Capital Small Finance Bank Limited IPO
MainboardOther Bank
Offer Date Coming Soon
₹ 14976 /32 Shares
Price Summary
Last Closing
295.00 (-36.97%)52 Week High
370.7052 Week Low
250.00Last Update
23-May-2025 3:30 PM07 Feb, 2024
Open Date09 Feb, 2024
Close Date12 Feb, 2024
Allotment Date14 Feb, 2024
Listing DateIssue Price
₹445-468 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Link Intime India Private LtdList Price
430.25(NSE)Listing Date
2024-02-14Market 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 LimitedDam 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
timesCapital Small Finance Bank Limited IPO Details
Capital Small Finance Bank Limited IPO is a book-built issue of ₹523.07 crores, The total issue size is ₹523.07 crores. The IPO of Capital Small Finance Bank Limited is priced at ₹445-468 per equity share, which has a face value of ₹10 Per Equity Share each, IPO bidding starts from Feb 7, 2024 and ends on Feb 9, 2024. The allotment for Capital Small Finance Bank Limited IPO will be finalized on Feb 12, 2024. Capital Small Finance Bank Limited IPO will be listed on BSE, NSE, with a tentative listing date fixed as Feb 14, 2024. The company shall list its equity shares on the BSE, NSE. Link Intime India Private Ltd is the registrar of the issue.
Retail investors can bid for a minimum of 32 shares, extendable to 14,976. S-HNIs will be able to bid for 448 shares at ₹2,09,664, while B-HNIs can also apply for a bid of 2,144 shares at ₹10,03,392. The book-running lead manager for the IPO is/are Nuvama Wealth Management Limited , Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd) , Equirus Capital Private Limited.
The total issue ₹523.07 crore, comprising a fresh issue of 96,15,384 shares ₹450 crore and an Offer for Sale (OFS) of 15,61,329 shares to mop up ₹73.07 crore.
The Capital Small Finance Bank Limited IPO sets its price band at 445-468 for each share. A single application for Capital Small Finance Bank Limited IPO must contain at least 32 shares. Sentiment investors need to invest a minimum of 32 through their retail account. For investors to prevent oversubscription issues, they should submit bids at the cutoff price, which estimates about ₹14,976 In order to participate in the sNII, investors must purchase at least 14 lots of 448 shares for ₹2,09,664, while the bNII requires 67 lots of 2,144 shares for an investment of ₹10,03,392.
Capital Small Finance Bank Limited IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | |
|---|---|---|---|---|
| Shares Offered / Reserved | 2,235,343 | 1,676,507 1,117,671 558,836 | 3,911,850 | N/A |
| Day 1 - 07-02-24 05:00 PM | 0.29 x | 0.38 0.27 x 0.59 x | 0.67 x | N/A x |
| Day 2 - 08-02-24 05:00 PM | 1.06 x | 1.03 0.79 x 1.51 x | 1.33 x | N/A x |
| Day 3 - 09-02-24 05:00 PM | 6.86 x | 4.23 3.63 x 5.43 x | 2.60 x | N/A x |
Capital Small Finance Bank Limited Valuations
EPS Pre IPO
₹26.48/-EPS Post IPO
₹34.19/-P/E Pre IPO
17.68P/E Post IPO
19.35ROE
16.45%Debt/Equity
0.95RoNW
15.33%Price to Book Value
1.81Capital Small Finance Bank Limited Company Financials All values are in ₹ Cr.
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 7,990.77 | 7,153.92 | 6,371.24 |
| Revenue | 725.48 | 632.40 | 557.27 |
| Profit After Tax | 93.60 | 62.57 | 40.78 |
| Net Worth | 610.61 | 515.78 | 450.79 |
| Reserves & Surplus | 576.36 | 481.74 | 416.88 |
| Total Borrowing | 721.38 | 498.43 | 616.72 |
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.
Capital Small Finance Bank Limited - Promoter(s)
Pre Issue Share Holding: 24.01%
Post Issue Share Holding: N/A%
- Sarvjit Singh Samra
- Amarjit Singh Samra
- Navneet Kaur Samra
- Surinder Kaur Samra
- Dinesh Gupta
Capital Small Finance Bank Limited IPO - Issue Objectives
- 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
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.
