RBL Bank LogoRBL Bank IPO

RBL Bank (formerly Ratnakar Bank) is one of India’s fastest growing private sector banks. The bank offer a comprehensive range of banking products and services customized to cater to the needs of large corporations, small and medium enterprises (SMEs), agricultural customers, retail customers and development banking & financial inclusion (low income) customers. As of March 31, 2016, RBL Bank had 197 interconnected branches and 362 interconnected ATMs spread across 16 Indian states and union territories serving approximately 1.90 million customers.
With operations started in 1943 as Ratnakar Bank, the company has a long history in India. While it started as a small, regional bank in Maharashtra with just two branches in Kolhapur and Sangli, it has now transformed into a national player. Much of this transformation took place since 2010 and under this growth strategy, RBL Bank acquired certain Indian businesses of the Royal Bank of Scotland (RBS) in FY2014. The acquisition included RBS’s business banking, credit card and mortgage portfolio businesses. In the last six years, RBL Bank has raised four rounds of funding and roped in several prominent investors such as CDC Group, Asian Development Bank (ADB), International Finance Corporation (IFC), Norwest Venture Partners (NVP), and domestic private equity fund Faering Capital India.
Subscription Dates 19-23 August 2016
Price Band INR224-225 per share
Fresh Issue Size INR832.5 crore
Offer For Sale 16,909,628 shares (INR380.5 crore at upper price)
Total IPO size INR1,213 crore (at upper price)
Minimum bid (lot size) 65 shares
Face Value  INR10 per share
Retail Allocation 35%
Listing On BSE, NSE
Fresh issue size INR832.5 crore
Augment the bank’s Tier-I capital base to meet future capital requirements INR832.5 crore
 
Name of shareholder Equity Shares Percentage (%)
CDC Group PLC 15,823,857 4.75
Asian Development Bank 14,350,000 4.31
International Finance Corporation 12,717,250 3.82
Norwest Venture Partners X FII-Mauritius 12,515,162 3.76
Faering Capital India Evolving Fund 11,975,980 3.60
Galileo Investments Limited 11,940,000 3.59
Cartica Capital 2 Ltd 11,310,000 3.40
GPE 10,418,032 3.13
Unit Trust of India Investment Advisory Services Limited A/C Ascent India Fund III 10,403,100 3.13
Asia Capital Financial Opportunities Pvt Ltd 10,109,475 3.04
Total 121,562,856 36.53

RBL Bank’s consolidated financial performance (in INR crore)

  FY2012 FY2013 FY2014 FY2015 FY2016
Total revenue 532.2 1,005.7 1,612.5 2,356.4 3,234.8
Total expenses 418.2 846.1 1,433.8 1,996.3 2,692.4
Profit after tax 65.1 92.8 92.6 207.1 292.4

RBL Bank IPO Subscription Details

Category Shares offered Subscription (no. of times, at 7:30 PM)
Day 1 Day 2 Day 3
QIB  10,864,515 0.66 4.27 85.08
NII  8,111,221 0.19 1.07 198.05
Retail  18,926,183 0.86 3.25  5.65
Total  37,901,919 0.66 3.08 69.59

RBL Bank IPO Allotment Status

RBL Bank IPO allotment status is now available on Link Intime’s website. Click on this link to get allotment status.

You can also check your IPO allotment status from your mobile at
http://eipo.linkintime.co.in/ipo/ 
http://linkintime.co.in/ipo

RBL Bank Contact Details

RBL Bank Ltd
One Indiabulls Centre, Tower 2B,
6th Floor, 841, Senapati Bapat Marg, Lower Parel (W)
Mumbai 400 013

Phone: +91 22 4302 0600
Fax: +91 22 4302 0520
Email: ipo@rblbank.com
Website: www.rblbank.com

Registrar of RBL Bank IPO

Link Intime India Private Limited
C-13 Pannalal Silk Mills Compound,
LBS Marg, Bhandup West, Mumbai – 400 078
Maharashtra, India

Phone: +91 22 2596 3838
Fax: +91 22 2594 6969
Email: rbl.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

Listing Performance of RBL Bank IPO

IPO Opening Date: 19 August 2016

IPO Closing Date: 23 August 2016

Finalisation of Basis of Allotment: 26 August 2016

Initiation of refunds: 29 August 2016

Transfer of shares to demat accounts: 30 August 2016

Listing Date: 31 August 2016

Listing Price on NSE: INR274.2 per share (Return of 21.9% over allotment price)

Closing Price on NSE: INR299.95 per share (Return of 33.3% over allotment price)

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52 Comments on "RBL Bank IPO"

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What is the future of RBL IPO…Should I hold it for a time period or sale…what would be the maximum price of RBL IPO…? Pls suggest..

