Equitas Small Finance Bank aka ESFB IPO has begun and this Rs. Related Posts : Equitas Small Finance Bank IPO Review Equitas Small Finance Bank IPO: Grey Market Premium etc. Equitas Small Finance Bank may launch IPO on October 20, to raise Rs 532 crore. access_time 2020-09 … Equitas Holdings (EHL) Shareholders Reservation in IPO. The IPO to list at flat rates as the grey market is flat for last few days. Emkay Global Financial Services recommended investors to subscribe to the IPO. Equitas Small Finance Bank Ltd is among the largest SFB in India in terms of number of banking outlets, and the second largest SFB in India in terms of assets under management and total deposits. Equitas Small Finance Bank IPO (ESFB IPO) is scheduled to open on 20 October 2020, marking yet another public offer from the newly created banking licensees. Equitas Small Finance Bank IPO Valuations. It is generating strong revenue and margin growth in the last 3 years. Bid Lot: 0 shares and in multiples of 0 shares. Equitas Small Finance Bank garneredEquitas raises Rs 140 crore from anchor investors. Face Value = Rs 10. Investors can invest in this IPO with a 3-5 years time frame. The company reserved 10% of the offer for Shareholders (approximate ₹51 Cr). The bank is now among the leading players in its category (more on this later). They have a market share of 16% in terms of Assets Under Manag... Read More. Return on Net Worth (RONW) = 8.92% Net Asset Value = Rs 25.92/Share. IPO Size: Rs 00 Cr (Approx) Retail & Employees Discount: Rs 0 per share. Hamsini Karthik | Mumbai Last Updated at October 20, 2020 01:19 IST. Check out the Equitas Small Finance Bank IPO date, price band, and market lot details. Equitas Small Finance Bank IPO Subscription Status (Bidding Detail) The Equitas Small Finance Bank IPO is subscribed 1.95x times on Oct 22, 2020 17:00. You can check Equitas Small Finance Bank … (Source: CRISIL Report). Company offers wide range of banking products and services to customers with a focus on serving the financially unserved and underserved customer segments in India. 520 Crore IPO is expected to give some decent returns to the investors. Its issue share price is also reasonably priced. Equitas Small Finance Bank is coming out with an IPO on October 20, 2020. IPO Opens on: 2020 . Offer for Sale: Rs . Find archived messages, ask IPO question, get expert advice and share thoughts. The ₹ 520 crore IPO of Equitas Small Finance Bank, which opened for subscription on Tuesday, was subscribed 0.51 times as of 1:15 pm on Day 2. Equitas Small Finance Bank IPO Subscription Details (Day by Day) Equitas Small Finance Bank IPO subscribed 1.95 times.Equitas Small Finance Bank IPO received bids for 2.08 times issue size in retail, 3.91 times issue size in QIB, and 0.22 times issue size in … ET Intelligence Group: Equitas Small Finance Bank (SFB) plans to raise Rs 280 crore through fresh issue of shares to boost its tier I capital. Read members review comments about Equitas Small Finance Bank Ltd IPO (page 2). Equitas Small Finance Bank is the wholly-ownedRead More… Maximum Price: Rs . Investors will look at the QIB and HNI numbers and then retail will be on the charge. Equitas Small Finance Bank IPO to raise Rs.517.60 crores. 280 crore Offer for Sale : … Equitas Small Finance Bank IPO Review, Equitas Small Finance Bank, the subsidiary of Equitas Holdings Ltd., has fixed issue price band between Rs.32 to Rs.33 per shares for its forthcoming initial public offering (IPO). Equitas Small Finance Bank IPO Subscription Details (22 Oct 5:00 pm) IPO Particulars of Equitas Small Finance Bank Limited: IPO Opens on : 20 Oct 2020 IPO Closes on : 22 Oct 2020 Issue Type: Book Built Issue IPO PUBLIC OFFER OF UP TO 15 EQUITY SHARES OF FACE VALUE OF Rs 10 EACH (“EQUITY SHARES”) OF EQUITAS SMALL FINANCE BANK LIMITED FOR CASH AT A PRICE OF Rs. Follow us on Considering the pent up expectation around the initial public offering (IPO) of Equitas Small Finance Bank (Equitas SFB) and the manner in which foreign and domestic investors have lapped up banking stocks since July, the issue holds promise. IPO Closes on: 2020 . Equitas Small Finance Bank aka ESFB IPO will hit the market on 20 October 2020. Get Equitas Small Finance IPO open dates, review, price band, form and market lot details at Groww. 20-10-20 GMP NIL; Equitas Small Finance Bank IPO (Equitas SFB IPO) : Anchor Investors. 32-33 per Share Issue Size Rs. Equitas Small Finance Bank Ltd. (ESFB) is one of the largest SFB in India in terms of number of banking outlets, and the second largest SFB in India in terms of assets under management and total deposits in Fiscal 2019. Equitas Small Finance Bank IPO subscribed 1.95x times, QIB 3.91x, HNI 0.22x and RII 2.08x times overall. Investors who hold EHL shares on October 11, 2020, are eligible to apply under the shareholder’s category of Equitas Small Finance Bank IPO. Equitas Bank IPO Review: Fortune at bottom of pyramid? Equitas Small Finance Bank is gearing up to bring its IPO to the market on October 20. The revenues was reported around 1787 crores in 2018 while net income was around 31 crore. The company provides microfinance loans promoting financial inclusion, housing finance, vehicle finance, and MSE finance. Equitas SFB IPO GMP Today, Check Daily Movement; Registrar of Equitas Small Finance Bank IPO . Whereas the grey market premium is very flat and every investor is confused, whether to apply or ignore this ESFB IPO. Earnings Per Share (EPS) = Rs 2.39 PE Ratio = 13.80 (Approx). Equitas Small Finance Bank IPO to hit the market on 20 October 2020 and closes on 22 October 2020. Fresh issue: Rs Cr. The headquarter is based in Chennai. Equitas Bank IPO Review, Dates, Allotment, Size, Live Bid Details, GMP & RHP. Equitas Small Finance Bank, the subsidiary of Equitas Holdings, has fixed the price band for its forthcoming initial public offering (IPO) at Rs 32-33 per share. Price Band: Rs per share. Equitas Small Finance Bank IPO comprises of fresh issuance of Equity Shares upto ₹ 280Cr and Offer for saleof up to 72,000,000 Equity Shares by promoters. Check … Equitas Small Finance Bank IPO to list on NSE and BSE on 2 November 2020, Monday at 10:00 AM. In addition, its promoter Equitas Holdings (EHL) will sell shares worth upto Rs 238 crore to reduce its stake to around 82% from the current 95.5%. October 26, 2020 Top10StockBroker. Accordingly, Equitas Bank has to list its shares on the stock exchanges within a period of three years. KFin Technologies Private Limited Selenium Tower B, Plot 31-32, Gachibowli, Nanakramguda, Hyderabad – 500 032, Telangana Phone: +91 40 6716 2222 Fax: +91 40 2343 1551 Email:[email protected] Website: www.kfintech.com. As per the less response we might have the listing below the IPO price. Equitas Small Finance Bank IPO Time Line. Check out Equitas Small Finance Bank IPO allotment status online. The Rs 518 crore initial public offer (IPO) of Equitas Small Finance Bank, which was open for bidding between October 20 and 22, was subscribed 1.95 times at close. About 10 microfinance companies have been issued small finance bank licenses by the Reserve Bank of India till late last year. 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