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Jana Small Finance Bank IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 570.00 Cr. The company is based in Bangalore and caters to Banking And Finance sector. Axis Capital , ICICI Securities , SBI Capital Markets are the merchant bankers of Jana Small Finance Bank IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 30th July 2023.
Jana Small Finance Bank IPO open date is 7th February 2024 and close date is 9th February 2024. IPO Allotment Date is 12th February 2024 and Listing date is 14th February 2024.
IPO
Size:
₹ 570.00 Cr.
Avg IPO Size (Sector Based)
: ₹
1,777.43 cr.
Sector: Banking And Finance
IPO so far:
79
Merchant Banker:
Axis Capital
IPO by BRLM so far:
161
City:
Bangalore
IPO so far:
44
Revenue (annualised):
₹
4431.14
cr. 
PE
Ratio:
16.36x
Average Sector PE Ratio: 20.56x
Jana Small Finance Bank IPO size is ₹ 570.00 Cr. with IPO price of ₹ 414.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Axis Capital Limited is the book-running lead manager of the Jana Small Finance Bank IPO. Kfin Technologies Limited is the Registrar for Jana Small Finance Bank IPO.
Jana Small Finance Bank IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Jana Small Finance Bank IPO, based in Bangalore, 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. Jana Small Finance Bank IPO size is ₹ 570.00 Cr. with fresh issue size of ₹ 462.00 Cr. and Offer for sale being ₹ 108.00Cr.
The IPO allotment date for Jana Small Finance Bank IPO is expected to be 12th February 2024, after the finalization of basis of allotment. Investors can check Jana Small Finance Bank IPO allotment status on the registrars website, Kfin Technologies Limited . Jana Small Finance Bank IPO refund dates are 13th February 2024.
Jana Small Finance Bank IPO is expected to be listed on 14th February 2024.
The upper price band for the Jana Small Finance Bank IPO is set at ₹ 414.00 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 Jana 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 Jana 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 9th February 2024. After submission, funds are blocked until the basis of allotment of Jana Small Finance Bank IPO is finalised.
The merchant banker for Jana Small Finance Bank IPO is Axis Capital Limited , ICICI Securities Limited , SBI Capital Markets Limited . Axis Capital Limited , ICICI Securities Limited , SBI Capital Markets Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Jana Small Finance Bank IPO RHP for further details.
The registrar for Jana 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 Jana Small Finance Bank IPO through their official website or helpline.
Jana Small Finance Bank IPO was subscribed 19.89 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 570.00 Cr.
Avg IPO Size (Sector Based)
:
₹ 1,777.43 Cr.
Sector: Banking And Finance
IPO so far:
79
Merchant Banker:
Axis Capital
IPO by BRLM so far:
161
City:
Bangalore
IPO so far:
44
Revenue (annualised):
₹ 3,727.88 cr.
PE
Ratio:
16.36x
Average Sector PE Ratio: 20.56x
Jana 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 Jana Small Finance Bank Financial Review Page
Merchant Banker(s) of Jana Small Finance Bank IPO: Axis Capital Limited , ICICI Securities Limited , SBI Capital Markets Limited
Jana Small Finance Bank IPO subscription was 19.89 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.
Jana Small Finance Bank IPO listed at a listing price of 368.20 against the offer price of 414.00.
The current market price of Jana Small Finance Bank is 506.75.
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