Bandhan Bank, Ireda lay groundwork for India floats

savings bank
By John Loh
02 Jan 2018

India’s Bandhan Bank is set to start pre-marketing its $700m IPO this month, according to bankers arranging the deal.

The issuer plans to begin investor education around the end of January and launch bookbuilding by late March. The listing could raise some $675m to $700m from the sale of both new and existing shares, a banker said.

Bandhan Bank filed a preliminary prospectus at the end of ...

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