I believe good content empowers people to unleash their wealth-creation potential, and I am happy if I can contribute to it. As per RBI regulations, they have to reduce it to 40% before Sept-2021. Equitas Small Finance Bank IPO Market Lot:. Continuing the momentum of IPO’s being launched in India, Equitas Small Finance Bank is coming out with an IPO on October 20, 2020. Equitas Holding is a listed entity while RBI has also directed it to list Equitas Small Finance Bank as per the bank licensing agreement. Investors will look at the QIB and HNI numbers and then retail will be on the charge. MERCHANT BANKING- INM 000010791; PMS- NP000006420, RESEARCH ANALYST- INH 300006500, The bank is subject to stringent regulatory requirements and prudential norms and its inability to comply with such laws, regulations and norms may have an adverse effect on its business, results of operations, financial condition and cash flows. dated August 31, 2020 and other guidelines issued from time to time in this regard. Home; About Us; Investors × Investors. Listing Date: Monday, November 2, 2020: BSE Script Code: 543243: NSE Symbol: Listing In: B Group of Securities: ISIN: INE063P01018: Issue Price [.] It may not be able to realize the expected value of the collateral on loans due to fluctuating real estate prices and/ or enforce the security in a timely manner or at all in the event of default and this may have a material adverse effect on its business, results of operations, financial condition and cash flows. The share allocation in Equitas Small Finance Bank IPO is likely to get finalised on October 27. The bank filed the draft red herring prospectus with the regulator seeking approval for Rs 280 crores in fresh equity sales and 72,000,000 equities under an offer for sale scheme. CORRESPONDENCE OFFICE: 101 & 102, (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 Please read the scheme information and other related documents carefully before investing. Home; About Us; Investors × Investors. September 1, 2020. Equitas Small Finance Bank is one of the largest small finance banks in India with diversified asset portfolio. The continuing impacts of COVID-19 are highly unpredictable and could be significant, and may have an adverse effect on the bank’s business, operations, and future financial performance. Past performance of securities/instruments is not indicative of their future performance. On the liability side, the bank primarily has mass and mass-affluent individuals having savings, current, salary, and deposit accounts. Equitas Small Finance Bank IPO is opening on 20 Oct 2020, closing date 22 Oct 2020. Limited to Equitas Small Finance Bank Limited. This shows the market is not willing to give good value to Equitas SFB. 19.03.2021); ROC: CIN-U67200WB2002PLC095275 | NARNOLIA SECURITIES LIMITED; PFRDA- of pledge in the depository system w.e.f. It is generating strong revenue and margin growth in the last 3 years. DISCLAIMER. NBT do not guarantee any assured returns on any investments. PHONE NO.-022-6839-1234/35; WEBSITE WWW.NARNOLIA.COM. Transfer of Shares to Demat Account: 29 October 2020. Differences exist between Ind AS and Indian GAAP, which may be material to investors’ assessment of the bank’s financial condition. Listing Date: 2 November 2020. Before you invest, ensure that you read through the company’s financials and the Red Herring Prospectus (RHP) carefully. In comparison, the Sensex ended 0.36 percent (or 143 points) at 39,757. Lets see how it will perform on listing day. Listing At: NSE & BSE. Post-IPO, the Promoters holding will stand at ~82%. Equitas Small Finance Bank IPO is going to hit the market on 20 October 2020. Equitas SFB focuses on individuals with limited access to formal financing channels due to the cash-based or informal nature of their income. Stock Brokers can accept securities as margin from clients only by way Fintech Pvt. Accord Check Equitas Small Finance Bank IPO Listing Date and Information: Equitas Small Finance Bank Ltd Listing Date In case of any grievances, please leave us an email 17, MIDC, MAROL, ANDHERI EAST, MUMBAI – 400093; Equitas Small Finance Bank IPO Market Lot:. Equitas Small Finance Bank's IPO comprises fresh issue of 85 million shares and offer for sale of 72 million shares mainly to m As per the GMP came down from 10-15 level to 2-3 it shows the less interest in grey market but still the things will be settle on the last day. Visit Narnolia to get complete information on Equitas Small Finance Bank Ltd. IPO including listing date, allotment status, analysis and recommendations. CHENNAI: The 518 crore initial public offer of Equitas Small Finance Bank (SFB) was subscribed at 1.94 times on its final day of bidding. Ujjivan Small Finance Bank that got listed last year trades at about 1.6 times book. Here is a quick look at some important information about Equitas Small Finance Bank: Equitas Small Finance Bank has posted strong growth in revenues over the last three years. Equitas Holdings currently trades at about 0.6 times book, owing to the holding company discount. Covering all things personal finance, I strive to make complicated financial concepts snackable and novice-friendly. participant and receive OTP directly from depository on your email id and/or mobile Select Equitas Small Finance Bank IPO and click on ‘Apply’. LIMITED–SEBI INVESTMENT ADVISOR- INA300005439, ROC: CIN- U67120JH2007PTC012791| After closing the Rs 518-crore public issue last week, Equitas Small Finance Bank is expected to finalise the basis of allotment on October 27. Equitas Small Finance Bank Ltd 3,756 1,495 244 1.4 9.7 24.1 15 1.4 AU Small Finance Bank Ltd 22,299 2,082 676 1.8 17.9 143.9 31.9 5.1 Ujjivan Small Finance Bank Ltd 5,348 1,633 350 2.1 14.6 17.2 19.5 1.9 Issue Details Date of Opening 20thOctober, 2020 Date of Closing 22thOctober, 2020 Total no. Face Value ₹10 Per Equity Share: 2. SENSEX 40375.31-250.20 (-0.62) NIFTY 11850.45-84.05 (-0.70) INDIA VIX 20.850.14 (0.65) NIFTYMIDCAP 16835.65-77.50 (-0.46) BANKNIFTY 23264.55-227.65 (-0.97) USDINR 73.440.07 (0.10) Sign In. Growth Story, Advice Based Mutual Subscription Trend of Equitas Small Finance Bank Limited: on Day 3(on 22.10.2020 at 5.00 pm) QIB : 2797001 shares offered: 3.91 T As investments are subject to market risks and price fluctuation risk, there is no assurance or guarantee that the investment objectives shall be achieved. It was down by 0.76 per cent compared to its issue price. Narnolia. Shares: Minimum 428 Shares & Maximum 5564 Shares; Minimum Amount: ₹14,980 Equitas Small Finance Bank IPO Allotment & Listing:. The current offer for sale is of 7.2 crore equity shares amounting to Rs 237.60 crores and a fresh issue of equity shares aggregating to Rs 237 crores. The shares of Equitas Small Finance Bank (ESFB) ended at ₹32.75 on its first day of listing on the BSE Exchange. 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