Cases which are expired (after the specified time limit) have been excluded.
Remarks
Mandate Creation means a transaction where the customer has created a successful
block of amount in the bank account for an IPO application.
UPI IPO Remitter - Mandate Execution (Dec'21)
Sr. No.
Remitter Bank
Total Volume
Approved%
BD%
TD%
1
State Bank Of India
197,824
97.31%
2.48%
0.21%
2
HDFC Bank Ltd.
135,813
99.96%
0.04%
0.00%
3
ICICI Bank
97,534
99.70%
0.28%
0.02%
4
Bank of Baroda
69,083
93.54%
6.44%
0.02%
5
Axis Bank Ltd.
53,562
96.09%
3.91%
0.00%
6
Punjab National Bank
32,714
97.76%
1.62%
0.62%
7
Kotak Mahindra Bank
32,000
99.91%
0.08%
0.01%
8
Bank of India
29,587
99.64%
0.06%
0.30%
9
Union Bank of India
23,167
99.80%
0.18%
0.02%
10
Canara Bank
17,581
99.72%
0.28%
0.00%
11
IDBI Bank Limited
15,115
98.72%
0.04%
1.24%
12
Central Bank Of India
12,832
99.90%
0.06%
0.04%
13
IndusInd Bank
7,408
99.01%
0.39%
0.60%
14
Indian Bank
7,233
77.69%
22.02%
0.29%
15
Citibank
6,564
99.65%
0.34%
0.01%
16
Yes Bank Ltd
5,949
92.62%
0.08%
7.30%
17
IDFC FIRST Bank
5,823
99.78%
0.12%
0.10%
18
Bank of Maharashtra
5,254
97.13%
0.02%
2.85%
19
UCO Bank
5,030
99.84%
0.16%
0.00%
20
The Mehsana Urban Co-Operative Bank Ltd.
3,899
99.87%
0.08%
0.05%
21
Indian Overseas Bank
3,741
99.92%
0.08%
0.00%
22
Standard Chartered
3,198
99.97%
0.03%
0.00%
23
Federal Bank
2,607
99.77%
0.15%
0.08%
24
Saraswat Bank
2,509
99.72%
0.28%
0.00%
25
Karnataka Bank
2,222
99.55%
0.00%
0.45%
26
Rajkot Nagrik Sahakari Bank Ltd.
2,047
99.85%
0.15%
0.00%
27
Bandhan Bank
1,852
98.76%
0.05%
1.19%
28
DBS BANK LTD
1,699
99.12%
0.06%
0.82%
29
AU Small Finance bank
1,488
98.79%
0.87%
0.34%
30
Karur Vysya Bank
1,467
81.25%
0.68%
18.07%
31
South Indian Bank
1,300
98.85%
0.85%
0.30%
32
Kalupur Commercial Cooperative Bank
1,054
98.01%
1.90%
0.09%
33
RBL Bank
938
99.79%
0.21%
0.00%
34
Tamilnad Mercantile Bank
827
96.25%
3.63%
0.12%
35
HSBC
806
78.04%
0.00%
21.96%
36
City Union Bank
784
100.00%
0.00%
0.00%
37
Punjab and Sind Bank
770
98.31%
1.69%
0.00%
38
SVC Co-operative Bank Ltd
692
72.69%
27.02%
0.29%
39
Equitas Small Finance Bank
577
96.71%
3.29%
0.00%
40
DCB Bank Ltd
534
100.00%
0.00%
0.00%
41
TJSB Sahakari Bank Ltd.
489
99.59%
0.41%
0.00%
42
Surat People Cooperative Bank
459
94.55%
0.00%
5.45%
43
The Ahmedabad Mercantile Co-op Bank Ltd.
364
100.00%
0.00%
0.00%
44
Janata Sahakari Bank Ltd. Pune
209
100.00%
0.00%
0.00%
45
Dhanlaxmi Bank Ltd
166
98.80%
1.20%
0.00%
46
Catholic Syrian Bank
129
100.00%
0.00%
0.00%
47
GP Parsik Bank
106
99.06%
0.94%
0.00%
Note:
Mandate execution relate only to IPO applications for which the shares have been allotted.
Business Declines (BD) and Technical Declines (TD) are at the time of online transactions
and such declines are manually processed within 24 hrs to 48 hrs.
Remarks
Mandate Execution means transaction where the customer has applied for an IPO and
has been allotted shares for which the funds are debited from the applicant’s
account.
IPO Banks Performance (Nov'21)
UPI IPO Remitter - Mandate Creation (Nov'21)
Sr. No.
Remitter Bank
Total Volume
Approved%
BD%
TD%
1
State Bank Of India
1,974,490
88.39%
9.34%
2.27%
2
HDFC BANK LTD
1,248,619
94.01%
5.94%
0.05%
3
ICICI Bank
889,168
94.97%
4.68%
0.35%
4
Bank of Baroda
643,997
85.22%
11.26%
3.52%
5
Axis Bank Ltd.
501,269
92.92%
6.41%
0.67%
6
Kotak Mahindra Bank
321,520
93.40%
5.97%
0.63%
7
Punjab National Bank
316,413
90.86%
8.01%
1.13%
8
Bank of India
270,825
91.94%
7.55%
0.51%
9
Union Bank of India
233,177
91.40%
8.03%
0.57%
10
Canara Bank
165,187
91.31%
8.07%
0.62%
11
IDBI Bank Limited
134,185
92.77%
7.14%
0.09%
12
Central Bank Of India
125,005
89.34%
8.24%
2.42%
13
Indian Bank
70,543
83.53%
10.12%
6.35%
14
Citibank
66,718
94.42%
5.52%
0.06%
15
INDUSIND BANK
64,652
92.57%
7.26%
0.17%
16
IDFC FIRST Bank
60,831
86.08%
7.24%
6.68%
17
Yes Bank Ltd
56,973
86.49%
12.66%
0.85%
18
Bank of Maharashtra
54,286
89.62%
9.61%
0.77%
19
UCO Bank
48,443
90.41%
9.12%
0.47%
20
Indian Overseas Bank
34,627
90.23%
9.65%
0.12%
21
Standard Chartered
34,621
93.97%
5.86%
0.17%
22
The Mehsana Urban Co-Operative Bank Ltd.
