IPO

Capital Small Finance Bank Limited IPO

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Other Bank

Listed On: Feb 14, 2024 at ₹ 430.25(NSE)

₹ 14976 /32 Shares

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Price Summary

Last Closing

284.00 (-39.32%)

52 Week High

469.00

52 Week Low

279.00

Last Update

22-Nov-2024 3:30 PM

Capital Small Finance Bank Limited IPO Details

07 Feb, 2024

Open Date

09 Feb, 2024

Close Date

12 Feb, 2024

Allotment Date

14 Feb, 2024

Listing Date

Issue Price

₹445-468 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Link Intime India Private Ltd

List Price

430.25(NSE)

Listing Date

2024-02-14

Market Lot

Retail : 32 Shares (₹14,976/-)
S-HNI : 448 Shares (₹2,09,664/-)
B-HNI : 2,144 Shares (₹10,03,392/-)

Lead Manager

Nuvama Wealth Management Limited
Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd)
Equirus Capital Private Limited

Issue Size

Total ₹523.07 Cr :
#Fresh Issue : 9,615,384 shares(aggregating up to ₹450.00 Cr) +
#OFS : 1,561,329 shares of ₹10(aggregating up to ₹73.07 Cr)

Retail Portion

35% (Number of Retail Applications: 1,22,245 Approx),
(Number of S-HNI Applications : 1,247 Approx),
(Number of B-HNI Applications : 2,495 Approx)

Subscription

4.17 times

IPO Docs

DRHP RHP ANCHOR

Capital Small Finance Bank Limited IPO Subscription Details

As onQIBNII
bNII   sNII		RetailTotal
Shares Offered / Reserved2,235,3431,676,507
1,117,671    558,836		3,911,8507,823,700
Day 1 - 07-02-24 05:00 PM0.29 x0.38
0.27 x   0.59 x		0.67 x0.50 x
Day 2 - 08-02-24 05:00 PM1.06 x1.03
0.79 x   1.51 x		1.33 x1.19 x
Day 3 - 09-02-24 05:00 PM6.86 x4.23
3.63 x   5.43 x		2.60 x4.17 x
Total No. of Applications: 267,697 (Approx)

Capital Small Finance Bank Limited Valuations

EPS Pre IPO

₹26.48/-

EPS Post IPO

₹34.19/-

P/E Pre IPO

17.68

P/E Post IPO

19.35

RoNW

15.33%

Capital Small Finance Bank Limited Company Financials All values are in ₹ Cr.

31-Mar-2331-Mar-2231-Mar-21
Assets7,990.777,153.926,371.24
Revenue725.48632.40557.27
Profit After Tax93.6062.5740.78

About The Company

Capital Small Finance Bank Limited is a a small finance bank. In 2015, Capital SFB became the first non-NBFC microfinance entity to receive the SFB license. The company has a strong presence in semi-urban and rural areas with a branch-based operating model.

Capital Small Finance Bank targets middle-income customer segments with an annual income of ₹0.4-5 million. They aim to be the primary banker for these customers through a mix of product offerings, customer service, physical branches, and digital channels.

Capital Small Finance Bank is headquartered in Jalandhar, Punjab and has strategically expanded its SFB operations in northern states of India such as Punjab, Haryana, Rajasthan, Delhi, Himachal Pradesh and UT Chandigarh.

As of June 30, 2023, Capital Small Finance Bank had a presence in five states and one union territory, with a total of 172 branches and 174 ATMs. The bank's branches were predominantly located in rural and semi-urban areas, covering 24 districts, and serving approximately 75.90% of the total customers, both in terms of credit and deposits. This suggests that the bank has a well-defined niche catering to the middle-income group, with a special emphasis on rural and semi-urban areas.

As of March 31 and June 30, 2023, respectively, 99.82% and 99.84% of the bank's loan book was secured, with 85.16% and 84.66% of loans secured by immovable properties.

The average ticket size of Capital Small Finance Bank agriculture, MSME and trading, and mortgage lending products as of March 31, 2023, were ₹ 1.23 million, ₹ 1.82 million, and ₹ 1.16 million respectively.

As of June 30th, 2023, Capital Small Finance Bank has a total of 1827 employees working for the organization.

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Capital Small Finance Bank Limited - Promoter(s)

Pre Issue Share Holding: N/A%

Post Issue Share Holding: N/A%

Company Promoter(s)

  1. Sarvjit Singh Samra
  2. Amarjit Singh Samra
  3. Navneet Kaur Samra
  4. Surinder Kaur Samra
  5. Dinesh Gupta

Capital Small Finance Bank Limited IPO - Issue Objectives

  1. The Bank proposes to utilize the Net Proceeds from the Fresh Issue towards augmenting our Bank's Tier-I capital base to meet the Bank's future capital requirements. Further, the proceeds from the Fresh Issue will also be used towards meeting the expenses in relation to the Offer. The Bank expects to receive the benefits of listing the Equity Shares on the Stock Exchanges.

Capital Small Finance Bank Limited IPO - Anchor Investors

Capital Small Finance Bank IPO: Anchor investors buy Rs 157 cr worth shares ahead of February 7 opening.

Institutional investors that participated in the anchor book included Nippon Life India, Ashoka India Equity Investment Trust, Whiteoak Capital, Edelweiss Tokio Life Insurance, 360 ONE Mutual Fund, Ananta Capital Ventures Fund, HDFC Life Insurance Company, ICICI Prudential Life Insurance Company, Kotak Mahindra Life Insurance Company, SBI General Insurance Company, and LC Pharos Multi Strategy Fund.

Capital Small Finance Bank Limited IPO - FAQs

Ans. Capital Small Finance Bank Limited IPO is a Mainboard IPO. The issue is priced at ₹445-468 per equity share. The minimum order quantity is 32 Shares. The IPO opens on Feb 7, 2024, and closes on Feb 9, 2024. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Ans. The Capital Small Finance Bank Limited IPO opens on Feb 7, 2024 and closes on Feb 9, 2024.

Ans. The size of Capital Small Finance Bank Limited IPO is Total ₹523.07 Cr : #Fresh Issue : 9,615,384 shares(aggregating up to ₹450.00 Cr) + #OFS : 1,561,329 shares of ₹10(aggregating up to ₹73.07 Cr).

Ans. The IPO price band is set between ₹445-468 per equity share.

Ans. To apply for Capital Small Finance Bank Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find Capital Small Finance Bank Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of Capital Small Finance Bank Limited IPO is Feb 12, 2024.

Ans. The Capital Small Finance Bank Limited IPO will be listed on Feb 14, 2024.

Ans. Follow the steps to check the allotment status for Capital Small Finance Bank Limited IPO here.