RBL Bank IPO - Grey Market, GMP & Reviews

IPO Details

Issue Date 19/08 - 23/08
Issue Size ₹832.5 Cr
Issue Price ₹224 - 225
Market Lot 65 Shares
Shares on Offer 16,909,628
Registrar
GMP ₹35 - 40
Kostak ₹800 - 1000
Subject to Sauda N/A
Listing Date 31-Aug
Listing Price ₹274.4
Listing Gain% 21.96

About RBL Bank Ltd IPO

RBL Bank is one of India's fastest growing scheduled commercial banks. It is continuously expanding its presence across India through a growing network of branches and ATMs.

Established in 1943, RBL Bank undertook a transformational journey under a new management team in 2010. It embarked on an aggressive growth plan based on a robust platform of professional governance, relationships, technology infrastructure, high quality capital and geographic expansion. Over the last five years, some of the most notable global and domestic names have infused capital of over Rs. 1,500 Crores, taking TIER 1 capital to Rs. 2,200 Crores (approx).

Today, RBL Bank offers specialized services under five business verticals namely: Corporate & Institutional Banking, Commercial Banking, Retail Banking, Agri & Development Banking and Financial Markets. The Bank currently serves more than 14,00,000 customers and has a total business size of over Rs. 31,000 Crores.

As of March 2016, RBL Bank has grown to a network of 201 branches and 365 ATMs across 16 Indian states and Union TerritoriesAs of March 2016, RBL Bank has grown to a network of 201 branches and 365 ATMs across 16 Indian states and Union Territories

Please refer to http://www.rblbank.com for details.

Company Financials

Particulars 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13 31-Mar-12
Total Assets (In ₹ Millions) 391,600.91 271,036.49 181,970.77 129,622.74 72,072.67
Total Revenue (In ₹ Millions) 32,348.50 23,564.94 16,125.88 10,057.61 5,322.16
Profit After Tax (PAT) (In ₹ Millions) 2,968.02 2,084.51 928.88 925.28 657.43

RBL Bank Ltd IPO IPO Reviews

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Subscription Details

Date & Time QIB NII RII Total
Day 1 - Aug 19,2016 0.67 0.20 0.86 0.66
Day 2 - Aug 22,2016 4.28 1.08 3.26 3.08
Day 3 - Aug 23,2016 85.08 198.06 5.70 69.62

Allotment Status

Please click the link below to check the IPO allotment status.

IPO Allotment Status

RBL Bank Ltd IPO IPO FAQs

  1. When will RBL Bank Ltd IPO IPO open?

    RBL Bank Ltd IPO IPO will open on 19/08 and close on 23/08.

  2. What is the listing date of RBL Bank Ltd IPO IPO?

    RBL Bank Ltd IPO IPO will list on 31-Aug.

  3. What is the offer price of RBL Bank Ltd IPO IPO?

    The offer price of RBL Bank Ltd IPO IPO is ₹224 - 225.

  4. What is the lot size of RBL Bank Ltd IPO IPO?

    The lot size of RBL Bank Ltd IPO IPO is 65.

  5. What is the Grey Market Premium (GMP) price of RBL Bank Ltd IPO IPO?

    The Grey Market Premium (GMP) price of RBL Bank Ltd IPO IPO is ₹35 - 40.

  6. What is the Kostak price of RBL Bank Ltd IPO IPO?

    The Kostak price of RBL Bank Ltd IPO IPO is ₹800 - 1000.

  7. What is the Subject to Sauda price for RBL Bank Ltd IPO IPO?

    The Subject to Sauda price for RBL Bank Ltd IPO IPO is Not Available at the moment.

RBL Bank Ltd IPO IPO Review/Comments

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