No page on ICICI Prudential IPO? It is the next IPO for investment.

ICICI Pru still to get sebi clearance, L&T Technology and GNA Axles are next IPOs

i got 1 lot 65shares

i want to sale 2 lots of RBL, What is the price offering

Hi Nirav You Want 2 Lots RBL Bank to Sell If Series Call Me 9782842263

Got 1/1

HI I HAVE 2 LOTS OF RBL SHARE ANY INTERESTED TO BUY

Call Me Imran 9782842263

2/3

I want to Sell 65 share of RBL.
price ?

356 price but sell 31st or 1 date

Hi Maulik Call Me 9782842263

allocated 1 from 6 applied

Where is this information from? I don’t see any update on linkintime site

amt deducted from bank ac

Check your bank accounts. If the lien is removed, you are lucky winner 🙂

Thanks, I am also new to this, if the allotment is done and we don’t want to sell still we have to do hold daily ??

how to check allotment status

to check ipo on go to online link intime and select ipo which ipo to buy

bhai shahab alotment kab aayegi

Tonight or early morning tomorrow buddy. Otherwise, 30 ko to ayega hi.

Can I sell my application after closing of subscription and before listing? I want to sell my three applications.

U CAN CALL ME ANYTIME
8863805714

Yes, you can sell anytime before listing. Kostak for RBL Bank is around 750/-. Get in touch with your local broker.

where to sell rbl at Rs. 750/- or more before listing if i will get allotment?

plz call me 8863805714
i will buy ur shares
where r u from ?

i have 130 shares of rbl what rate u are offerring

RBL GMP has reduced lekin abhi bhi 40 ke upar hai. Kisi ko Rajkot ya Jaipur mein bechna ho to batana.

Till what time the RBL ipo application is open today?

Too late dear, some banks allow till 3 but I usually apply on first or second day.

Below 35 now!! It is entering in the danger zone. If stock markets go down, this 30 something may also evaporate.

GMP is going down in RBL. Fully subscribed in retail and GMp at 35 now.

if ready than contact me on 8425071456

is anybody ready to purchase my application of 195 rbl ipo share in grey market

Hello Mr. Vikas Call Me 9782842263

call me 8863805714

Plz can any one tell the listing price of RBL, I am small investor, to make some money n not to risk my capital n I want to sell at listing day if shares allotted. Thanks

between 35 to 50 Rs.

Anchor investor list is good which means demand from institutional investors is strong for this ipo. sell on listing day if one gets allotment, there will be selling pressure, 35% for retail.

This is good Ipo but gmp suggest that upside in the case of allotment is limited to some 3k. Not much scope of improvement after listing. This is not equitas or ujjivan, better to sell the application in grey market.

Rightly said sir, good if we get allotment but no problem if not. Which new ipo are available next month?

Grey premium has moved up in RBL, now trading at 55 – 60. Announcement on HPL IPo to be made soon

Should I sell my application what are the chances of getting allotment

sell to me if u get allotmnt aat 2000 profit before listing
call 8863805714

Sell if you prefer sureshot 800 bucks over ‘subject to allotment’ profit of 3.5k. Chances of allotment aren’t very high, we will get only one lot if we are lucky. Retail portion may get subscribed on the second day if not today.

RBL IPO actively traded in grey market. GMP around 50 and kostak (application) rate around 900.

Finally something good for investment where allotment can be get. What is grey market saying?

Good information, price band will be near 224 and 225

Iske baad kaun sa ipo aa raha h?

agar meri rbl ipo me allotment aa jati h toh kya mein isko hold karke rakho ya sold out same day par kar do?

bhai ji agar aache price par open hota h toh sold out kar dena nahi toh hold hi karna HOGA BUT AACHE PAR HI OPEN HOGA

wpDiscuz