Equitas Small Finance Bank Ltd IPO

Equitas Small Finance Bank Ltd IPO Details, Financials, Subscription Status, GMP & More.

Equitas Small Finance Bank Ltd Logo
Equitas Small Finance Bank Ltd IPO Details & Company Portfolio / Business Model: Incorporated in 1993, Chennai based Equitas Small Finance Bank Ltd (ESFBL) was the largest small finance bank in India in Fiscal 2019 considering banking outlets and the 2nd largest small finance bank considering assets under management and total deposits. Unlike other microfinance companies, it has a diversified loan portfolio and less dependence on microfinance business. With the main focus on financially unserved and underserved customers, the bank offers a wide range of banking products and services.
You can even check more Equitas Small Finance Bank Ltd IPO’s latest news from this portal. Our aim is to keep you up to date on Upcoming IPO information.

Equitas Small Finance Bank IPO Details

IPO Opening Date Oct 20, 2020
IPO Closing Date Oct 22, 2020
Type Of Issue Book Built Issue IPO
Current Face Value ₹10 per equity share
IPO Price ₹32 to ₹33 per equity share
Market Lot Size 450 Shares
Minimum Order Quantity 450 Shares
Will Be Listed At BSE, NSE
Issue Size [.] Eq Shares of ₹10
(aggregating up to ₹517.60 Cr)
Fresh Issue [.] Eq Shares of ₹10
(aggregating up to ₹280.00 Cr)
Offer for Sale 72,000,000 Eq Shares of ₹10
(aggregating up to ₹237.60 Cr)
Retail Discount ?0
Employee Discount ?0

Equitas Small Finance Bank Ltd IPO Prospectus

This post shows all information about Equitas Small Finance Bank Ltd IPO. You can check more detailed information like financial reports of this IPO and more information about the promoter holdings from this page itself.

Company Financial Reports

Summary of financial Information (Restated)

Year/Period (Rs in Million)
30-Jun-20 31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 208,921.39 193,145.47 157,626.91 133,011.50
Total Revenue 7,509.68 29,277.95 23,948.32 17,729.03
Profit After Tax 576.71 2,436.35 2,105.66 318.31

With the help of the above information, you can figure out company performance over the last few years. You can identify if the company is making profits or losses.

Equitas Small Finance Bank IPO Timetable

The Equitas Small Finance Bank IPO open date is Oct 20, 2020, and the close date is Oct 22, 2020. The issue may list on Nov 2, 2020.

IPO Open Date Oct 20, 2020
IPO Close Date Oct 22, 2020
Basis of Allotment Date Oct 27, 2020
Initiation of Refunds Oct 28, 2020
The credit of Shares to Demat Account Oct 29, 2020
IPO Listing Date Nov 2, 2020

This table is essential as it provides you the complete information about the upcoming IPO’s lot size, several shares, and the minimum amount required to apply for this IPO.

Equitas Small Finance Bank IPO Lot Size

The Equitas Small Finance Bank IPO market lot size is 450 shares. A retail-individual investor can apply for up to 13 lots (5850 shares or ₹193,050).

Application Lots Shares Amount (Cut-off)
Minimum 1 450 ₹14,850
Maximum 13 5850 ₹193,050

Company Promoters & Holding

Equitas Holdings Limited is the promoter of the company.

Company Promoters play a vital role in any company’s success. That’s you need a clear idea about who are the promoters behind this company. You can even check the names given below for a better idea.

Company Registrar & Address

Equitas Small Finance Bank IPO Registrar:

KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://karisma.kfintech.com/

You can also check the company contact information given below, with the help of this information you can communicate with the company easily.

Company Contact Information:

Equitas Small Finance Bank Ltd
4th Floor, Phase II, Spencer Plaza, No. 769,
Mount Road, Anna Salai, Chennai 600 002,
Tamil Nadu, India
Phone: +91 44 4299 5000
Email: [email protected]
Website: https://www.equitasbank.com/

This is the complete information about the Equitas Small Finance Bank Ltd IPO. If you have any queries/questions regarding any information provided above then feel free to contact us anytime or leave a comment below.

Equitas Small Finance Bank Ltd IPO Subscription Status

Day 1 (times) Day 2 (times) Day 3 (times) Day 4 (times)
QIB 0.00 0.00 0.00 0.00
NII 0.00 0.00 0.00 0.00
Retail 0.00 0.00 0.00 0.00
Total 0.00 0.00 0.00 0.00

Equitas Small Finance Bank Ltd IPO Subscription Status will be updated in the table regularly. Keep visiting this page to get daily latest IPO subscription updates. If this table is not updated then you can request the updates by commenting below. (Updated Frequently)

GMP (Grey Market Premium)

We are here to provide you with detailed information about the current GMP OF IPO from this page itself. Just be with us and request updates about the IPO Grey Market Premium.

Leave a Comment