32,881
83.08%
11.72%
5.20%
23
Federal Bank
27,405
88.91%
11.00%
0.09%
24
Saraswat Bank
25,018
84.66%
4.65%
10.69%
25
Karnataka Bank
21,052
87.77%
10.14%
2.09%
26
DBS BANK LTD
18,979
94.85%
5.02%
0.13%
27
Bandhan Bank
16,520
87.38%
7.81%
4.81%
28
Rajkot Nagrik Sahakari Bank Ltd.
16,134
92.78%
7.12%
0.10%
29
AU Small Finance bank
14,681
88.57%
4.65%
6.78%
30
Karur Vysya Bank
13,170
88.72%
11.18%
0.10%
31
South Indian Bank
11,989
90.20%
9.74%
0.06%
32
RBL
9,771
90.09%
9.55%
0.36%
33
Punjab and Sind Bank
9,452
55.08%
13.10%
31.82%
34
Kalupur Commercial Cooperative Bank
9,090
90.98%
8.45%
0.57%
35
HSBC
8,981
93.74%
2.53%
3.73%
36
City Union Bank
6,916
90.88%
8.60%
0.52%
37
Tamilnad Mercantile Bank
6,467
86.27%
11.55%
2.18%
38
Equitas Bank
4,974
86.97%
0.71%
12.32%
39
Svc co-operative bank ltd
4,938
89.94%
8.10%
1.96%
40
TJSB
4,691
88.57%
11.30%
0.13%
41
DCB Bank Ltd
4,576
87.54%
12.11%
0.35%
42
Surat People Cooperative Bank
4,437
72.32%
25.22%
2.46%
43
Jammu and Kashmir Bank
3,835
76.35%
18.23%
5.42%
44
THE AHMEDABAD MERCANTILE CO OP BANK LTD
3,106
92.50%
4.38%
3.12%
45
Lakshmi Vilas Bank
2,072
82.43%
0.82%
16.75%
46
Janata Sahakari Bank Ltd. Pune
1,980
86.31%
10.81%
2.88%
47
Dhanlaxmi Bank Ltd
1,504
78.66%
3.92%
17.42%
48
Catholic Syrian Bank
1,166
77.53%
3.34%
19.13%
49
GP PARSIK BANK
1,034
92.26%
7.55%
0.19%
50
Thane Bharat Sahakari Bank Ltd
338
50.00%
5.92%
44.08%
Note:
Cases which are expired (after the specified time limit) have been excluded.
Remarks
Mandate Creation means a transaction where the customer has created a successful
block of amount in the bank account for an IPO application.
UPI IPO Remitter - Mandate Execution (Nov'21)
Sr. No.
Remitter Bank
Total Volume
Approved%
BD%
TD%
1
State Bank Of India
300,383
73.79%
26.00%
0.21%
2
HDFC BANK LTD
233,768
99.72%
0.04%
0.24%
3
ICICI Bank
169,133
99.58%
0.32%
0.10%
4
Axis Bank Ltd.
89,508
91.24%
8.69%
0.07%
5
Bank of Baroda
81,456
96.76%
2.71%
0.53%
6
Kotak Mahindra Bank
52,733
99.62%
0.21%
0.17%
7
Punjab National Bank
49,848
98.09%
1.70%
0.21%
8
Bank of India
37,572
99.45%
0.34%
0.21%
9
Union Bank of India
35,515
99.32%
0.55%
0.13%
10
Canara Bank
25,922
95.64%
3.96%
0.40%
11
IDBI Bank Limited
21,022
99.27%
0.22%
0.51%
12
Central Bank Of India
17,273
99.09%
0.75%
0.16%
13
Citibank
15,606
99.21%
0.55%
0.24%
14
INDUSIND BANK
10,859
97.59%
2.35%
0.06%
15
Indian Bank
10,154
97.53%
1.71%
0.76%
16
IDFC FIRST Bank
9,606
99.47%
0.31%
0.22%
17
Yes Bank Ltd
8,887
98.50%
1.12%
0.38%
18
Bank of Maharashtra
8,322
99.83%
0.03%
0.14%
19
Standard Chartered
7,511
99.83%
0.08%
0.09%
20
UCO Bank
6,914
97.27%
2.57%
0.16%
21
Indian Overseas Bank
5,363
99.33%
0.61%
0.06%
22
Federal Bank
4,758
98.02%
1.94%
0.04%
23
Saraswat Bank
3,758
99.15%
0.58%
0.27%
24
DBS BANK LTD
3,519
99.66%
0.17%
0.17%
25
Karnataka Bank
3,354
95.56%
0.09%
4.35%
26
The Mehsana Urban Co-Operative Bank Ltd.
3,144
83.65%
0.45%
15.90%
27
Bandhan Bank
2,313
97.62%
1.47%
0.91%
28
South Indian Bank
2,196
98.00%
1.82%
0.18%
29
Karur Vysya Bank
2,154
98.14%
1.26%
0.60%
30
HSBC
2,096
97.71%
0.00%
2.29%
31
AU Small Finance bank
1,985
99.14%
0.66%
0.20%
32
Rajkot Nagrik Sahakari Bank Ltd.
