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RBL Bank Employees hit the Jackpot

The public issue of RBL Bank  opens between 19 August,2016-23 August, 2016 with a price band between 224-225 Rs/share.

RBL Bank has a very generous ESOP program which can issue Stock Options upto 12 % of the Bank’s Equity.

As such,employees are keenly awaiting the listing as it will convert many of them into multimillionaires

Some key employees who will be laughing all the way to the Bank (literally !) are:

Name of Employee # Of Options Granted # Of Options Exercised # Of Options Outstanding Value (In Crores)
Vishwavir Ahuja 5,252,900 3,021,670 2,231,230 118.19
Rajeev Ahuja 3,502,900 1,927,670 1,575,230 78.82
Shanta Vallury 1,271,900 753,130 518,770 28.62
Naresh Karia 1,028,400 553,730 474,670 23.14
R Gurumurthy 1,852,250 1,071,065 781,185 41.68
Joginder Singh Rana 970,650 790,895 179,755 21.84
Andrew Gracias 1,851,650 820,495 1,031,155 41.66
Manoj Rawat 802,150 297,425 504,725 18.05
Satish Dhawan 646,650 389,195 257,455 14.55
Sandeep Thapliyal 796,100 586,700 209,400 17.91
Surinder Chawla 886,100 484,200 401,900 19.94
Sanjay Sharma 426,100 189,200 236,900 9.59
Harjeet Toor 951,100 352,700 598,400 21.40
Rana Vikram Anand 750,000 381,300 368,700 16.88
Sunny Uberai 460,500 186,500 274,000 10.36
Rajeev Dewal 225,500 20,000 205,500 5.07
Amareesh Gulati 700,500 150,000 550,500 15.76
Neeta Mukerji 650,000 0 650,000 14.63
Brijesh Mehra 1,000,000 0 1,000,000 22.50
Vinay Tripathi 54,000 20,260 33,740 1.22

What were you doing when RBL Bank was recruiting?

2 replies on “RBL Bank Employees hit the Jackpot”

Isn’t exercise price important ? Value may be 118cr, but profit might be 50cr only

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