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Shares in Indian private sector lender Bandhan Bank Ltd rose as much as 33 per cent in their trading debut&nbspon Tuesday&nbspafter its $691 million initial public offering.

 
By 0430 GMT, the shares were trading at 461.35 rupees, 23 per cent higher than the IPO issue price of 375 rupees.

 
The IPO, which is the biggest for an Indian bank, had been subscribed nearly 15 times, driven by strong demand from institutional investors.

Bandhan bank

 IPO

 shares

 Indian bank

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 India News News

 wionews.com

Shares in Indian private sector lender Bandhan Bank Ltd rose as much as 33 per cent in their trading debut&nbspon Tuesday&nbspafter its $691 million initial public offering. By 0430 GMT, the shares were trading at 461.35 rupees, 23 per cent higher than the IPO issue price of 375 rupees. The IPO, which is the biggest for an Indian bank, had been subscribed nearly 15 times, driven by strong demand from institutional investors.

The IPO, which is the biggest for an Indian bank, had been subscribed nearly 15 times

Bandhan Bank