Equitas Small Finance Bank Ltd IPO
Mainboard₹14,850 / 450 Shares
IPO Live Subscription Details
| Category | Subscription (Times) |
|---|---|
| Date | 2020-10-22 17:00:00 |
| QIBs | 3.91 |
| NII | 0.22 |
| Retail | 2.08 times |
| Employee | 1.84 times |
| Total | 1.95 times |
Equitas Small Finance Bank Ltd IPO Details
The Equitas Small Finance Bank Ltd IPO price band is set between ₹32 to ₹33 per equity shareShareholder Discount: ₹0Employee Discount: ₹0, with a face value of ₹10 per share. The issue is managed by KFintech Private Limited, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 20 Oct, 2020 and closes on 22 Oct, 2020. Investors can check the allotment status on 28 Oct, 2020, while the listing date is tentatively scheduled for 2 Nov, 2020.
The total issue size is Total Equity Shares 15,68,48,485 of Rs 10/- at price of Rs 32/- to Rs 33/- with aggregating up to Rs 517.6/- CrFresh Issue: 8,48,48,485 Equity Shares of Rs 10/- at price of Rs 32/- to Rs 32/- with aggregating up to Rs 280/- CrOffer for Sale: 7,20,00,000 E, aggregating up to . Stay tuned for the latest Equitas Small Finance Bank Ltd IPO review and GMP updates.
Equitas Small Finance Bank Ltd IPO Review, Rating & Analysis
Equitas Small Finance Bank Ltd IPO Review
NO REVIEWEquitas Small Finance Bank Ltd IPO Rating
Equitas Small Finance Bank Ltd IPO Highlights
IPO Date
Oct 20, 2020 - Oct 22, 2020
Listing Date
2 Nov, 2020
Face Value
₹10 Per Equity Share
Price Band
₹32 to ₹33 per equity shareShareholder Discount: ₹0Employee Discount: ₹0
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
Equitas Small Finance Bank Ltd IPO Timeline
Issue Price
₹32 to ₹33 per equity shareShareholder Discount: ₹0Employee Discount: ₹0Face Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
KFintech Private LimitedLead Manager
Edelweiss Financial Services LtdIIFL Holdings LimitedJM Financial Consultants Private LimitedIssue Size
Total Equity Shares 15,68,48,485 of Rs 10/- at price of Rs 32/- to Rs 33/- with aggregating up to Rs 517.6/- CrFresh Issue: 8,48,48,485 Equity Shares of Rs 10/- at price of Rs 32/- to Rs 32/- with aggregating up to Rs 280/- CrOffer for Sale: 7,20,00,000 EEquitas Small Finance Bank Ltd IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Jun 20 | 20892.13 | 750.96 | 57.67 | - | - | - |
| 31 Mar 20 | 19314.54 | 2927.79 | 243.63 | - | - | - |
| 31 Mar 19 | 15762.69 | 2394.83 | 210.56 | - | - | - |
| 31 Mar 18 | 13301.15 | 1772.90 | 3183 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Equitas Holdings Limited
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| N/A | N/A |
About Company
Equitas Small Finance Bank is a small finance bank founded in 2007 by Equitas as a microfinance lender, with headquarters in Chennai, India. After receiving a license from the Reserve Bank of India on 30 June 2016, Equitas began banking on 5 September 2016 as a subsidiary of holding company Equitas Holdings Ltd. With effect from 4 February 2017, Equitas became a scheduled bank.
Frequently Asked Questions about Equitas Small Finance Bank Ltd IPO IPO
When will Equitas Small Finance Bank Ltd IPO open for subscription?
The Equitas Small Finance Bank Ltd IPO opens on 20 Oct, 2020 and closes on 22 Oct, 2020.
What is the investors portion for Equitas Small Finance Bank Ltd IPO?
The investors' portion for QIB is N/A%, NII is N/A%, and Retail is N/A%.
How to apply for Equitas Small Finance Bank Ltd IPO?
You can apply for Equitas Small Finance Bank Ltd IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Equitas Small Finance Bank Ltd IPO?
The issue size of Equitas Small Finance Bank Ltd IPO is approx ₹Total Equity Shares 15,68,48,485 of Rs 10/- at price of Rs 32/- to Rs 33/- with aggregating up to Rs 517.6/- CrFresh Issue: 8,48,48,485 Equity Shares of Rs 10/- at price of Rs 32/- to Rs 32/- with aggregating up to Rs 280/- CrOffer for Sale: 7,20,00,000 E crores.
What is the price band of Equitas Small Finance Bank Ltd IPO?
The price band for Equitas Small Finance Bank Ltd IPO is ₹32 to ₹33 per equity shareShareholder Discount: ₹0Employee Discount: ₹0 to ₹undefined.
What is the lot size of Equitas Small Finance Bank Ltd IPO?
The minimum bid (lot size) for Equitas Small Finance Bank Ltd IPO is N/A shares with an investment of approx ₹14,850 .
What is the allotment date of Equitas Small Finance Bank Ltd IPO?
The allotment date for Equitas Small Finance Bank Ltd IPO is 28 Oct, 2020.
What is the listing date of Equitas Small Finance Bank Ltd IPO?
The listing date for Equitas Small Finance Bank Ltd IPO is expected to be 2 Nov, 2020.
What is the GMP of Equitas Small Finance Bank Ltd IPO?
The latest Grey Market Premium (GMP) for Equitas Small Finance Bank Ltd IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.