1,741
99.25%
0.18%
0.57%
33
RBL
1,605
97.45%
0.68%
1.87%
34
City Union Bank
1,244
99.60%
0.08%
0.32%
35
Kalupur Commercial Cooperative Bank
1,078
93.78%
6.22%
0.00%
36
Punjab and Sind Bank
994
86.92%
1.31%
11.77%
37
Tamilnad Mercantile Bank
919
86.51%
10.33%
3.16%
38
Svc co-operative bank ltd
876
32.88%
67.01%
0.11%
39
TJSB
786
100.00%
0.00%
0.00%
40
Equitas Bank
751
96.54%
3.06%
0.40%
41
DCB Bank Ltd
700
99.14%
0.29%
0.57%
42
Jammu and Kashmir Bank
482
97.30%
2.08%
0.62%
43
Surat People Cooperative Bank
412
94.90%
0.00%
5.10%
44
THE AHMEDABAD MERCANTILE CO OP BANK LTD
355
98.87%
0.00%
1.13%
45
Lakshmi Vilas Bank
352
98.58%
1.14%
0.28%
46
Janata Sahakari Bank Ltd. Pune
300
100.00%
0.00%
0.00%
47
Dhanlaxmi Bank Ltd
235
99.57%
0.00%
0.43%
48
Catholic Syrian Bank
182
93.96%
0.00%
6.04%
49
GP PARSIK BANK
165
100.00%
0.00%
0.00%
50
Thane Bharat Sahakari Bank Ltd
1
100.00%
0.00%
0.00%
Note:
Mandate execution relate only to IPO applications for which the shares have been allotted.
Business Declines (BD) and Technical Declines (TD) are at the time of online transactions
and such declines are manually processed within 24 hrs to 48 hrs.
Remarks
Mandate Execution means transaction where the customer has applied for an IPO and
has been allotted shares for which the funds are debited from the applicant’s
account.
IPO Banks Performance (Oct'21)
UPI IPO Remitter - Mandate Creation (Oct'21)
Sr. No.
Remitter Bank
Total Volume
Approved%
BD%
TD%
1
State Bank Of India
276,773
85.69%
12.47%
1.84%
2
HDFC BANK LTD
196,811
91.75%
8.11%
0.14%
3
ICICI Bank
134,200
93.51%
6.20%
0.29%
4
Bank of Baroda
99,816
78.56%
14.61%
6.83%
5
Axis Bank Ltd.
75,928
90.52%
9.13%
0.35%
6
Kotak Mahindra Bank
48,478
91.92%
7.84%
0.24%
7
Punjab National Bank
42,790
82.17%
10.30%
7.53%
8
Bank of India
40,774
88.35%
10.91%
0.74%
9
Union Bank of India
35,537
86.95%
12.88%
0.17%
10
Canara Bank
24,896
88.21%
10.95%
0.84%
11
IDBI Bank Limited
20,244
89.47%
9.55%
0.98%
12
Central Bank Of India
18,395
86.97%
10.83%
2.20%
13
Yes Bank Ltd
12,918
41.36%
16.46%
42.18%
14
Citibank
11,324
94.25%
5.28%
0.47%
15
Indian Bank
11,208
72.67%
12.84%
14.49%
16
INDUSIND BANK
9,666
90.63%
9.23%
0.14%
17
IDFC FIRST Bank
8,970
85.77%
7.82%
6.41%
18
Bank of Maharashtra
8,254
87.97%
11.19%
0.84%
19
UCO Bank
6,833
87.82%
10.54%
1.64%
20
Standard Chartered
6,129
93.42%
6.20%
0.38%
21
The Mehsana Urban Co-Operative Bank Ltd.
5,835
87.32%
12.43%
0.26%
22
Indian Overseas Bank
5,214
83.29%
11.36%
5.35%
23
Federal Bank
4,314
85.95%
13.68%
0.37%
24
Saraswat Bank
4,082
84.66%
7.26%
8.08%
25
Karnataka Bank
3,467
85.52%
11.48%
3.00%
26
Rajkot Nagrik Sahakari Bank Ltd.
3,217
84.99%
14.70%
0.31%
27
DBS BANK LTD
2,908
93.81%
5.98%
0.21%
28
Bandhan Bank
2,671
80.27%
10.18%
9.55%
29
Karur Vysya Bank
2,253
84.55%
14.83%
0.62%
30
South Indian Bank
2,034
90.51%
9.39%
0.10%
31
AU Small Finance bank
1,880
86.76%
7.45%
5.79%
32
HSBC
1,594
93.10%
2.95%
3.95%
33
RBL
1,518
87.35%
12.52%
0.13%
34
Kalupur Commercial Cooperative Bank
1,401
87.37%
11.92%
0.71%
35
Surat People Cooperative Bank
1,308
5.89%
92.89%
1.22%
36
Punjab and Sind Bank
1,305
82.61%
14.79%
2.60%
37
City Union Bank
1,157
89.63%
9.94%
0.43%
38
Tamilnad Mercantile Bank
1,065
81.88%
9.58%
8.54%
39
TJSB
802
83.04%
16.84%
0.12%
40
DCB Bank Ltd
770
84.81%
15.06%
0.13%
41
Jammu and Kashmir Bank
696
71.84%
25.86%
2.30%
42
Equitas Bank
656
83.38%
1.53%
15.09%
43
Svc co-operative bank ltd
625
84.00%
15.04%
0.96%
44
THE AHMEDABAD MERCANTILE CO OP BANK LTD
553
84.09%
9.76%
6.15%
45
Lakshmi Vilas Bank
306
91.50%
0.98%
7.52%
46
Janata Sahakari Bank Ltd. Pune
289
80.28%
19.72%
47
Dhanlaxmi Bank Ltd
213
80.28%
12.68%
7.04%
48
Catholic Syrian Bank
190
80.00%
6.32%
13.68%
49
GP PARSIK BANK
157
94.90%
5.10%
50
Thane Bharat Sahakari Bank Ltd
43
69.77%
23.26%
6.98%
Note:
Cases which are expired (after the specified time limit) have been excluded.
