Current IPO: RBL BANK

RBL Bank Incorporated in 1943 as a regional bank in Maharashtra, RBL Bank Ltd is a Mumbai India based private sector bank offering range of banking products and services to large corporations, SMEs, agricultural customers, retail customers and development banking & financial inclusion (low income) customers.

As of March 31, 2015, RBL had 183 branches and 348 ATMs spread across 13 Indian states serving over 1.3 million customers.

#RBL acquired certain Indian businesses of the Royal Bank of Scotland (RBS), including the RBS’s business banking, credit card and mortgage portfolio businesses, in 2014.

RBL’s business segments consist of corporate and institutional banking, commercial banking, branch and business banking, agribusiness banking, development banking and financial inclusion and treasury and financial markets operations.

RBL’s Competitive Strengths:

  1. Client focused approach to business resulting in growing brand recognition
    2. Robust multi-channel distribution system
    3. Partnerships that expand reach in rural markets
    4. Growing net interest and non-interest income
    5. Risk management and balance sheet focus
    6. Modern and scalable information technology systems infrastructure
    7. Focus on operational quality and scalability

Company Promoters:

RBL is a professionally managed company and does not have an identifiable promoter in terms of the SEBI Regulations and the Companies Act, 2013. Consequently, it has no ‘promoter group’ nor any ‘group companies’ in terms of the SEBI Regulations.

 

Company Financials:

Particulars For the year/period ended (in Rs. Million)
31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13 31-Mar-12
Total Assets 271,036.49 181,970.77 129,622.74 72,072.67
Total Revenue 23,564.94 16,125.88 10,057.61 5,322.16
Profit After Tax (PAT) 2,084.51 928.88 925.28 657.43

Objects of the Issue:

The public issue comprises a fresh Issue and an offer for sale by the selling shareholders.

  1. The Offer for Sale

RBL Bank will not receive any proceeds from the Offer for Sale.

  1. The Fresh Issue

The proceeds from the fresh issue will be utilised towards the following objects:

  1. Augment capital base to meet Bank’s future capital requirements ;
    B. Enhance their visibility and brand name among existing and potential customers.;
    C. General corporate purposes.

Issue Detail:

»»  Issue Open: Aug 19, 2016 – Aug 23, 2016
»»  Issue Type: Book Built Issue IPO
»»  Issue Size:
›  Fresh Issue of [.] Equity Shares of Rs 10 aggregating up to Rs 832.50 Cr
›  Offer for Sale of 16,909,628 Equity Shares of Rs 10 aggregating up to Rs [.] Cr
»»  Face Value: Rs 10 Per Equity Share
»»  Issue Price: Rs. 224 – Rs. 225 Per Equity Share
»»  Market Lot: 65 Shares
»»  Minimum Order Quantity: 65 Shares
»»  Listing At: BSE, NSE

Company Contact Information

RBL Bank Ltd
RBL Bank Ltd,
1 st Lane, Shahupuri,
Kolhapur – 416 001
Phone: +91 231 6650 214
Fax: +91 231 2657 386
Email: ipo@rblbank.com
Website: http://www.rblbank.com

RBL Bank IPO Prospectus

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