Bandhan Bank: Latest Grey Market Premium / GMP Today - IPO Reviews

Sunday, March 25, 2018

Bandhan Bank: Latest Grey Market Premium / GMP Today

Bandhan Bank had seen a very good subscription especially from Qualified Institutional Investors (QII) and Non-Institutional Investors (NII), who bidded 38.6 and 13.8 times respectively. While the Retail Quota was subscribed by 1.05, which completed the overall subscription by 14.5 times.

Bandhan Bank: Latest Grey Market Premium / GMPHuge bidding by both QIIs and NIIs lead to the surge in Grey Market Premium of Bandhan Bank. But remember that the GMP alone will not indicate listing gains. The market condition at the time of listing will complement the gains or losses.

The latest and final GMP of Bandhan Bank as of 26th March 2018 is Rs 70 to 80



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