Bandhan Bank has market cap of approx 55000cr already which is greater than all govt banks except SBI. It is now 8th largest listed Indian bank by mkt cap!
On performance front, BBL has reported total income/net profits of Rs. 7.95 cr. / Rs. 0.60 cr. (FY15), Rs. 1731.25 cr. / Rs. 275.25 cr. (FY16) and Rs. 4320.12 cr. / Rs. 1111.95 cr. (FY17). For first nine months of the current fiscal ended on 31.12.17 it has earned net profit of Rs. 957.70 on total income of Rs. 3954.51 cr. For last three fiscals it has posted an average EPS of Rs. 6.21 and an average
RoNW of 15.27%. So Bandhan is growing FAST.
with this kind of growth, if continues ahead, its PE & PB ratio willcome down.
As on December 31, this fiscal (2017-18) gross NPA ratio was at 1.67 per cent. It is gradually coming down.
With
Capital adequacy ratio at 26.25 per cent BBL do not need any capital as of now but as per regulatory requirement, since it got Banking License in 2015 then within 3 years i.e., by 2018 it has to be publicly listed with at least 10% shares issued to public ...... hence this IPO ...... hence opportunity for Investors to invest.
Besides Bandhan has high potential to grow .... due to
comparatively low base effect ......