Investors, one more company gets Sebi node for a whopping amount of 2500 Crore Initial Public Offering (IPO). This Kolkata-based bank had filed the draft papers with Sebi on Jan 1 and finally, it got a green signal from Sebi.

As per draft papers, this bank’s IPO comprises the issue of up to 9.76 Crore equity shares & the offer for sale around 1.40 Crore scrips by IFC and around 75.65 Lac shares by the Invest company IFC FIG.

This equity shares will be listed on BSE and NSE. RBI has granted the banking license to Bandhan Financial Services in April 2014.