Remarks
Mandate Creation means a transaction where the customer has created a successful
block of amount in the bank account for an IPO application.
UPI IPO Remitter - Mandate Execution (Oct'21)
Sr. No.
Remitter Bank
Total Volume
Approved%
BD%
TD%
1
State Bank Of India
140,213
3.66%
96.34%
0.00%
2
Bank of Baroda
38,583
46.54%
23.99%
29.47%
3
HDFC BANK LTD
35,127
98.74%
0.36%
0.90%
4
ICICI Bank
25,597
99.05%
0.91%
0.04%
5
Axis Bank Ltd.
14,868
97.69%
2.31%
6
Bank of India
8,596
99.29%
0.71%
7
Kotak Mahindra Bank
8,561
99.71%
0.29%
8
Punjab National Bank
6,606
96.82%
2.68%
0.50%
9
Union Bank of India
6,238
97.03%
0.44%
2.53%
10
Canara Bank
4,887
86.15%
13.83%
0.02%
11
IDBI Bank Limited
4,356
99.56%
0.44%
12
Central Bank Of India
3,642
97.58%
0.77%
1.65%
13
UCO Bank
2,053
61.81%
38.19%
14
INDUSIND BANK
1,833
97.87%
2.13%
15
Citibank
1,719
97.96%
1.63%
0.41%
16
Indian Bank
1,655
97.58%
2.36%
0.06%
17
Bank of Maharashtra
1,621
100.00%
18
Yes Bank Ltd
1,618
90.42%
3.03%
6.55%
19
The Mehsana Urban Co-Operative Bank Ltd.
1,600
100.00%
20
IDFC FIRST Bank
1,047
87.87%
0.29%
11.84%
21
Federal Bank
1,023
65.30%
34.70%
22
Standard Chartered
887
99.21%
0.79%
23
Indian Overseas Bank
849
94.94%
5.06%
24
Saraswat Bank
723
98.89%
0.56%
0.55%
25
Rajkot Nagrik Sahakari Bank Ltd.
684
99.71%
0.29%
26
Karnataka Bank
646
99.07%
0.47%
0.46%
27
Kalupur Commercial Cooperative Bank
526
68.06%
31.94%
28
AU Small Finance bank
418
94.98%
5.02%
29
Karur Vysya Bank
409
96.58%
2.44%
0.98%
30
DBS BANK LTD
407
100.00%
31
Bandhan Bank
395
99.75%
0.25%
32
South Indian Bank
364
93.96%
1.92%
4.12%
33
HSBC
348
60.92%
39.08%
34
RBL
294
98.64%
1.36%
35
City Union Bank
280
91.79%
8.21%
36
Tamilnad Mercantile Bank
243
89.71%
3.29%
7.00%
37
Punjab and Sind Bank
203
84.73%
15.27%
38
Svc co-operative bank ltd
184
89.67%
10.33%
39
DCB Bank Ltd
184
80.98%
19.02%
40
TJSB
161
98.76%
1.24%
41
Surat People Cooperative Bank
160
99.38%
0.63%
42
THE AHMEDABAD MERCANTILE CO OP BANK LTD
113
98.23%
1.77%
43
Jammu and Kashmir Bank
96
76.04%
21.88%
2.08%
44
Equitas Bank
82
56.10%
40.24%
3.66%
45
Lakshmi Vilas Bank
71
100.00%
46
Janata Sahakari Bank Ltd. Pune
59
100.00%
47
Corporation Bank
46
93.48%
6.52%
48
Dhanlaxmi Bank Ltd
45
91.11%
8.89%
49
Catholic Syrian Bank
35
100.00%
50
GP PARSIK BANK
28
100.00%
Note:
Mandate execution relate only to IPO applications for which the shares have been allotted.
Business Declines (BD) and Technical Declines (TD) are at the time of online transactions
and such declines are manually processed within 24 hrs to 48 hrs.
Remarks
Mandate Execution means transaction where the customer has applied for an IPO and
has been allotted shares for which the funds are debited from the applicant’s
account.
IPO Banks Performance (Sep'21)
UPI IPO Remitter - Mandate Creation (Sep'21)
Sr. No.
Remitter Bank
Total Volume
Approved%
BD%
TD%
1
State Bank Of India
7,92,367
87.99%
9.88%
2.13%
2
HDFC BANK LTD
4,63,521
93.88%
5.87%
0.25%
3
ICICI Bank
3,38,109
95.16%
4.47%
0.37%
4
Bank of Baroda
2,88,865
87.82%
11.18%
1.00%
5
Axis Bank Ltd.
1,97,613
92.80%
6.63%
0.57%
6
Punjab National Bank
1,23,981
92.52%
6.90%
0.58%
7
Kotak Mahindra Bank
1,22,894
91.94%
5.68%
2.38%
8
Bank of India
1,19,204
93.14%
6.30%
0.56%
9
Union Bank of India
1,00,273
90.17%
8.24%
1.59%
10
Canara Bank
64,554
91.80%
7.52%
0.68%
11
IDBI Bank Limited
59,668
91.57%
6.09%
2.34%
12
Central Bank Of India
52,128
92.61%
6.82%
0.57%
13
INDUSIND BANK
27,104
86.21%
12.47%
1.32%
14
Indian Bank
26,839
88.18%
8.68%
3.14%
15
Bank of Maharashtra
24,045
91.03%
7.79%
1.18%
16
Yes Bank Ltd
23,647
81.94%
14.74%
3.32%
17
Citibank
23,041
94.79%
4.77%
0.44%
18
IDFC FIRST Bank
22,827
76.17%
5.48%
18.35%
19
UCO Bank
19,199
90.44%
7.52%
2.04%
20
The Mehsana Urban Co-Operative Bank Ltd.
