Equitas Small Finance Bank Ltd IPO
MainboardBank - Private
Listed On: Nov 2, 2020 at ₹ 31.10
₹ 14850 /450 Shares
Check AllotmentPrice Summary
Last Closing
68.70 (108.18%)52 Week High
116.5052 Week Low
65.60Last Update
8-Nov-2024 3:30 PMIPO Live Subscription Details
IPO Details
20 Oct, 2020
Open Date22 Oct, 2020
Close Date28 Oct, 2020
Allotment Date02 Nov, 2020
Listing DateIssue Price
₹32 to ₹33 per equity shareShareholder Discount: ₹0
Employee Discount: ₹0
Face Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
KFintech Private LimitedList Price
31.10Listing Date
2020-11-02Market Lot
450 Shares (₹14,850/-)Lead Manager
Edelweiss Financial Services LtdIIFL Holdings Limited
JM Financial Consultants Private Limited
Issue 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/- Cr
Offer for Sale: 7,20,00,000 Equity Shares of Rs 10/- at price of Rs 32/- to Rs 33/- with aggregating up to Rs 237.6/- Cr
Retail Portion
N/ASubscription
1.95 timesIPO Subscription Details
As on | QIB | NII | Retail | Employee | Share Holder | Total |
---|---|---|---|---|---|---|
Shares Offered / Reserved | 27,975,001 | 21,487,500 | 50,137,500 | 312,500 | 15,937,500 | 115,850,001 |
Day 1 - 20-10-20 05:00 PM | 0.00 x | 0.02 | 0.85 x | 0.59 x | 0.14 x | 0.39 x |
Day 2 - 21-10-20 05:00 PM | 0.05 x | 0.05 | 1.42 x | 0.97 x | 0.24 x | 0.67 x |
Day 3 - 22-10-20 05:00 PM | 3.91 x | 0.22 | 2.08 x | 1.84 x | 0.41 x | 1.95 x |
Valuations
Earnings Per Share (EPS)
₹2.15/-P/E Ratio
15.42RoNW
8.92%Net Asset Value (NAV) - Post Issue
₹26.47Company Financials All values are in ₹ Cr.
30-Jun-20 | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 | |
---|---|---|---|---|
Assets | 20,892.13 | 19,314.54 | 15,762.69 | 13,301.15 |
Revenue | 750.96 | 2,927.79 | 2,394.83 | 1,772.90 |
Profit After Tax | 57.67 | 243.63 | 210.56 | 3,183 |
About The 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.
Read More- Peers Comparison
P/B Ratio | P/E Ratio | RoNW | Net Worth | |
---|---|---|---|---|
Equitas Small Finance Bank Limited | 1.32 | 15.42 | 8.92 | 2927.80 Cr. |
DCB Bank Limited | 0.69 | 7.03 | 9.83 | 3927.73 Cr. |
AU Small Finance Bank Limited | 5.21 | 33.30 | 15.66 | 4991.98 Cr. |
Bandhan Bank Limited | 3.39 | 18.62 | 18.23 | 12,434.69 Cr. |
Ujjivan Small Finance Bank Limited | 1.72 | 14.36 | 6.87 | 3025.81 Cr. |
Sundaram Finance Limited | 2.60 | 19.70 | 13.20 | 4722.53 Cr. |
CreditAccess Grameen Limited | 3.66 | 33.07 | 11.06 | 170 Cr. |
- Promoter(s)
Company Promoter(s)
- Equitas Holdings Limited
IPO - Issue Objectives
- The bank proposes to utilize the Net Proceeds from the fresh issue offer towards augmenting the Bank's Tier I capital base to meet the future capital requirement.
IPO - FAQs
Ans. Equitas Small Finance Bank Ltd IPO is a Mainboard IPO. The issue is priced at ₹32 to ₹33 per equity share Shareholder Discount: ₹0 Employee Discount: ₹0. The minimum order quantity is 450 Shares. The IPO opens on Oct 20, 2020, and closes on Oct 22, 2020. KFintech Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Ans. The Equitas Small Finance Bank Ltd IPO opens on Oct 20, 2020 and closes on Oct 22, 2020.
Ans. The size of Equitas Small Finance Bank Ltd IPO 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/- Cr Fresh Issue: 8,48,48,485 Equity Shares of Rs 10/- at price of Rs 32/- to Rs 32/- with aggregating up to Rs 280/- Cr Offer for Sale: 7,20,00,000 Equity Shares of Rs 10/- at price of Rs 32/- to Rs 33/- with aggregating up to Rs 237.6/- Cr.
Ans. The IPO price band is set between ₹32 to ₹33 per equity share Shareholder Discount: ₹0 Employee Discount: ₹0.
Ans. To apply for Equitas Small Finance Bank Ltd IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Equitas Small Finance Bank Ltd 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 Equitas Small Finance Bank Ltd IPO is Oct 28, 2020.
Ans. The Equitas Small Finance Bank Ltd IPO will be listed on Nov 2, 2020.
Ans. Follow the steps to check the allotment status for Equitas Small Finance Bank Ltd IPO here.