RBL Bank IPO Allotment Status

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 (formerly Ratnakar Bank Limited) is all set to hit the primary market with its initial public offering (IPO) Issue Size Rs 1212.97 Crores opens on Aug 19, 2016 And closes on Aug 23, 2016, price band has been fixed between Rs. 224 and Rs. 225 per equity share

RBL Bank IPO Detail
IPO Open		19-Aug-16
IPO Close		23-Aug-16
IPO Size		Offer for Sale of 16,909,628 Equity Shares of Rs 10
Face Value		Rs 10 Per Equity Share
Price Band		Rs. 224 - Rs. 225
Listing on		BSE & NSE