16,936
92.04%
7.28%
0.68%
21
Indian Overseas Bank
14,358
88.33%
10.19%
1.48%
22
Standard Chartered
11,789
93.38%
5.55%
1.07%
23
Saraswat Bank
11,219
82.49%
3.65%
13.86%
24
Federal Bank
9,922
89.50%
10.22%
0.28%
25
Karnataka Bank
9,173
84.41%
8.46%
7.13%
26
Rajkot Nagrik Sahakari Bank Ltd.
8,467
94.08%
5.41%
0.51%
27
Bandhan Bank
7,635
78.18%
8.06%
13.76%
28
DBS BANK LTD
7,426
93.33%
4.85%
1.82%
29
Karur Vysya Bank
6,290
82.93%
13.62%
3.45%
30
AU Small Finance bank
5,252
89.41%
4.00%
6.59%
31
South Indian Bank
4,922
89.90%
9.86%
0.24%
32
Kalupur Commercial Cooperative Bank
4,419
91.81%
6.74%
1.45%
33
RBL
3,944
89.43%
10.09%
0.48%
34
Punjab and Sind Bank
3,388
81.52%
10.92%
7.56%
35
Tamilnad Mercantile Bank
3,219
90.71%
4.69%
4.60%
36
HSBC
2,878
93.64%
2.09%
4.27%
37
City Union Bank
2,745
91.18%
8.27%
0.55%
38
TJSB
2,197
84.39%
10.15%
5.46%
39
Svc co-operative bank ltd
2,076
85.79%
13.34%
0.87%
40
Surat People Cooperative Bank
1,944
89.81%
9.68%
0.51%
41
DCB Bank Ltd
1,894
88.17%
11.57%
0.26%
42
THE AHMEDABAD MERCANTILE CO OP BANK LTD
1,520
92.89%
2.77%
4.34%
43
Janata Sahakari Bank Ltd. Pune
1,005
83.98%
11.24%
4.78%
44
Dhanlaxmi Bank Ltd
654
83.33%
2.60%
14.07%
45
Catholic Syrian Bank
493
82.96%
4.06%
12.98%
46
GP PARSIK BANK
416
82.69%
12.02%
5.29%
Note:
Cases which are expired (after the specified time limit) have been excluded.
Remarks
Mandate Creation means a transaction where the customer has created a successful
block of amount in the bank account for an IPO application.
UPI IPO Remitter - Mandate Execution (Sep'21)
Sr. No.
Remitter Bank
Total Volume
Approved%
BD%
TD%
1
State Bank Of India
1,24,874
33.41%
66.34%
0.25%
2
HDFC BANK LTD
53,751
99.60%
0.32%
0.08%
3
Bank of Baroda
47,488
53.75%
46.08%
0.17%
4
ICICI Bank
41,680
96.94%
1.28%
1.78%
5
Axis Bank Ltd.
22,252
97.97%
2.03%
0.00%
6
Punjab National Bank
13,613
97.64%
1.97%
0.39%
7
Kotak Mahindra Bank
12,936
99.57%
0.43%
0.00%
8
Bank of India
12,608
99.71%
0.19%
0.10%
9
Union Bank of India
11,196
98.58%
1.42%
0.00%
10
Canara Bank
7,656
86.74%
13.17%
0.09%
11
IDBI Bank Limited
6,481
99.57%
0.43%
0.00%
12
Central Bank Of India
5,543
97.82%
2.18%
0.00%
13
Citibank
3,105
98.81%
1.10%
0.09%
14
Indian Bank
2,806
97.08%
2.92%
0.00%
15
INDUSIND BANK
2,737
97.15%
2.85%
0.00%
16
UCO Bank
2,665
71.71%
25.89%
2.40%
17
Bank of Maharashtra
2,566
85.31%
0.04%
14.65%
18
Yes Bank Ltd
2,496
95.47%
0.36%
4.17%
19
IDFC FIRST Bank
2,056
98.88%
0.78%
0.34%
20
The Mehsana Urban Co-Operative Bank Ltd.
2,024
99.26%
0.64%
0.10%
21
Indian Overseas Bank
1,581
97.91%
2.09%
0.00%
22
Federal Bank
1,411
71.93%
28.07%
0.00%
23
Standard Chartered
1,397
99.64%
0.36%
0.00%
24
Saraswat Bank
1,020
99.41%
0.59%
0.00%
25
Karnataka Bank
935
97.86%
0.21%
1.93%
26
South Indian Bank
903
43.52%
0.44%
56.04%
27
Rajkot Nagrik Sahakari Bank Ltd.
867
99.42%
0.46%
0.12%
28
DBS BANK LTD
834
97.48%
2.04%
0.48%
29
Bandhan Bank
772
93.26%
5.06%
1.68%
30
Karur Vysya Bank
768
97.27%
2.73%
0.00%
31
HSBC
580
57.24%
0.00%
42.76%
32
AU Small Finance bank
502
99.80%
0.20%
0.00%
33
Tamilnad Mercantile Bank
466
93.35%
0.21%
6.44%
34
Kalupur Commercial Cooperative Bank
430
100.00%
0.00%
0.00%
35
RBL
421
98.10%
1.90%
0.00%
36
City Union Bank
358
94.13%
5.87%
0.00%
37
Svc co-operative bank ltd
337
33.53%
66.17%
0.30%
38
Punjab and Sind Bank
298
93.96%
5.37%
0.67%
39
DCB Bank Ltd
231
96.97%
3.03%
0.00%
40
TJSB
181
96.69%
3.31%
0.00%
41
THE AHMEDABAD MERCANTILE CO OP BANK LTD
174
98.28%
0.00%
1.72%
42
Surat People Cooperative Bank
150
100.00%
0.00%
0.00%
43
Janata Sahakari Bank Ltd. Pune
88
100.00%
0.00%
0.00%
44
Dhanlaxmi Bank Ltd
84
100.00%
0.00%
0.00%
45
Catholic Syrian Bank
52
88.46%
5.77%
5.77%
46
GP PARSIK BANK
27
100.00%
0.00%
0.00%
Note:
Mandate execution relate only to IPO applications for which the shares have been allotted.
