What is the price band of the RBL Bank IPO?

The price band is ₹224–225 per share, and the final issue price is ₹225.

What is the lot size of the RBL Bank IPO?

The lot size has not been published yet.

When is the RBL Bank IPO listing date?

The shares listed on 31 August 2016.

How many times was the RBL Bank IPO subscribed?

It was subscribed 69.6x overall: QIB 85.1x, NII 198x and retail 5.70x (NSE and BSE together).

RBL Bank IPO

RBL Bank Limited (RBLBANK) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 31 August 2016.

Listed 31 Aug Subscribed 69.6x Listing gain +21.9%

Issue details

Price band

₹224–225

Issue price

₹225

Lot size

—

Min. retail bid

—

Issue size

₹1,219 Cr

Face value

₹10

Bidding

19 Aug – 23 Aug 2016

Listing

31 Aug 2016

Retail quota

35%

Registrar

Link Intime India Private Limited

Listing day

Listed at

₹274

+21.9% vs issue price ₹225

Day's high

₹306

+35.8% · low ₹274 (+21.9%)

Day's close

₹299

+33.1% · traded ₹2,289 Cr

Subscription status

Category	Shares offered	Shares bid for	Subscribed
QIB (institutions)	1,08,64,515	92,43,67,730	85.1x
NII (HNI) total	81,11,221	1,60,64,85,075	198x
Retail	1,89,26,183	10,78,66,655	5.70x
Total	3,79,01,919	2,63,87,19,460	69.6x

Bids on NSE and BSE together, as published by NSE. Shares offered exclude the anchor portion. 4% of all shares bid for were at the cut-off price.

Past IPOs with similar demand

Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to RBL Bank's, and how they listed.

IPO	QIB	NII	Retail	Total	Size	Listing gain	Day high
Thyrocare TechnologiesApr 2016	73.2x	225x	8.73x	73.5x	₹479 Cr	+49.1%	+49.1%
Ujjivan Financial ServicesMay 2016	33.8x	135x	4.02x	40.7x	₹892 Cr	+10.4%	+16.5%
Advanced Enzyme TechnologiesJul 2016	94.0x	393x	11.7x	116x	₹413 Cr	+35.0%	+38.8%
TeamLease ServicesFeb 2016	27.0x	185x	10.6x	66.0x	₹450 Cr	+1.2%	+21.4%
Quess CorpJul 2016	59.0x	392x	34.1x	144x	₹411 Cr	+57.7%	+60.7%
Dilip BuildconAug 2016	9.76x	79.6x	2.35x	20.9x	₹672 Cr	+9.6%	+16.4%

Offer documents (NSE)

Red Herring Prospectus (zip) Basis of issue price (zip) Anchor allocation (zip)

Frequently asked

What is the RBL Bank IPO price band and lot size? ₹224–225 per share.

How many times has it been subscribed? 69.6x overall: QIB 85.1x, NII 198x, retail 5.70x.

How did it list? It opened at ₹274, +21.9% against the issue price of ₹225, and closed its first day +33.1%.

Other IPOs of 2016

Laurus Labs Sheela Foam GreenSignal Bio Pharma Varun Beverages Endurance Technologies HPL Electric and Power GNA Axles L&T Technology Services All 2016 IPOs →

Important: The AI listing estimates on Flash Finance are statistical estimates drawn from how past Indian IPOs have listed. They are not a forecast of what any IPO will do, not a recommendation to apply, buy or sell, and not investment advice. Listing prices depend on market conditions on the listing day and can differ widely from any estimate; past patterns may not repeat. Subscription figures are as published by NSE (bids on NSE and BSE together) and can be revised. Flash Finance is not a SEBI-registered investment adviser or research analyst. Read the issue's Red Herring Prospectus and consult a SEBI-registered adviser before you invest.