Equitas Small Finance Bank IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 517.60 Cr. The company is based in Chennai and caters to Banking And Finance sector. Edelweiss Financial Services , IIFL Securities , Jm Financial are the merchant bankers of Equitas Small Finance Bank IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 16th December 2019.
Equitas Small Finance Bank IPO open date is 20th October 2020 and close date is 22nd October 2020. IPO Allotment Date is 27th October 2020 and Listing date is 2nd November 2020.Equitas Small Finance Bank IPO size is ₹ 517.60 Cr. with IPO price of ₹ 33.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Edelweiss Financial Services Limited is the book-running lead manager of the Equitas Small Finance Bank IPO. Kfin Technologies Limited is the Registrar for Equitas Small Finance Bank IPO.
Equitas Small Finance Bank IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Equitas Small Finance Bank IPO, based in Chennai, operates in the Banking And Finance sector with a focus on financial services. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Equitas Small Finance Bank IPO size is ₹ 517.60 Cr. with fresh issue size of ₹ 518 and Offer for sale being ₹ Nil
The IPO allotment date for Equitas Small Finance Bank IPO is expected to be 27th October 2020, after the finalization of basis of allotment. Investors can check Equitas Small Finance Bank IPO allotment status on the registrars website, Kfin Technologies Limited . Equitas Small Finance Bank IPO refund dates are 28th October 2020.
Equitas Small Finance Bank IPO is expected to be listed on 2nd November 2020.
The upper price band for the Equitas Small Finance Bank IPO is set at ₹ 33.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Equitas Small Finance Bank IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Equitas Small Finance Bank IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 22nd October 2020. After submission, funds are blocked until the basis of allotment of Equitas Small Finance Bank IPO is finalised.
The merchant banker for Equitas Small Finance Bank IPO is Edelweiss Financial Services Limited , IIFL Securities Limited , Jm Financial Limited . Edelweiss Financial Services Limited , IIFL Securities Limited , Jm Financial Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Equitas Small Finance Bank IPO RHP for further details.
The registrar for Equitas Small Finance Bank IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to Equitas Small Finance Bank IPO through their official website or helpline.
Equitas Small Finance Bank IPO was subscribed 1.95 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Equitas Small Finance Bank IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Equitas Small Finance Bank Financial Review Page
Merchant Banker(s) of Equitas Small Finance Bank IPO: Edelweiss Financial Services Limited , IIFL Securities Limited , Jm Financial Limited
Equitas Small Finance Bank IPO subscription was 1.95 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Equitas Small Finance Bank IPO listed at a listing price of 32.75 against the offer price of 33.00.
The current market price of Equitas Small Finance Bank is 63.29.
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