Business Declines (BD) and Technical Declines (TD) are at the time of online transactions
and such declines are manually processed within 24 hrs to 48 hrs.
Remarks
Mandate Execution means transaction where the customer has applied for an IPO and
has been allotted shares for which the funds are debited from the applicant’s
account.
IPO Banks Performance (Aug'21)
UPI IPO Remitter - Mandate Creation (Aug'21)
Sr. No.
Remitter Bank
Total Volume
Approved%
BD%
TD%
1
State Bank Of India
14,67,253
88.32%
7.15%
4.53%
2
HDFC BANK LTD
10,09,878
83.29%
6.15%
10.56%
3
ICICI Bank
7,11,593
96.61%
3.27%
0.12%
4
Bank of Baroda
4,84,685
91.55%
7.97%
0.48%
5
Axis Bank Ltd.
3,89,661
94.30%
4.76%
0.94%
6
Punjab National Bank
2,29,263
93.51%
5.34%
1.15%
7
Kotak Mahindra Bank
2,29,079
95.42%
4.36%
0.22%
8
Union Bank of India
2,13,293
62.43%
7.39%
30.18%
9
Bank of India
2,06,823
93.99%
5.02%
0.99%
10
Canara Bank
1,27,512
86.60%
5.86%
7.54%
11
IDBI Bank Limited
1,09,778
94.47%
4.71%
0.82%
12
Central Bank Of India
90,591
93.83%
5.80%
0.37%
13
Citibank
56,507
93.93%
3.23%
2.84%
14
Indian Bank
50,923
83.38%
6.58%
10.04%
15
INDUSIND BANK
50,897
94.35%
5.30%
0.35%
16
Yes Bank Ltd
47,780
80.39%
15.48%
4.13%
17
IDFC FIRST Bank
45,951
88.84%
5.20%
5.96%
18
Bank of Maharashtra
41,140
93.10%
6.41%
0.49%
19
UCO Bank
34,863
90.66%
7.05%
2.29%
20
The Mehsana Urban Co-Operative Bank Ltd.
26,312
91.51%
7.99%
0.50%
21
Standard Chartered
25,953
95.15%
4.23%
0.62%
22
Indian Overseas Bank
24,958
90.81%
8.63%
0.56%
23
Federal Bank
19,591
92.02%
7.61%
0.37%
24
Saraswat Bank
19,508
87.97%
3.13%
8.90%
25
DBS BANK LTD
16,699
94.66%
5.03%
0.31%
26
Karnataka Bank
16,357
89.61%
7.95%
2.44%
27
Rajkot Nagrik Sahakari Bank Ltd.
12,792
95.42%
4.30%
0.28%
28
Bandhan Bank
12,600
88.67%
7.50%
3.83%
29
Karur Vysya Bank
11,437
91.02%
7.54%
1.44%
30
South Indian Bank
9,551
91.91%
8.02%
0.07%
31
AU Small Finance bank
9,271
88.98%
2.27%
8.75%
32
RBL
7,638
93.45%
6.35%
0.20%
33
Kalupur Commercial Cooperative Bank
7,487
91.16%
5.17%
3.67%
34
HSBC
6,634
95.88%
1.41%
2.71%
35
Punjab and Sind Bank
6,475
90.52%
7.00%
2.48%
36
Tamilnad Mercantile Bank
5,238
90.05%
3.69%
6.26%
37
City Union Bank
5,203
93.23%
6.58%
0.19%
38
Svc co-operative bank ltd
3,836
87.38%
12.28%
0.34%
39
DCB Bank Ltd
3,698
89.94%
8.22%
1.84%
40
TJSB
3,544
90.32%
8.81%
0.87%
41
Surat People Cooperative Bank
3,233
88.09%
11.66%
0.25%
42
THE AHMEDABAD MERCANTILE CO OP BANK LTD
2,669
95.50%
2.59%
1.91%
43
Janata Sahakari Bank Ltd. Pune
1,664
90.69%
9.07%
0.24%
44
Dhanlaxmi Bank Ltd
1,099
81.44%
2.46%
16.10%
45
Catholic Syrian Bank
1,009
85.53%
3.77%
10.70%
46
GP PARSIK BANK
679
93.67%
6.19%
0.14%
Note:
Cases which are expired (after the specified time limit) have been excluded.
Remarks
Mandate Creation means a transaction where the customer has created a successful
block of amount in the bank account for an IPO application.
UPI IPO Remitter - Mandate Execution (Aug'21)
Sr. No.
Remitter Bank
Total Volume
Approved%
BD%
TD%
1
State Bank Of India
3,38,875
88.19%
3.49%
8.32%
2
HDFC BANK LTD
2,01,283
95.35%
3.97%
0.68%
3
ICICI Bank
1,61,292
96.88%
3.11%
0.01%
4
Bank of Baroda
1,40,289
50.64%
48.16%
1.20%
5
Axis Bank Ltd.
