Equitas Small Finance Bank IPO Date and grey market details

Equitas Small Finance Bank IPO Date announced and grey market details




IPO on Equitas Small Finance Bank announced open date 20 October 2020, total company raise IPO around 517.60 crores. This IPO grey market premium offer for sale the shares.

 

The Equitas Small Finance Bank information, this company Founded 2007 and  Headquarters in the Chennai based, this Bank importantly providing microfinance loans, local business loans, House loan, Vehicle loans, agriculture loans, MSE loan, corporate loans, and other business relation loans provide the ESFB. The Banks on Saving account, Salary account, current account, and variety of deposit account. A bank across 15 states and territories run and 332 ATMs owned.

Equitas Small Finance Bank IPO Dates & Price Bands

* The IPO Open date on 20 October 2020

* IPO Close date 22 October 2020

* Fresh issue Rs.280 crore

* Offer for sales Rs. 237.60 crore

* The Equitas Small Finance Bank Issue Size Rs. 517.60 Crore

* Face Value Rs. 10 Per Equity Share

* Price Bank Rs. 32 to Rs.33 per shares

* The company listed the two market NSE & BSE

* Retail Portion 35% percent

* Equity total 72,000,000 shares


Equitas Small Finance Bank IPO Lot size

The company lot size announced, one Lot 450 shares, and Maximum shares buy 5850 shares. Minimum Lot price Rs.14,850 and Maximum Lot size price Rs.1,93,050.


This IPO allotment date and Listing news release the bank, Basis of Allotment 27 October 2020, IPO amount refund your account on 28 October 2020. Then does allocate IPO Credit to your Demat account on 29 October 2020. IPO Listing Data the 02 November 2020


Equitas Small Finance Bank results in performance

FY 2018 

Revenue Rs.1,772.9 crore, Expenese Rs.1,741.1 crore, Net income 31.8, and Net margin 1.8% percent.


FY2019

Revenue Rs.2,394.8 crore, Expenses Rs.2,184.3 crore, Net income 210.6 crore, Net margin 8.8% percent.


FY2020

Revenue Rs.2,927.8 crore, Expenses Rs.2,684.2 crore, Net income 243.6 crore and Net margin 8.3% percent.


Q1FY2021

Revenue Rs.751 crore, Expenses Rs.693.3 crore, Net income Rs.57.7, crore, and net margin 7.7% percent.




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