Suryoday Small Finance Bank
Mainboard₹14,945 / 49 Shares
Suryoday Small Finance Bank IPO Details
The Suryoday Small Finance Bank IPO price band is set between ₹303-305 per equity share, 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 17 Mar, 2021 and closes on 19 Mar, 2021. Investors can check the allotment status on 24 Mar, 2021, while the listing date is tentatively scheduled for 26 Mar, 2021.
The total issue size is Total Equity Shares 1,90,93,070 of ₹ 10/- at price of ₹ 303/- to ₹ 305/- with aggregating up to ₹ 582.34/- Cr# Fresh Issue of 81,50,000 Equity Shares of ₹ 10/- at price of ₹ 303/- to ₹ 305/- with aggregating up to ₹ 248.58/- Cr# Offer for Sale of 1,09,43,, aggregating up to . Stay tuned for the latest Suryoday Small Finance Bank IPO review and GMP updates.
Suryoday Small Finance Bank IPO Review, Rating & Analysis
Suryoday Small Finance Bank IPO Review
NO REVIEWSuryoday Small Finance Bank IPO Rating
Suryoday Small Finance Bank IPO Highlights
IPO Date
Mar 17, 2021 - Mar 19, 2021
Listing Date
26 Mar, 2021
Face Value
10 Per Equity Share
Price Band
₹303-305 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
Suryoday Small Finance Bank IPO Lot Size
The minimum market lot for Suryoday Small Finance Bank IPO is 49 shares with an application amount of ₹14,945. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 49 | ₹14,945 |
| Retail (Max) | 13 | 637 | ₹1,94,285 |
| S-HNI (Min) | 14 | 686 | ₹2,09,230 |
| S-HNI (Max) | 66 | 3234 | ₹9,86,370 |
| B-HNI (Min) | 67 | 3283 | ₹10,01,315 |
Suryoday Small Finance Bank IPO Timeline
Issue Price
₹303-305 per equity shareFace Value
10 Per Equity ShareListing at Group
BSE, NSERegistrar
KFintech Private LimitedLead Manager
Axis Capital Limited, ICICI Securities Limited, IIFL Holdings Limited, SBI Capital Markets LimitedIssue Size
Total Equity Shares 1,90,93,070 of ₹ 10/- at price of ₹ 303/- to ₹ 305/- with aggregating up to ₹ 582.34/- Cr# Fresh Issue of 81,50,000 Equity Shares of ₹ 10/- at price of ₹ 303/- to ₹ 305/- with aggregating up to ₹ 248.58/- Cr# Offer for Sale of 1,09,43,Suryoday Small Finance Bank IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Dec 20 | 6350.40 | 689.27 | 54.86 | - | - | - |
| 31 Mar 20 | 5364.52 | 854.13 | 111.19 | - | - | - |
| 31 Mar 19 | 3761.20 | 597.02 | 90.39 | - | - | - |
| 31 Mar 18 | 2155.96 | 324.92 | 11.49 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Baskar Babu Ramachandran
- P. Surendra Pai
- P. S. Jagdish
- G. V. Alankara
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 30.35% | 28.02% |
About Company
Incorporated in 2008, Suryoday Small Finance Bank Ltd is a leading Small Finance Bank(SFB) in India. The company started offering SFB services in 2017. They serve customers in the unbanked and underbanked segments. Before SBF, the company operated as an NBFC. As of July 31, 2020, the company had 482 Banking Outlets and had a customer base of 14.3 lakh. The company operates predominantly in urban and semi-urban locations.
Frequently Asked Questions about Suryoday Small Finance Bank IPO
When will Suryoday Small Finance Bank IPO open for subscription?
The Suryoday Small Finance Bank IPO opens on 17 Mar, 2021 and closes on 19 Mar, 2021.
What is the investors portion for Suryoday Small Finance Bank IPO?
The investors' portion for QIB is N/A%, NII is N/A%, and Retail is N/A%.
How to apply for Suryoday Small Finance Bank IPO?
You can apply for Suryoday Small Finance Bank 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 Suryoday Small Finance Bank IPO?
The issue size of Suryoday Small Finance Bank IPO is approx ₹Total Equity Shares 1,90,93,070 of ₹ 10/- at price of ₹ 303/- to ₹ 305/- with aggregating up to ₹ 582.34/- Cr# Fresh Issue of 81,50,000 Equity Shares of ₹ 10/- at price of ₹ 303/- to ₹ 305/- with aggregating up to ₹ 248.58/- Cr# Offer for Sale of 1,09,43, crores.
What is the price band of Suryoday Small Finance Bank IPO?
The price band for Suryoday Small Finance Bank IPO is ₹303 to ₹305 per equity share.
What is the lot size of Suryoday Small Finance Bank IPO?
The minimum bid (lot size) for Suryoday Small Finance Bank IPO is N/A shares with an investment of approx ₹14,945 .
What is the allotment date of Suryoday Small Finance Bank IPO?
The allotment date for Suryoday Small Finance Bank IPO is 24 Mar, 2021.
What is the listing date of Suryoday Small Finance Bank IPO?
The listing date for Suryoday Small Finance Bank IPO is expected to be 26 Mar, 2021.
What is the GMP of Suryoday Small Finance Bank IPO?
The latest Grey Market Premium (GMP) for Suryoday Small Finance Bank 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.