86,618
98.64%
1.26%
0.10%
6
Punjab National Bank
58,726
70.93%
4.45%
24.62%
7
Kotak Mahindra Bank
52,120
95.86%
4.14%
0.00%
8
Bank of India
49,426
95.41%
3.30%
1.29%
9
Union Bank of India
36,293
34.87%
65.11%
0.02%
10
Canara Bank
27,142
87.76%
12.10%
0.14%
11
IDBI Bank Limited
25,180
74.17%
25.50%
0.33%
12
Central Bank Of India
20,931
89.73%
9.40%
0.87%
13
Citibank
11,953
98.85%
1.13%
0.02%
14
INDUSIND BANK
11,642
95.48%
4.38%
0.14%
15
Yes Bank Ltd
10,465
89.14%
1.09%
9.77%
16
Indian Bank
10,217
94.44%
5.56%
0.00%
17
IDFC FIRST Bank
8,769
82.89%
17.03%
0.08%
18
Bank of Maharashtra
8,567
98.67%
1.02%
0.31%
19
UCO Bank
8,419
78.42%
18.08%
3.50%
20
The Mehsana Urban Co-Operative Bank Ltd.
7,127
90.71%
0.07%
9.22%
21
Standard Chartered
5,467
98.19%
1.81%
0.00%
22
Indian Overseas Bank
5,363
97.69%
2.31%
0.00%
23
Federal Bank
4,304
89.13%
10.87%
0.00%
24
Saraswat Bank
3,829
99.27%
0.71%
0.02%
25
Rajkot Nagrik Sahakari Bank Ltd.
3,774
93.67%
2.86%
3.47%
26
Karnataka Bank
3,164
98.80%
0.95%
0.25%
27
Bandhan Bank
2,786
95.62%
3.27%
1.11%
28
Karur Vysya Bank
2,680
83.25%
16.16%
0.59%
29
DBS BANK LTD
2,649
97.51%
2.34%
0.15%
30
Kalupur Commercial Cooperative Bank
2,267
47.02%
52.32%
0.66%
31
South Indian Bank
2,237
90.79%
7.51%
1.70%
32
AU Small Finance bank
1,953
92.32%
7.63%
0.05%
33
HSBC
1,819
58.93%
0.00%
41.07%
34
RBL
1,656
96.98%
3.02%
0.00%
35
Punjab and Sind Bank
1,573
80.36%
4.64%
15.00%
36
Tamilnad Mercantile Bank
1,269
81.80%
1.10%
17.10%
37
City Union Bank
1,124
96.09%
3.91%
0.00%
38
Svc co-operative bank ltd
1,027
21.62%
78.29%
0.09%
39
DCB Bank Ltd
879
89.53%
10.47%
0.00%
40
Surat People Cooperative Bank
771
99.48%
0.39%
0.13%
41
THE AHMEDABAD MERCANTILE CO OP BANK LTD
713
95.09%
4.21%
0.70%
42
TJSB
676
96.45%
3.55%
0.00%
43
Janata Sahakari Bank Ltd. Pune
343
97.67%
2.33%
0.00%
44
Catholic Syrian Bank
202
98.02%
1.98%
0.00%
45
Dhanlaxmi Bank Ltd
200
98.50%
1.50%
0.00%
46
GP PARSIK BANK
144
95.14%
4.86%
0.00%
Note:
Mandate execution relate only to IPO applications for which the shares have been allotted.
Business Declines (BD) and Technical Declines (TD) are at the time of online transactions
and such declines are manually processed within 24 hrs to 48 hrs.
Remarks
Mandate Execution means transaction where the customer has applied for an IPO and
has been allotted shares for which the funds are debited from the applicant’s
account.
IPO Banks Performance (Jul'21)
UPI IPO Remitter - Mandate Creation (Jul'21)
Sr. No.
Remitter Bank
Total Volume
Approved%
BD%
TD%
1
State Bank Of India
19,18,738
87.98%
10.81%
1.21%
2
HDFC BANK LTD
13,00,345
88.29%
7.60%
4.11%
3
ICICI Bank
9,30,423
94.96%
4.96%
0.08%
4
Bank of Baroda
6,36,907
86.91%
12.56%
0.53%
5
Axis Bank Ltd.
5,03,810
92.38%
7.49%
0.13%
6
Kotak Mahindra Bank
3,15,302
93.99%
5.96%
0.05%
7
Punjab National Bank
3,01,336
91.77%
8.08%
0.15%
8
Bank of India
2,77,906
90.71%
7.71%
1.58%
9
Union Bank of India
2,53,200
85.72%
9.03%
5.25%
10
Canara Bank
1,64,810
88.14%
11.31%
0.55%
11
IDBI Bank Limited
1,46,354
92.76%
7.10%
0.14%
12
Central Bank Of India
1,21,644
91.48%
8.15%
0.37%
13
Indian Bank
76,941
73.24%
9.34%
17.42%
14
Citibank
75,423
94.68%
5.19%
0.13%
15
INDUSIND BANK
67,640
87.38%
8.31%
4.31%
16
Bank of Maharashtra
61,144
89.39%
9.10%
1.51%
17
Yes Bank Ltd
60,461
84.91%
14.14%
0.95%
18
IDFC FIRST Bank
54,569
85.60%
7.26%
7.14%
19
UCO Bank
47,783
89.05%
8.92%
2.03%
20
Standard Chartered
36,355
93.32%
6.23%
0.45%
21
Indian Overseas Bank
36,255
87.91%
9.00%
3.09%
22
Saraswat Bank
29,124
83.87%
5.91%
10.22%
23
The Mehsana Urban Co-Operative Bank Ltd.
28,055
91.00%
8.84%
0.16%
24
Federal Bank
27,338
88.01%
11.96%
0.03%
25
Karnataka Bank
23,710
86.45%
9.74%
3.81%
26
DBS BANK LTD
23,434
92.40%
5.37%
2.23%
27
Bandhan Bank
17,237
86.00%
9.83%
4.17%
28
Rajkot Nagrik Sahakari Bank Ltd.
