Dear Reader,

Bandhan Bank, which started about two years back, came up with an IPO to mobilise Rs 4,473 crore with an issue price of Rs 375. Shares of Bandhan Bank are presently trading at more than Rs 500 per share, 33% higher than the issue price. With a market capitalization of over Rs 600 billion now, Bandhan has become the eighth largest bank in India in terms of market capitalization in short time...