3.08 times till Day 2

August 22, 2016 0
RBL Bank IPO closes tomorrow, subscribed 3.08 times till Day 2
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