15,334
91.67%
8.26%
0.07%
29
Karur Vysya Bank
15,044
88.08%
10.77%
1.15%
30
South Indian Bank
13,040
89.69%
9.43%
0.88%
31
RBL
10,208
86.41%
10.45%
3.14%
32
HSBC
9,307
90.25%
2.52%
7.23%
33
AU Small Finance bank
9,241
87.11%
4.45%
8.44%
34
Kalupur Commercial Cooperative Bank
8,727
88.04%
10.71%
1.25%
35
Punjab and Sind Bank
7,663
91.48%
8.33%
0.19%
36
City Union Bank
7,512
89.12%
10.37%
0.51%
37
Tamilnad Mercantile Bank
6,475
89.05%
5.03%
5.92%
38
TJSB
5,411
88.28%
10.37%
1.35%
39
Svc co-operative bank ltd
5,394
85.58%
13.72%
0.70%
40
DCB Bank Ltd
4,987
84.78%
14.44%
0.78%
41
Surat People Cooperative Bank
4,171
86.77%
11.89%
1.34%
42
THE AHMEDABAD MERCANTILE CO OP BANK LTD
3,663
79.58%
5.79%
14.63%
43
Janata Sahakari Bank Ltd. Pune
2,357
89.99%
9.38%
0.63%
44
Dhanlaxmi Bank Ltd
1,540
83.64%
3.64%
12.72%
45
Catholic Syrian Bank
1,244
87.30%
4.42%
8.28%
46
GP PARSIK BANK
937
91.89%
7.68%
0.43%
Note:
Cases which are expired (after the specified time limit) have been excluded.
Remarks
Mandate Creation means a transaction where the customer has created a successful
block of amount in the bank account for an IPO application.
UPI IPO Remitter - Mandate Execution (Jul'21)
Sr. No.
Remitter Bank
Total Volume
Approved%
BD%
TD%
1
State Bank Of India
1,25,757
92.58%
6.65%
0.77%
2
HDFC BANK LTD
96,507
97.27%
2.41%
0.32%
3
ICICI Bank
73,158
97.76%
2.09%
0.15%
4
Bank of Baroda
40,420
89.72%
1.94%
8.34%
5
Axis Bank Ltd.
36,968
99.17%
0.77%
0.06%
6
Kotak Mahindra Bank
22,115
97.23%
1.48%
1.29%
7
Punjab National Bank
19,659
96.59%
3.19%
0.22%
8
Bank of India
18,859
97.44%
2.17%
0.39%
9
Union Bank of India
16,583
96.32%
2.65%
1.03%
10
Canara Bank
10,914
93.31%
6.26%
0.43%
11
IDBI Bank Limited
10,574
97.20%
2.72%
0.08%
12
Central Bank Of India
8,366
97.87%
2.08%
0.05%
13
Citibank
6,407
98.35%
1.59%
0.06%
14
INDUSIND BANK
4,315
92.98%
2.85%
4.17%
15
Bank of Maharashtra
4,195
98.64%
1.29%
0.07%
16
Indian Bank
4,112
92.27%
1.63%
6.10%
17
Yes Bank Ltd
4,021
97.79%
0.52%
1.69%
18
IDFC FIRST Bank
3,467
95.70%
2.34%
1.96%
19
UCO Bank
3,102
89.97%
2.04%
7.99%
20
Standard Chartered
2,855
98.28%
1.54%
0.18%
21
Indian Overseas Bank
2,374
89.89%
3.62%
6.49%
22
Federal Bank
1,874
98.03%
1.87%
0.10%
23
Saraswat Bank
1,869
99.04%
0.91%
0.05%
24
The Mehsana Urban Co-Operative Bank Ltd.
1,810
98.51%
1.44%
0.05%
25
Karnataka Bank
1,467
88.48%
0.82%
10.70%
26
DBS BANK LTD
1,276
95.85%
1.72%
2.43%
27
Rajkot Nagrik Sahakari Bank Ltd.
1,114
96.23%
3.59%
0.18%
28
Bandhan Bank
1,100
97.45%
2.28%
0.27%
29
Karur Vysya Bank
970
95.88%
2.37%
1.75%
30
South Indian Bank
958
95.09%
4.81%
0.10%
31
HSBC
740
91.49%
0.68%
7.83%
32
RBL
685
97.52%
1.31%
1.17%
33
Punjab and Sind Bank
534
96.25%
3.56%
0.19%
34
City Union Bank
520
98.46%
1.54%
0.00%
35
AU Small Finance bank
509
94.30%
4.91%
0.79%
36
Kalupur Commercial Cooperative Bank
508
87.60%
1.57%
10.83%
37
Tamilnad Mercantile Bank
423
92.43%
3.79%
3.78%
38
TJSB
350
95.14%
1.72%
3.14%
39
Svc co-operative bank ltd
311
51.13%
48.55%
0.32%
40
DCB Bank Ltd
295
97.29%
2.71%
0.00%
41
Surat People Cooperative Bank
245
99.59%
0.00%
0.41%
42
THE AHMEDABAD MERCANTILE CO OP BANK LTD
220
59.09%
38.18%
2.73%
43
Janata Sahakari Bank Ltd. Pune
160
99.38%
0.62%
0.00%
44
Dhanlaxmi Bank Ltd
100
96.00%
4.00%
0.00%
45
Catholic Syrian Bank
89
92.13%
1.13%
6.74%
46
GP PARSIK BANK
58
100.00%
0.00%
0.00%
Note:
Mandate execution relate only to IPO applications for which the shares have been allotted.
Business Declines (BD) and Technical Declines (TD) are at the time of online transactions
and such declines are manually processed within 24 hrs to 48 hrs.
Remarks
Mandate Execution means transaction where the customer has applied for an IPO and
has been allotted shares for which the funds are debited from the applicant’s
account.