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RBL Bank Ltd.

RBL Bank Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹225
₹225
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹225
Based on GMP
Min. Investment
₹14,625
1 lot × 65 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
19 Aug 2016
Close Date
23 Aug 2016
Allotment
29 Aug 2016
Listing Date
31 Aug 2016
Exchange
NSE & BSE
Price Band
₹225
Listing Price
See chart
Allotment Status
Price Band
₹225
Per share
Face Value
₹10 per share
 
Lot Size
65 Shares
per lot
Issue Size
5,39,09,628 shares (aggregating up to ₹1,212.97 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,625
1 lot
Pre-IPO Holding
33,28,08,976 shares
Promoters
Post-IPO Holding
36,98,08,976 shares
Promoters
UPI Deadline
2016-08-23
Mandate
Anchor AllotmentThu, 18 Aug 2016
Basis of AllotmentMon, 29 Aug 2016
Refund InitiationTue, 30 Aug 2016
Demat CreditTue, 30 Aug 2016
Listing DayWed, 31 Aug 2016
UPI Mandate Deadline2016-08-23
Sale TypeFresh Capital-cum-Offer for Sale
Fresh Issue Shares3,70,00,000 shares (aggregating up to ₹832.50 Cr)
Offer for Sale1,69,09,628 shares of ₹10 (aggregating up to ₹380.47 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
RBL Bank Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 23 Aug 2016.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
53,909,628
100% ₹1,212.97
IPO Shares Offered
RBL Bank Ltd. IPO total issue size: ₹1,212.97 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 53,909,628 ₹1,212.97
100.00%
* Based on upper price band ₹225 per share
Lot Size & Investment
Lot Size
65
Shares per Lot
Issue Price
₹225.00
Upper Band
Min Investment
₹14,625
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)2130₹29,250
Retail (Max — 13 Lots)13845₹190,125
S-HNI (Min — 14 Lots)14910₹204,750
B-HNI (Min — 69 Lots)694,485₹1,009,125
* Issue Price ₹225 × Lot Size 65 shares
IPO Schedule
Anchor
18 Aug 2016
✓ Done
IPO Open
19 Aug 2016
✓ Done
IPO Close
23 Aug 2016
✓ Done
Allotment
29 Aug 2016
✓ Done
Refunds
30 Aug 2016
✓ Done
Demat Credit
30 Aug 2016
✓ Done
Listing Day
31 Aug 2016
✓ Done
RBL Bank Ltd. — Live Price LIVE
₹225.00
INR · BSE
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Issue ₹225.00 Live Price
About RBL Bank Ltd.
Incorporated in 1943 as a regional bank in Maharashtra, 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 (low income) customers.As of March 31, 2016, RBL had 197 branches and 362 ATMs spread across 16 Indian states serving over 1.9 million customers.Information in this paragraph is taken from chittorgarh.com, India's No. 1 IPO Investment Portal.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.RBL's business segments consist of corporate and institutional banking, commercial banking, branch and business banking, agribusiness banking, development banking and financial inclusion and treasury and financial markets operations.Discuss this IPO on Chittorgarh.com, the most active IPO discussion forum.RBL's Competitive Strengths:1. Client focused approach to business resulting in growing brand recognition2. Robust multi-channel distribution system3. Partnerships that expand reach in rural markets4. Growing net interest and non-interest income5. Risk management and balance sheet focus6. Modern and scalable information technology systems infrastructure7. Focus on operational quality and scalability
Objects of the Issue
1
1 To augment our Bank’s Tier-I capital base to meet ourBank’s future capital requirements which are expected to arise out of growth in our Bank’s assets, primarily ourBank’s loans/advances and investment portfolio, and to ensure compliance with Basel III and other RBI guidelines
2
2 To achieve the benefit of listing equity shares on the exchange
RBL Bank Ltd. Financials (Amount in ₹ Crore)
Revenue from Operations
₹1,612.6
31-Mar-14
₹2,356.5
31-Mar-15
₹3,234.9
31-Mar-16
Profit After Tax (PAT)
₹92.9
31-Mar-14
₹208.5
31-Mar-15
₹296.8
31-Mar-16
Particulars31-Mar-1631-Mar-1531-Mar-14
Revenue from Operations 3234.85 2356.49 1612.59
EBITDA N/A N/A N/A
Profit After Tax (PAT) 296.80 208.45 92.89
Net Worth N/A N/A N/A
Total Assets 39160.09 27103.65 18197.08
Reserves & Surplus N/A N/A N/A
Borrowings N/A N/A N/A
EBITDA Margin (%) N/A
PAT Margin (%) N/A
Issue Structure & Shareholding
Total Shares Offered5,39,09,628 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding33,28,08,976 shares
Post-Issue Promoter Holding36,98,08,976 shares
P/BV RatioN/A
RoEN/A
RoCEN/A
Debt / EquityN/A
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Axis Bank Ltd.
Citigroup Global Markets India Pvt.Ltd.
HDFC Bank Ltd.
ICICI Securities Ltd.
Dam Capital Advisors Ltd.
IIFL Capital Services Ltd.
Kotak Mahindra Capital Co.Ltd.
Morgan Stanley India Co.Pvt.Ltd.
SBI Capital Markets Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much RBL Bank Ltd. IPO subscribed?

RBL Bank Ltd. IPO is subscribed 1.00 times by Aug 23, 2016. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is RBL Bank Ltd. IPO retail subscription status?

The RBL Bank Ltd. IPO retail category is subscribed 1.00 times as of 23 Aug 2016. The retail portion is oversubscribed.

How to subscribe RBL Bank Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 19 Aug 2016 and closes 23 Aug 2016. Min investment: ₹14,625 (1 lot = 65 shares). UPI mandate: 2016-08-23.

How many times RBL Bank Ltd. IPO subscribed?

The RBL Bank Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check RBL Bank Ltd. IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 29 Aug 2016. Refunds: on 30 Aug 2016.

When RBL Bank Ltd. IPO will be listed?

The RBL Bank Ltd. IPO listing date is 31 Aug 2016, Wednesday. Listed on: NSE & BSE. Issue price: ₹225. Estimated listing: ₹225. GMP: NIL.

When RBL Bank Ltd. IPO close?

The RBL Bank Ltd. IPO closes on 23 Aug 2016, Tuesday. UPI mandate: 2016-08-23. Allotment: 29 Aug 2016. Listing: 31 Aug 2016.